Britney Spears Faces $721,000 Tax Bill Amid Ongoing Financial Struggles DeAnna JanesFebruary 4, 2026 at 12:27 AM 0 Photo by Image Group LA on Getty Images The cost of freedom is apparently really expensive. According to reports, Britney Spears is staring down a hefty sixfigure tax bill. "Britney Spears' tax deficiency and penalty totaling about $721,000 is proper, the IRS told the US Tax Court as it defended its adjustment of flowthrough income from her business and a disallowance of certain deductions in 2021," Bloomberg reported.
- - Britney Spears Faces $721,000 Tax Bill Amid Ongoing Financial Struggles
DeAnna JanesFebruary 4, 2026 at 12:27 AM
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Photo by Image Group LA on Getty Images
The cost of freedom is apparently really expensive.
According to reports, Britney Spears is staring down a hefty six-figure tax bill.
"Britney Spears' tax deficiency and penalty totaling about $721,000 is proper, the IRS told the US Tax Court as it defended its adjustment of flow-through income from her business and a disallowance of certain deductions in 2021," Bloomberg reported.
The "Baby One More Time" singer challenged the determination in December 2025, claiming tax deficiencies she said resulted from erroneous adjustment of flow-through income from her business, Shiloh Standing Inc.
In May 2025, Radar Online reported that the singer was "facing a cash crisis," claiming she was plowing through the massive fortune she amassed largely in the late '90s and 2000s as the princess of pop. Over the weeks and months since, details concerning just how critical her situation is have come to light.
"People around Britney are seriously alarmed because this isn't just about one tax bill or a bad month," an insider told Radar in a story published last week. "The money has been flying out the door for a long time and it's finally catching up with her."
Per the outlet, Spears has been enjoying the finer things in life: luxury vacations, private planes, paying for her entire entourage to come with. Splurging that when multiplied by conservatorship, divorce, and other court fees might just dwarf her net worth.
In November 2021, the "Overprotected" singer was released from the conservatorship that had controlled her person, finances, and estate ever since 2008. The final ruling from Judge Brenda Penny returned full control of Spears' estimated $60 million fortune back to her.
Here's hoping the Glory star can get her arms around this money situation. We're cheering for you, Brit.
Related: Britney Spears Shares Rare Photo of Son, 19, Towering Over Her
This story was originally published by Parade on Feb 3, 2026, where it first appeared in the News section. Add Parade as a Preferred Source by clicking here.
Source: "AOL Entertainment"
Source: Entertainment
Published: February 04, 2026 at 04:46AM on Source: RED MAG
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