Saturday, April 27, 2024

Chris Tucker Agrees to $3M Settlement in Lawsuit with IRS

chris tucker
Chris Tucker/photo via Twitter

*Chris Tucker is reportedly set to pay over $3 million in back taxes to settle a lawsuit with the Internal Revenue Service. 

According to legal documents filed to the US District Court for the District of Nevada state, Tucker owes more than $9 million in taxes tax penalties, and interest from 2002, 2006, 2008, and 2010, USA Today reported. He previously entered several installment agreements to pay off his tax debt, and the IRS urged him to liquidate his assets, Vibe reports.

Tucker agreed to pay off the debt over a 10-year period but ultimately “neglected, refused, or failed to fully pay the assessments against him,” the 16-page lawsuit stated, per USA Today.

Tucker made monthly payments of $380,000 and paid consistently until he defaulted in 2019, Vibe reports. In 2014, the Atlanta native settled a $14 million tax bill from the IRS. A lien was placed on his various properties to settle the matter. According to Vibe, Tucker’s team attributed the lien to “poor accounting and business management.”

Tucker made millions from the “Rush Hour” movie franchise, with Vibe reporting that he earned “$3 million, $20 million, $25 million for Rush Hour 1, 2, and 3, respectively,” the outlet writes. Rapper/actor Ice Cube previously revealed that Tucker turned down $12M to reprise his famous Smokey character in “Friday.” 

Chris Tucker
Chris Tucker in ‘Friday’ / screenshot

Speaking with the FlixTalk podcast in 2021, Tucker explained why he didn’t want to sign on for two planned sequels for the hit comedy film.

“Back then, I gotta tell you, one of the reasons why I didn’t do the second one was because of the weed,” Tucker said. 

“Because I said, man, that movie became a phenomenon. I don’t want everybody smoking weed and I never really told people this because I kind of forgot about it, but it was one of the reasons why I didn’t do it. Because I said, ‘I don’t wanna represent everybody smoking weed,'” he revealed.

“And that’s one of the reasons why I said ‘Nah,’ ” he continued. “I didn’t wanna keep doing that character. It probably was good for me because it kept me moving to the next phase and next movies.”

READ MORE: Chris Tucker Reportedly Owes IRS $9M in Taxes

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