Multi-Grammy Award-winning songstress Dionne Warwick has filed for bankruptcy, owing the IRS and the state of California nearly $10 million in back taxes.
[IMGCAP(1)]Warwick, 72, currently lives in South Orange, N.J. in a $5,000 rental and claims to have $25,000 in assets and $1,000 in her bank account, according to bankruptcy filing which was submitted earlier this month in Newark’s U.S. Bankruptcy Court.
Warwick’s documents showed that her average monthly income is $20,950 and needs at least $20,940 to cover her monthly expenses.
Warwick’s filing stated that she also owes $500,000 to her former manager and another $20,000 in credit card debt.
Side note, Warick's father, Mancel Warwick, was a CPA.
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