Life + Money

Life + Money

Tax Troubles of the Rich and Famous

Ja Rule

Money owed: $1 million

Prison sentence: 2 years


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The rapper and actor pled guilty to tax evasion this month in a Newark, N.J., federal court. Admitting that he hadn’t paid tax from earnings in 2004 and 2006, Ja Rule will pay more than $1 million in back taxes and penalties and serve two years in prison. Though the MTV Video Award winner did catch a break: He will be able to serve his federal sentence concurrently with the two years he’ll already be serving in New York for attempted possession of a weapon stemming from a 2007 incident — the same incident that put rapper Lil Wayne in behind bars for nine months.

Photo: Getty Images