Home / Arts and Entertainment / Spelling & McDermott Owe Millions in Back Taxes
Spelling & McDermott Owe Millions in Back Taxes
24 Nov
Summary
- Tori Spelling and Dean McDermott owe over $1.7 million in unpaid taxes.
- Combined federal and state tax debts total over $1.7 million.
- The couple also faces significant credit card and loan debts.
Newly revealed court documents indicate that actress Tori Spelling and her ex-husband, Dean McDermott, collectively owe over $1.7 million in unpaid federal and state taxes. The majority of this debt, approximately $1.2 million, is owed to the IRS, with the remaining $500,000-plus due to the California Franchise Tax Board. These financial obligations will be split evenly between the former couple.
Beyond tax liabilities, the court filings also detail other outstanding debts. Together, Spelling and McDermott are responsible for settling around $37,000 for an American Express account and an unpaid balance to City National Bank, stemming from a 2016 lawsuit. Individually, Tori Spelling has additional debts including $288,000 to a private party and other smaller sums, while Dean McDermott must cover a student loan and his own medical bills.
These disclosures provide a clear view of the financial complexities surrounding their long-drawn divorce. The situation comes after McDermott publicly discussed his past struggles with addiction and the pain he inflicted, which contributed to their separation after 18 years of marriage. Spelling's recent living situation, temporarily residing in an RV park with their five children, further underscores the stark financial realities they are navigating.
