Love & Hip Hop Star Stevie J Owes The IRS $371,000

New York state has seen enough of "Love & Hip Hop: Atlanta" star Stevie J's deadbeat ways ... and may now snatch his property from him and sell it to pay off the $1.2 million in back child support he owes.

TMZ has obtained documents issued by the state informing Stevie it now has the power to seize any property he owns. Interestingly, the state sent Stevie 4 separate notifications between 2011 and 2013 ... all of which he apparently ignored.

Stevie was arrested Monday at his home in Georgia for failing to pay the support.

This guy's also an alleged deadbeat with the IRS -- there are FOUR income tax liens against him totaling $371,000.

No money ... mo' problems.

Stebie owes the IRS too?

And that's on top of the milli owed in child support…...

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