Santa Fe, NM 12/31/2010 6:41:30 AM
News / Law

Val Kilmer Hit With $500,000 Tax Lien By IRS

A List actor Val Kilmer has been hit by the IRS with a Federal Tax Lien assessed at $500,000. The Internal Revenue Service filed the lien last month in Santa Fe for an assessment balance of $498,165 for 2008 income taxes. The lien includes a ranch Kilmer currently has on the market.

Kilmer, the star of Batman and Top Gun, has lived in New Mexico for two decades and his 5,300-acre Pecos River Ranch is listed for sale at $18.5 million, which is down from $23 million in October. The ranch went on the market for $33 million in 2009.

It's not the first time the "Top Gun" star has had issues with taxes. The IRS filed a lien against him for $538,000 in 2009. He reportedly settled that debt earlier this year. Kilmer's publicist has failed to respond to requests for a comment.