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The petition also alleged that the IRS allegedly disallowed portions of Beyoncé’s business income deductions, utilities, insurance, management fees, legal services and professional services for 2018 and 2019, respectively. It also noted that if the “Crazy In Love” singer does owe any tax deficiency payments – which occurs when there is a discrepancy between the amount one reports to the IRS and the figure they calculate – then the penalty should not apply because she has “acted reasonably and in good faith.”
According to the Notice of Deficiency, included in the court documents, the IRS claimed Beyoncé owed $805,850 for 2018 and $1,442,747 for 2019, plus an additional $449,719.40 in combined penalties for those years. Beyoncé’s attorney argued in court documents that their client has “acted reasonably and in good faith.”Her rep and her attorney did not respond to Page Six’s request for comment.