DMX Accepts Plea Deal

DMX has struck a deal in his felony tax evasion case that saved him from a 40-year prison sentence. But, he still may end up in the clink up to 5 years.

[Read Also: DMX Pleads Not Guilty To 14 Counts Of Tax Evasion: ‘My Life Is In God’s Hands’]

Via TMZ:

The rapper entered a guilty plea to 1 count of tax evasion, according to prosecutors with the US Attorney’s Office Southern District NY, and now faces up to 5 years in prison. He initially was looking at more than 40 years.

Sentencing is scheduled for March 29.

TMZ broke the story … X was slapped with 14 counts of tax evasion after prosecutors said he dodged paying $1.7 million in federal taxes by concealing income.

DMX’s lawyer Murray Richman tells TMZ … X told the court he knowingly did not pay taxes on royalties and other monies. He goes on to say the rapper is worried about the possibility of going to jail, but took the deal anyway.

See video below.

Aside from his tax drama, can we take a moment to acknowledge how great and healthy DMX is looking these days?!