AceShowbiz -

Iggy Azalea owes IRS almost $400,000 in unpaid income taxes. According to TMZ, the "Pretty Girls" rapper has been hit with tax debt of exactly $391,056.55 in unpaid income taxes from 2014. It was a huge year for Iggy since her album "The New Classic" became huge hit.

A representative for the "Fancy" hitmaker hasn't commented on the report yet. Iggy has been hit with allegations that her fiance Nick Young cheated on her with a 19-year-old girl. Nick seemingly made a cheating confession in a video shared by D'Angelo Russell.

On Sunday, April 3, Iggy was seen still wearing her engagement ring on the red carpet of the iHeartRadio Music Awards amidst the cheating rumors. The "Problem" rapper showed off her flat tummy and slender arms in blue high-waist trousers paired with a patchwork crop top.

Nick reportedly struggled to win Iggy's heart back. A source told HollywoodLife.com, "He really wants to do normal stuff with her that they did in the beginning of the relationship like go to Six Flags and watch movies at home. They were really simple and made sure to do normal things, then things went astray in many ways. So he wants to get back to doing things like they did when they first started falling in love."