Rasheed Wallace pays back taxes, owes more

Rasheed Wallace pays back taxes, owes more

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by KGW.com Staff

kgw.com

Posted on November 26, 2013 at 10:51 AM

Updated Tuesday, Nov 26 at 1:34 PM

PORTLAND -- Multnomah County received a check paying Rasheed Wallace's back taxes, but the former Portland Trail Blazer still owes on his 2013 taxes.

The county received a check for $115, 644.85 from a Merill Lynch account owned by Rasheed and Fatima Wallace, county officials said Tuesday.

The payment clears Wallace of taxes he owed for 2010, 2011 and 2012. It also makes his first trimester payment for 2013.

Background: Wallace fails to pay back taxes

Though the check did not specifically have Wallace's name printed on it, county officials said they "assume" the check belonged to the Wallace family.

Wallace had owed more than $150,000 in unpaid property taxes. His wife submitted an electronic payment early in Nov. for $34,686 dollars but when the county went to get the funds, they were told the account is not valid.

It’s possible that because an electronic payment was made, the wrong account number could have been entered by mistake.

More: Top tax delinquents owe over $6.5 million

KGW reported that Wallace, now an assistance coach for the Detroit Pistons, was one of the top 25 tax delinquents in Multnomah County.

Wallace was in town on Nov. 12 when the Pistons played the Blazers. He refused to acknowledge News Channel 8's Reggie Aqui, who attempted to question him about the taxes.

During his 17-year career as an NBA player, Wallace earned $17 million in his last year with the Blazers.

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