Whitney Houston’s Estate Reaches $2M Settlement With IRS

Whitney Houston‘s estate settled its long battle with the IRS, having to fork over $2 million instead of the original $11 million it was ordered to pay.

The estate filed documents on December 26 agreeing to pay the amount of $2,275,366, according to legal documents obtained by Page Six via The Blast.

After Houston passed away in 2012, the IRS determined her estate had “underreported the singer’s royalties, residuals and value of her image by $22.6 million,” The Blast reported. The IRS alleged that meant the estate owed $11 million dollars.

Houston’s estate, however, claimed the IRS was incorrect in its value determination and maintained it was worth $11.7 million.

A trial was set for February, but the parties were able to reach a deal prior to going to court.

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