Jermaine Dupri Gets Expensive Tax Lesson

01/09/2012
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(TMZ) Jermaine Dupri is tax debt free after he recently paid off a giant lien ... but it cost him nearly TWICE AS MUCH as it should have.

According to docs filed recently in Georgia, Dupri owed $493,818.75 in back taxes he failed to pay for the year 2007.

But get this ... the principal was only $254,782.64. Here's what the state tacked on:Interest -- $91,721.75
Penalty -- $64,969.57
Collection fee -- $82,294.79
Costs -- $50 (why bother?)
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Copyright TMZ - Excerpted here with permission.

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