Iggy Azalea, Nick Young Rumors: Another Bombshell Drops On Australian Rapper [VIDEO]

If Iggy Azalea needs any help paying her taxes, there's one asset that might be available.

The troubled Australian rapper owes the IRS nearly $400,000 in taxes from 2014, TMZ Sports reports.

Iggy Azalea Finally Makes Statement About Nick Young In Form Of Keeping Engagement Ring On Her Finger

Azalea's debut album, The New Classic, had more than 500,000 record sales as of last spring. Why her 2014 tax wasn't addressed last year is unknown.

Azalea recently found out through Los Angeles Lakers rookie D'Angelo Russell secretly recording fiancé Nick Young saying he got together with a 19-year-old at a nightclub and had designs on hitting on Amber Rose but was denied because Rose and Azalea are friends.

Nicki Minaj Entangled In D'Angelo Russell Video Of Nick Young Revealing He Cheated On Iggy Azalea

She was spotted alone at the iHeart Radio Music Awards still wearing the engagement ring Young gave her last summer.

Azalea said in an interview last August that her engagement ring cost $700,000, although other reports have estimated its price at $500,000.

That's enough to cover her $391,056.55 bill from the IRS, which is the actual amount of taxes that TMZ Sports reported.

The rapper has not given any indication whether she'll forgive Young for his infidelity, other than wearing the ring to the music awards ceremony.

Russell has been raked through the mud repeatedly for his involvement in the relationship between Azalea and Young. He said he recorded Young as a joke that was meant to be seen only by Young.

Subsequent reports blamed an ex-girlfriend of Russell for loading the video to Snapchat, where a member of Nicki Minaj's camp got a hold of the video and made sure it went viral.

A few people have commented on Young's cheating behavior not being right but dismissing his actions as private between him and Azalea.

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