Allison Holker Reveals tWitch Left Her with $1 Million Tax Debt Following His Death
Allison Holker shares troubling details about her financial situation in her memoir, This Far: My Story of Love, Loss, and Embracing the Light, released on February 4. Holker reveals that her late husband, Stephen "tWitch" Boss, left her with significant debt after his passing. She clarifies that rather than inheriting wealth, she faced mounting financial challenges.
"It’s a misconception that I inherited Stephen’s wealth. The reality is quite different," Holker, 36, explained. She highlighted that tWitch had given large amounts of money to family and friends and engaged in reckless spending. "The tax bill he left me with for the year he died was $1 million," she disclosed.
Holker described the moment when the news reached her. Hearing from an "distressed" accountant was "a terrible surprise." "Paying that debt depleted his accounts," she noted, referencing the couple's choice to keep separate bank accounts.
"I had thought our arrangement was fine. He managed his income, and I managed mine, and we divvied up the bills. Easy-peasy. Or so I thought," Holker stated. The reality was different. "I’m still jumping through endless bureaucratic hoops because Stephen didn’t leave a will."
She and tWitch were married for nine years before his suicide in December 2022, which tragically occurred just days after their anniversary. Holker remarked that "the financial mess" that followed her husband’s death acted as a distraction from her grief. She had to let go of staff in order to pay off some debts.
"I couldn’t solely focus on mourning in those first few months because I was occupied with reworking contracts, rebuilding my business network, and getting my finances in order," Holker explained. The contentious surprises seemed unending.
The family discovered they "had no medical insurance" because their coverage all depended on tWitch's policy. She also pointed out that tWitch "neglected" to pay their homeowner's insurance, thus leaving her to address those bills too. She kept up with his car payments until eventually selling his vehicle in 2024.
"Contrary to popular belief, I am not profiting significantly from his residuals, as Stephen's work primarily involved reality shows, where they are minimal," she explained. "Most of what I claimed was to ensure the taxes were properly paid. The debt he left me with was overwhelming."
Currently, Holker reveals that she is "still in the trenches" when managing her finances.
"If he had known how much of our hard-earned money would cover lawyer fees to clean up the mess he left behind, would it have made any difference?" she mused in her book. "I’d like to believe it would have. Stephen left me with double the work, double the noise, double the hardships, double the confusion — and half the household earnings." This Far is available now.
Earlier, SSP wrote that Ariana Grande responded to critics questioning her voice.