Taylor Swift's previous reported earnings of $1 million per day were inaccurately calculated.

The 25-year-old singer was said to be on track to make a whopping $365 million this year, but this rumor has been debunked, according to Forbes.

The U.K. tabloid the Sunday Express recently released an article claiming, "Taylor Swift makes one million dollars, every day" The sources provided for this information were unnamed "U.S. financial experts who examined her portfolio."

Her high salary was said to have been accrued from the sales of her hit songs from her most recent "1989" album and her many lucrative endorsement deals, which include her three fragrances with Elizabeth Arden and her deals with Diet Coke and Keds footwear.

As with most Swift news, the headline spread fast without other outlets looking for reputable sources in order to prove these numbers true. Soon the Daily Mail, MSN and Business Insider were all repeating the singer's salary as real in their own articles.

The "Shake It Off" singer, instead of making $365 million this year, will make somewhere around one third of that amount, which is still a fairly high number.

Swift is currently on her 1989 world tour, in which she's earning about $4 million per concert. By the end of the tour, which started in May and ends in December, she will have performed in North America, Asia, Europe and Oceania on the 85-date trek.

The singer released her successful fifth studio album, "1989," on Oct. 27, 2014. So far the album has produced the popular singles "Shake It Off," "Blank Space," "Style," "Bad Blood" and "Wildest Dreams." The album sold 1.287 million units in its first week, while debuting at No. 1 on several charts globally.

In this year's edition of Forbes' Celeb 100 list, Swift was reported to have earned $80 million.