Chris Tucker Owes $11 Million in Taxes, Faces Foreclosure

 

So legendary loudmouth Chris Tucker has been cracking jokes about his $11.5 million debt to the IRS. “That’s the last time I let Wesley Snipes help me out with my taxes.”  Joked Tucker at a recent stand-up show in Miami. In case you don’t recall, Wesley Snipes is serving a three-year prison term for tax evasion.

 Chris Tucker, best known for starring opposite Jackie Chan in the Rush Hour trilogy is facing an $11.5 million lien on his Florida mansion by the Internal Revenue Service for unpaid taxes.  His bank has also filed papers stating that he owes $4.4 million on his home, which he picked up for $6 million in 2007, when he was still enjoying his success from Rush Hour 3.  His waterfront mansion is found in the upscale Bella Collina neighbourhood on the shore of Lake Apopka, with records showing a whopping $25,812.50 mortgage payment.

 The Internal Revenue Service filed documents with the L.A. County Recorder's Office yesterday, which show Tucker owes $11,571,909.26 in federal taxes for the years 2001, 2002 and 2004 through 2006.

Here's how it all breaks down:

2001 -- $4,007,794.34
2002 -- $5,060,074.23
2004 -- $55,544.84
2005 -- $660,414.94
2006 -- $1,788,080.91

But this isn't Tucker's first issue with taxes -- as we previously reported, the State of California filed a lien against Tucker for allegedly not paying $3,594,409 in state taxes over the same time span.

FYI -- Back in 2001, Tucker reportedly took in a $20 million payday for "Rush Hour 2" and scored $25 million for "Rush Hour 3" ... which hit theaters in 2007.

Chris Tucker’s mansion covers 10,000 square feet and includes five bedrooms and 3 fireplaces. The master suite has a personal spa and the backyard has an outdoor kitchen overlooking his pool. A interesting feature is the basement, which is pirate-themed, complete with a wooden deck, ship’s mast and sail.

 The Bella Collina neighbourhood, Italian of “Beautiful Hill”, had original plans were to develop 800 lots out of a 1,900 acre area. Only about 40 ending up with houses on them, out of 700 lots sold between 2004-2007 (when Tucker bought his). This has helped add insult to injury, as the $6 million house he still owes $4.4 million on, has recently been assessed for only $1.6 million… Hopefully, for Tucker’s sake (not ours), that the rumors of him and Jackie Chan returning for Rush Hour 4 in 2012 are true, to keep him off the streets and out of jail. Until this matter is resolved, Celebrity Net Worth is going to add him to the short list of celebs with a negative net worth.

Chris Tucker Net Worth

How much does Chris Tucker make?

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Chris Tucker was born in Georgia and has an estimated negative net worth of 11.5 million dollars, due to recent financial and tax issues. A comedian and actor, Chris Tucker first became known as a performer on “Def Comedy Jam”. His acting career began to take off in the mid-to-late 90’s with roles in “House Party 3”, “Friday”, and “The Fifth Element”. He went on to co-star in the hit “Rush Hour” trilogy with Jackie Chan, with a forth movie rumored in the works.

Chris Tucker has also fallen on hard times and faces foreclosure on his $6 million Florida mansion and owes the IRS $11 million in taxes.

Chris Tucker Net Worth