Tori Spelling and Dean McDermott owe more than $1.7 million in unpaid federal and state taxes.
The staggering amount was revealed in the final judgment filed in their divorce. The former couple owe $1.2 million to the IRS, according to court docs obtained by Fox News Digital. They also owe more than $500,000 in unpaid taxes to the California Franchise Tax Board.
Spelling and McDermott will each be responsible for a minimum of $600,000 of the IRS debt, and their unpaid taxes to the California Franchise Tax Board will be split evenly.
Tori Spelling and Dean McDermott owe more than $1.7 million in unpaid federal and state taxes, according to court docs obtained by Fox News Digital. GC Images
The former couple owes $1.2 million to the IRS and more than $500,000 in unpaid taxes to the California Franchise Tax Board, a final judgment filed on their divorce revealed. Getty Images
Aside from their unpaid taxes, the two also owe $37,000 to American Express and still have a balance with City National Bank for not paying off a six-figure loan from over a decade ago that ballooned to almost $400,000.
More debt includes the “Beverly Hills, 90210” alum owing $288,000 to a private individual, $69,000 to another unidentified individual and $10,228 in uninsured medical expenses, according to the outlet.
McDermott owes $22,000 from a student loan and $20,609 in his own uninsured medical bills, the court docs also reveal.
Reps for Spelling and McDermott didn’t immediately respond to Page Six’s request for comment.
Spelling and McDermott will each be responsible for a minimum of $600,000 of the IRS debt, and their unpaid taxes to the California Franchise Tax Board will be split evenly. GC Images
The two also owe a substantial amount of personal debt aside from their unpaid taxes. Getty Images
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Spelling’s surprising monthly income was previously revealed in a court filing.
In an income and expense report filed on Sept. 5 in Los Angeles Superior Court obtained by Page Six, McDermott claimed that Spelling’s monthly income varies between $3,000-$75,000, “depending on the job.”
As for his own earnings, McDermott claimed he earns $3,800 per month and noted that his financial situation changed significantly over the past year “due to the SAG/AFTRA strikes and change in the industry.”
“My acting and producing work has decreased drastically,” he stated.
Spelling and McDermott announced their split in June 2023 after 17 years of marriage. torispelling/instagram
The exes, who share five children together, finalized their divorce earlier this month. FilmMagic
McDermott, 59, and Spelling, 52, announced their separation in June 2023 after 17 years of marriage. She filed for divorce nine months later.
Their divorce was finalized earlier this month. Spelling filed court docs revealing she and McDermott came to an agreement about support and the division of their assets as well as custody of their children, Us Weekly reported.
The exes share five children: son Liam, 18, daughter Stella, 17, daughter Hattie, 14, son Finn, 13, and son Beau, 8. McDermott is also a dad to son Jack, 27, whom he shares with Mary Jo Eustace.