Jermaine Dupri Forced To Pay Ridiculously Expensive IRS Penalties

Singer Jermaine Dupri has learned a very important and simple lesson, pay your taxes or you could end up with a tax bill twice as high as you originally owed.

According to documents filed in the state of Georgia Dupri was forced to pay $493,818.75 in taxes on an original bill of just $254,782.64. The penalties were added after the singer failed to file a 2007 tax return.

Jermaine Dupri did pay off the full bill but here’s a breakdown of his extra costs:

Interest — $91,721.75
Penalty — $64,969.57
Collection fee — $82,294.79
Costs — $50

I think it’s safe to say that in Jermaine Dupri’s case he’s thinking “lesson learned.”

In the meantime here’s a Dupri single for you to enjoy:

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Have you ever been hit with a ridiculously high IRS penalty? Share your story in our comments section.