Send Feedback

sinbad

Milk carton status mainstay Sinbad is in a little bit of trouble with the Internal Revenue Service.

How much trouble?

$8.15 million in trouble, according to the Detroit News.

The US Attorney General wants the comedian’s house sold to help satisfy the debt.

On December 10th, an assistant US Attorney asked a federal judge to foreclose on tax liens and determine that Sinbad is the true owner of a $1.5 million home in Hidden Hills, CA.  The home is currently in the name of Sinbad’s brother, but all mortgage and property tax payments have been made through Sinbad’s company or from his own bank account.

Nas Owes $2.5 Million In Taxes

The next day, December 11th, Sinbad filed for Chapter 7 bankruptcy in California claiming between $10 and $50 million in liabilities and less than $50,000 in assets.

The IRS says that Sinbad filed his federal tax returns for the years 1998 through 2006, but failed to pay.

Share with Friends!
  • BlackPlanet
  • Twitter
  • Facebook
  • email
Tags: ,

DAILY LINKS

 
  • http://www.blackplanet.com/ambitious_balla/ ambitious_balla

    Wow. Less than $50,000 in assets? What are these celebs doing with their money?

  • http://www.blackplanet.com/beeutea/ beeutea

    Taxes..hate em…the government don’t give a damn if ur homeless or not..as long as they get their money..but damn Sinbad…8.15 million in taxes….

  • http://www.blackplanet.com/jazzwatch/ jazzwatch

    OMG!!!!! Who does he hang around with???? Like Sinbad, but he’s around P-A-R-A-S-I-T-E-S…OMG!!!! That’s more than Sammy Davis Jr and Redd Foxx SMH Needs to tell a lot of jokes to dig himself out of this big hole…….

  • http://www.blackplanet.com/jazzwatch/ jazzwatch

    Redd Foxx was the FUNNIEST ever on TV; nobody can hang with him, not Seinfeld, Lucy or Bob Hope; Richard is The greatest standup ever and have me (and you) LMAO and is underrated as an actor (Blue Collar, Some Kind Of Hero); Cosby is fine; Eddie was best in his earlier work: Steve isn’t all that funy, but Martin is O.K. as an actor; Liked D.L’s sitcom with that H-O-T-T-I-E wife Elise Neal; Eddie Griffin liked him in Dead Man’s Presdients; Charley proved himself a good actor and I have condolences for his wife and family; DAG is FUNNY; Dave IS o.k.; Tracey isn’t funny, but don’t know nothing sbout Talent; Cedric,Wanda and Bernie Mac (he rolls his eyes too much) are O.K.; Neither Chrises are funny to me; Jamie can do no wrong to me-he can do it all: don’t know about felon Katt; Tommy is funny; don’tknow 24, but Joe was good in Poetic Justice; is guy his bro?; don’t know of 28, but the Waynes are great (love that homey and Kim must had a bust job or is naturally grown some, but I thought she was a H-O-T-T-I-E on In The House); Don’t know 31;Monique should get the best actress oscar in Prescious; 25, 40, 41 and 42 doesn’t ring a bell, but 41 is a H-O-T-T-I-E….

  • http://www.blackplanet.com/CrEaMeH/ CrEaMeH

    to answer your question ambitious_balla lol all they do with it iiisssssssssssss(is) “Party and Bullshyt, Party and Bullshyt” lmao…

  • http://www.blackplanet.com/Nightowl358/ Nightowl358

    Some of these celebrities need to become smarter with their money. What the hell was he doing that took him from having millions of dollars to having less than 50K in assets?

  • http://www.blackplanet.com/Sub-Negro/ Sub-Negro

    Damn my nigga they gonna get yo ass.

  • http://www.blackplanet.com/3iiiE/ 3iiiE

    why is it that a majority of starz go through this dilemma…or is sum.one behind this that stealz from the starz such as sinbad?

  • http://www.blackplanet.com/diva61811/ diva61811

    I can’t believe he owes that much in back taxes. What has he been doing with his money well we know what he hasn’t been doing and that is paying his taxes. It is sad to hear stories such as this because it seems as if these celebrities are not keeping a close eye on their money and sometimes they leave it in the hands of someone else to take care of and all they end u doing is stealing their money. You have to have some business knowledge when it comes to your money and just because you have money doesn’t mean go out and spend it on things you don’t need or in the end will cost you more money than you really have. If you own homes you have to pay taxes so why not just have one. I don’t understand how these things continue to happen learn from those celebrities before you and get all the knowledge you cen get about your finances. Ignorance is no excuse.

  • http://www.blackplanet.com/rocksand/ rocksand

    WHERE IS THE KAT DADDY BRUCE BRUCE ON YAWLS LIST????

  • http://ticketfront.com/blog/2009/12/sinbad-owes-8-15-million-in-taxes-the-urban-daily/ Sinbad Owes $8.15 Million In Taxes | The Urban Daily | Concert Tickets , Sports Tickets , Theatre Tickets

    [...] The rest is here: Sinbad Owes $8.15 Million In Taxes | The Urban Daily [...]

  • http://hotspotatl.com/national/atlantashottesthiphop/sinbad-to-star-in-new-reality-tv-series/ Sinbad To Star In New Reality TV Series | HotSpotATL – Hot 107.9 Atlanta's Home for the Hip-Hop Community

    [...] RELATED: Sinbad Owes $8.15 Million In Taxes [...]

  • http://foxy955stl.com/way-black-when/way-black-when-entertainment/foxy955/sinbad-to-star-in-new-reality-tv-series/ Sinbad To Star In New Reality TV Series | Foxy955STL

    [...] RELATED: Sinbad Owes $8.15 Million In Taxes [...]

blog comments powered by Disqus
?>