Dionne Warwick Files for Bankruptcy, Owes $10M in Taxes

Says she makes just $10 a month after expenses
By Evann Gastaldo,  Newser Staff
Posted Mar 27, 2013 9:56 AM CDT
Dionne Warwick Files for Bankruptcy, Owes $10M in Taxes
Dionne Warwick performs a medley of her tunes at the Los Angeles Urban Leagues "Whitney M. Young Jr. Awards Dinner in Los Angeles, CA Thursday April 12, 2007.   (AP Photo/Earl Gibson III)

The latest celebrity with big-time tax trouble: Dionne Warwick. The 72-year-old singer has filed for bankruptcy, TMZ reports. She owes $10.2 million in back taxes that have been accruing since 1991. Almost $7 million of that is owed to the IRS, and the rest to California, the BBC reports. She also has $20,000 in credit card debt and owes $500,000 to a former manager, Radar reports. Her rep blames the whole thing on bad financial management, and says Warwick has actually paid the taxes but still owes penalties and interest.

In her filing, she claimed she makes just $10 a month after paying all her expenses. Of course, those expenses include a monthly $5,000 housekeeping bill and $4,000 per month for a personal assistant. Click for more celebs who've been in the same boat. (Read more back taxes stories.)

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