He'll be back: Arnold Schwarzenegger owes the IRS

Updated

California Governor Arnold Schwarzenegger owes $79,064.00 in back taxes, according to a federal tax lien filed by the IRS in LA County Superior Court.

The IRS documents show that the actor turned governor owes $39,047 from 2004 and $40,016 in 2005. This seems more likely to be a fluke/oversight than anything more dire. It isn't a lot of money for someone like Schwarzenegger and even if he didn't have the cash, his wife Maria Shriver certainly would.


In another recent case of California's first family embarrassing itself, Maria Shriver has been caught running afoul of the state's traffic laws a few times: failing to feed parking meters, talking on a cell phone while driving, driving without a seatbelt, and Arnold himself was recently caught parking in a no-parking zone.

Still, I suppose there's an outside chance that Schwarzenegger really does have financial woes, and really can't afford to pay $79,000-plus in taxes. If that's the case, Schwarzenegger may have to make a return for the next installment of the Terminator franchise.

Originally published
Your resource on tax filing
Tax season is here! Check out the Tax Center on AOL Finance for all the tips and tools you need to maximize your return.
Can You Claim Gambling Losses on Your Taxes?
Gambling losses are indeed tax deductible, but only to the extent of your winnings. Find out more about reporting gambling losses on your tax return.
Read MoreBrought to you byTurboTax.com
The Ins and Outs of the Child and Dependent Care Tax Credit
If you are paying someone to take care of your children or another person in your household while you work, you might be eligible for the child and dependent care credit. This credit "gives back" a portion of the money you spend on care, and can reduce your tax bill by hundreds or even thousands of dollars.
Read MoreBrought to you byTurboTax.com
Why is My Tax Refund Not What I Expected?
There are a few reasons why the amount of your IRS refund may be different than what you’re expecting.
Read MoreBrought to you byTurboTax.com
Federal Tax Credit for Residential Solar Energy
The Residential Clean Energy Credit for solar energy upgrades to your home has been extended through 2034 and expanded in value.
Read MoreBrought to you byTurboTax.com