Kevin Durant on Thursday dismissed his federal lawsuit against his former accountant.
The two-page legal filing does not state whether there was a settlement in the case.
Durant sued California accountant Joel Lynn Elliott in December in federal court in San Jose, Calif. The lawsuit first attracted national attention this week when TMZ Sports reported on it.
The Oklahoma City Thunder’s star forward was seeking money damages of at least $200,000 on each of three counts.
Durant has his own company — K. Durant Enterprises LLC.
He complained in the lawsuit that the accountant made a number of mistakes on his company’s tax returns, such as deducting the cost of his personal chef as a business expense.
Must pay back taxes
Because of the mistakes, Durant and his company will have to file amended state and federal tax returns and pay back taxes, interest and possible penalties, the lawsuit stated.
Elliott’s attorneys had not filed a response yet to the accusations.
Both Durant’s attorney and Elliott’s attorney signed the stipulation for dismissal of action.
The lawsuit was filed with prejudice, meaning Durant cannot refile it in the future.