Whitney Houston’s Estate Wins Big In Settlement With IRS Over Unpaid Taxes

Whitney Houston’s estate has struck a major deal with the IRS, just one month before the case was set to head to trial.

After the untimely death of the legendary songstress, the IRS said the estate had underreported Houston’s value by $22.6 million, The @blast reports.

However, the estate refuted the IRS’ claim, saying Houston’s royalties, residuals, and publicity rights were correctly valued at $11.7 million.

Eventually, the two parties came to an agreement, settling on the amount of $2,275,366 slashing the initial amount owed by nearly $9 million.

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Jen is a Writer and Content Curator for Baller Alert, who writes under the alias “MsJennyb.” In this role, Jen develops and contributes relevant special-themed content to attract readers. Before joining the Entertainment Industry via Baller Alert, Jen spent one year as a Freelance Writer and two years as a Human Resources assistant in a corporate office. Jen has a degree in Criminal Justice from Rutgers University with a concentration in Africana Studies.

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