Rapper Fat Joe is opening up for the first time about facing jail time for tax evasion, after he plead guilty to owing Uncle Sam back in December 2012.

The Bronx rapper recently sat down with MTV's "Rapflix Live" to talk about his side of what really happened while blaming his financial team for making the mistakes.

Here's what he had to say:

"I can't really explain that because I got a real court case going on, like facing jail time. But I guess after June 24. Hopefully it goes well."

Ultimately, Joe took responsibility for having to pay the money back but didn't take the blame for not paying his taxes on time:

"At the end of the day, I'm paying all the money back that's owed-- actually I have and I'm a just go like a man."

But you gotta understand we hire guys who supposed to have Harvard degrees to take care of us."

The rapper then further explained:

"All the time you see artists, the first thing they do to you when you caught money was introduce you to a bunch of fancy guys with bow ties who are gonna take care of your money and all that and then you always see an artist or a celebrity or somebody like that going down for it and these guys never go down for it."

Plus, Joe faces up to two years behind bars for failing to pay income taxes stemming from 2007 and 2008, totaling $700K.