Lisa Marie Presley Reportedly Owes Major Taxes in New York

by Jennifer Shea

Elvis Presley’s daughter Lisa Marie Presley reportedly owes New York quite a hefty sum in unpaid taxes.

The state recently released its list of the top 250 delinquent taxpayers in the state. Presley is number 177 on that list. She owes New York $636,950.33 in unpaid personal income taxes.

The Daily Mail first reported on Presley’s delinquent status. Other wealthy individuals making the list include Ghislaine Maxwell and Evgeny “Gene” Freidman, the “taxi king” of New York City, who has reportedly socialized with the likes of Mayor Bill de Blasio and billionaire Michael Bloomberg.

Lisa Marie Presley Has Had a Rough Few Years

Presley’s tax problems are not a new phenomenon. In 2017, she estimated that she owed the Internal Revenue Service (IRS) $1.5 million. That was on top of $250,000 in state taxes. Plus, she said she owed more than $5 million to the U.K. government.

The problem, Presley said, was that her business manager failed to pay taxes for years, resulting in a ballooning tax liability.

Presley was at that point getting $100,000 a month from her inheritance, and she got an extra $4,300 per month from Graceland, where she was a salaried employee.

But in court documents obtained by E!, Presley claimed that her ex-husband Michael Lockwood spent over $1 million of her property funds before going on to seek spousal support from her upon their divorce. Presley further claimed that she makes no money as a singer-songwriter, and in 2017, was living with her adult daughter Riley Keough to save money.

Singer-Songwriter Is Still Mourning Her Son

Presley lost her 27-year-old son Benjamin Keough to suicide in July of last year.

Presley’s rep Roger Widynowski told People that the singer-songwriter was “completely heartbroken, inconsolable and beyond devastated but trying to stay strong for her 11-year-old twins and her oldest daughter Riley.”

“She adored that boy. He was the love of her life,” Widynowski added.

In December, Presley sold the Calabasas home where Benjamin died for $2 million. She reportedly could not stand to set foot inside the home after her son’s death.