Famous actress lands in hot water over money owed to the IRS. The official total of what is owed is at $1,182,760 and this doesn’t even include the amount she owes for her credit card debt.
Credit card company American Express ordered Spelling to pay $88,000 in debt earlier this year, but they’re not the only ones looking for money from Spelling. She also has an ongoing case with City National Bank for failing to pay a $400,000 loan.
City National Bank took the Spellings to court and was awarded $202,066 in 2017 but later claimed that they were never paid and issued a bench warrant after she failed to appear in court. The warrant was dropped in April upon the agreement to provide documents during a meeting with lawyers and both cases remain ongoing.
Looking at her social media, everything seems fine with Spelling though her last source of income fell through. Spelling recently got a role on the re-boot of “Beverly Hills 90210” but the show was canceled after the first season. Spelling was reported to make $70,000 per episode with an additional $15,000 per episode for co-creating the show.
On April 17, 2018 Spelling filed a state tax lien for $31,775 and is still unpaid. Reports showed that the IRS drained her and her husband’s, Dean McDermott, bank accounts of $707,487 for a federal tax lien, but the clerk confirmed that the lien remains unsatisfied. She also filed a federal tax lien on May 18, 2017, of $184,390 that hasn’t been released.
Spelling planned on doing a talk show tour with “BH90210” co-star, Jennie Garth, but so far low ticket sales have resulted in show cancellations. One of the tour dates for the Santander Performing Arts Center in Reading, Pennsylvania on Nov. 21 was canceled because “tickets didn’t sell very well,” according to a close source.
This is show is the fifth tour date canceled thus far including MGM Northfield Park in Ohio on November 14, NYCB Theatre at Westbury in New York on Nov. 19 – which sold less than half the quantity of the available tickets. There are more tour dates planned, but ticket sales will be a huge factor in determining other canceled tour dates.
Though it hasn’t been determined how much Spelling should be making, it’s not looking good with all the canceled dates and low ticket sales.