Kilmer owes $500K to IRS

Posted: Friday, December 31, 2010 9:05 pm

SANTA FE, N.M. (AP) — Val Kilmer owes nearly $500,000 in federal taxes, and a lien has been placed on the “Batman Forever” actor’s property, including a New Mexico ranch he’s trying to sell.
The Internal Revenue Service filed the lien last month in Santa Fe for an assessment balance of $498,165 for 2008 income taxes.
Kilmer has lived in New Mexico for two decades. He put his 5,300-acre Pecos River Ranch on the market for $33 million in 2009.
The ranch is now listed for sale at $18.5 million, down from $23 million in October.
Kilmer and his agent did not respond to telephone calls and e-mail on Thursday seeking comment.
Kilmer also starred in movies including “Top Gun.”

Published in The Messenger 12.31.10