Val Kilmer Val Kilmer

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.

Check out today's photo gallery

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.