Dionne Warwick Files for Bankruptcy, Owes Millions in Back Taxes

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dionne-warwick-bankruptcy-200 Singer Dionne Warwick owes nearly $10 million in back taxes and has filed for bankruptcy.

In a Chapter 7 petition filed this month in New Jersey, Warwick lists liabilities that include nearly $7 million owed to the Internal Revenue Service for the years 1991 to 1999 and more than $3 million in business taxes owed to the state of California. Warwick lists her current address in South Orange.

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The singer of classics such as “Walk On By,” ”I Say a Little Prayer” and “Do You Know the Way to San Jose” also lists about $21,000 in monthly income and about the same amount in monthly expenses.

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Warwick’s publicist says the singer has paid back the actual amount of the taxes but that penalties and interest have accumulated over the years. SOURCE

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