Mizkif claims he needs to pay $800,000 in taxes, says he is "kind of screwed"
During a livestream on January 12, Twitch star Matthew "Mizkif" revealed some financial details and claimed that he would have to pay $800,000 in taxes.
The conversation started when the streamer mentioned that he had hired a new accounting firm to review his financial situation. He went on to say that the firm told him to "be ready," saying that he "owed $400,000 more" come April 20, 2022.
The Austin, Texas-based content creator elaborated on the situation by saying:
The discussion started at the one-hour mark of his January 12 broadcast, when Mizkif labeled January as the most depressing month of the year. He then revealed having a meeting with his tax team and stated:
Mizkif claimed that the aforementioned firm did not work with Twitch streamers since they didn't understand the industry. This compelled him to hire a new accounting firm:
The co-founder of One True King (OTK) stated that the new firm informed him he was "getting scammed" and owed more money in taxes:
Timestamp: 01:00:50
Mizkif claimed that he recently paid the sum, to which the new firm replied:
Mizkif went on to say that he was "kind of screwed," adding that he didn't know what to do. He speculated that he might have to sell his collection of rare vintage games, saying:
The YouTube comments section featured a handful of fan replies and here's a snippet of some relevant ones:
While one viewer commented that Mizkif's situation appeared to be a "huge mismanagement of money," another stated that the streamer should have sold his collection of rare games when he received a $600,000 offer.
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