Home / Arts and Entertainment / Tori Spelling & Dean McDermott: Easy Divorce, Huge Tax Bill
Tori Spelling & Dean McDermott: Easy Divorce, Huge Tax Bill
8 Dec
Summary
- Spelling and McDermott finalize divorce with amicable co-parenting.
- Couple faces over $1.7 million in unpaid federal and state taxes.
- Despite debt, they maintain loving family dinners for their children.
Tori Spelling and Dean McDermott are nearing the end of their divorce proceedings, having navigated the process with a notably amicable approach to co-parenting. Spelling shared that they continue to share family dinners and maintain a loving dynamic for their five children, defying predictions of a messy celebrity split. This positive co-parenting dynamic stands in stark contrast to the substantial financial burdens the couple is facing as they finalize their separation.
Newly disclosed court documents illuminate the extent of their financial liabilities, revealing over $1.7 million in combined unpaid federal and state taxes. The couple owes approximately $1.2 million to the IRS and more than $500,000 to the California Franchise Tax Board, with debts split equally. Additional outstanding debts include a $37,000 American Express collection and remaining balances to City National Bank.
