Val Kilmer Owes $500K in Back Taxes, IRS Says
The Internal Revenue Service has placed a lien on Val Kilmer's property as the result of nearly $500,000 he owes in federal taxes, according to The Associated Press.
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The lien was filed last month on the Batman Forever star's Santa Fe, N.M. property, which includes the 5,300-acre Pecos River Ranch he is trying to sell for $18.5 million. Kilmer, who has lived in New Mexico for two decades, originally put the ranch on the market for $33 million in 2009.
The IRS says Kilmer, who also starred in Top Gun, Tombstone and The Doors, owes $498,165 for his 2008 income taxes.
Fellow actor Wesley Snipes began a three-year prison sentence earlier this month for federal tax evasion.