Val Kilmer Owes $500,000 in Taxes

Celebrity Body Jan. 2, 2011 AT 10:15AM
Val Kilmer Owes $500,000 in Taxes Credit: Theo Wargo/Wireimage

Where's a wingman when you need one?

Top Gun's Val Kilmer, 51, owes nearly $500,000 in federal taxes, the AP reported. A lien has also been placed on the Iceman's property including a New Mexico ranch he's trying to sell.

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The Internal Revenue Service filed the lien in Santa Fe for an assessment balance of $498,165 for 2008 income taxes.

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Kilmer, who has lived in New Mexico for two decades, put his 5,300-acre ranch up for sale for $33 million in 2009. He then reduced it to $23 million in October 2010 before lowering the price again to $18.5 million.

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