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Monday, November 26, 2012

Charlie Sheen Paid Lindsay Lohan $100,000 to Help Cover IRS Tax Debt

Lohan SheenTMZ:  Charlie Sheen Paid Lindsay Lohan $100K to Cover Tax Debt:

Don't ever say Charlie Sheen's not the charitable type -- because he recently cut Lindsay Lohan a $100,000 check to cover the actress' six-figure tax bill. ... [S]he and Charlie became close pals while on the set of "Scary Movie 5" back in September. ...

During their bonding period, we're told Lindsay and Charlie talked about everything -- and at one point, Lindsay mentioned her ongoing tax problems. We're told Charlie offered to cut her a check then and there to get the IRS off her tail, but Lindsay refused. Fast forward to last week -- sources close to Lindsay tell TMZ, Lindsay's biz manager received a check from Charlie for $100,000. We're told Lindsay was blown away by Charlie's generosity -- and immediately applied the money to her outstanding tax bill. TMZ broke the story ... Lindsay allegedly owed Uncle Sam $233,904 in unpaid taxes for 2009 and 2010 -- but thanks to Charlie, that number's nearly been cut in half.  

Sheen presumabky will be filing a gift tax return to report the transaction. (Hat Tip: Ann Murphy.)

Update: Forbes, Sorry Charlie: Sheen's $100K Taxes For Lindsay Lohan Itself Is Taxable, by Robert W. Wood

http://taxprof.typepad.com/taxprof_blog/2012/11/charlie-sheen.html

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Comments

Lindsay Lohan is the one "winning."

Posted by: Woody | Nov 26, 2012 11:20:30 AM