Paul L. Caron
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Monday, December 21, 2009

IRS Files $8.15 million in Tax Liens Against Sinbad

Sinbad The IRS has filed $8.15 million in tax liens against comedian/actor Sinbad (David Adkins) and is seeking to force the sale of his house to partially satisfy the tax debt.  From the Detroit News:

On Dec. 11, the day after the government filed the case, Sinbad filed Chapter 7 bankruptcy in California, listing between $10 million and $50 million in liabilities and less than $50,000 in assets.

The IRS claims Sinbad filed federal income tax returns for years 1998 through 2006 but failed to pay the reported taxes.

Here's a breakdown of his IRS debt:

  • 1998: $2,358,563
  • 1999: $1,136,002
  • 2000: $1,170,451
  • 2001: $953,758
  • 2002: $626,045
  • 2003: $542,942
  • 2004: $612,367
  • 2005: $157,934
  • 2006: $599,663

https://taxprof.typepad.com/taxprof_blog/2009/12/irs-files-.html

Celebrity Tax Lore, IRS News, Tax | Permalink

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