The celebrity photographer who came under fire for Miley Cyrus' provocative U.S. magazine shoot in May has denied claims she is over $715,000 (GBP386,486) in debt.

Annie Leibovitz's impressive photographic portfolio - including iconic shots of Demi Moore, John Lennon and Brooke Shields for Rolling Stone magazine - has earned her a reported $2 million (GBP1.08million) annually.

However, according to court records, Leibovitz' debt stemmed from failing on tax payments, equipment rental fees, renovations to her Manhattan apartment in addition to an aborted book project.

But the 58-year-old photographer denies her bills remain outstanding.

A spokesperson for Vanity Fair magazine tells the New York Post on behalf of the photographer: "To the best of my knowledge all of these (debts) have been resolved."