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Nic Cage to IRS: It's Time for a Little Payback!

12/12/2010 11:30 AM PST BY TMZ STAFF

Nic Cage is slowly climbing his way out of that MASSIVE debt he owes to Uncle Sam -- TMZ has learned the actor has PAID OFF $360,545 in back taxes he racked up from 2002 to 2004.

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As we previously reported, Cage owed roughly $14 million to the government for unpaid taxes and fees for the years 2002, 2003, 2004 and 2007. Cage had blamed his former business manager for driving to "financial ruin."

But now, TMZ has obtained documents showing Cage has officially knocked out a small payment -- getting one teeny, tiny, itsy-bitsy baby step closer to being even-steven with the IRS.

Hey, it's a start!

46 COMMENTS

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1.

NDNchief    

Nic you're a great actor. Sadds that u had to sell your comic book collection :(

1326 days ago
2.

Cartman    

Nic never tried to dodge his taxes like old Snipes did.

He sucks in any case, comes from a long line of money and wouldn't be an actor and making the bank if he wasn't connected.

1326 days ago
3.

who dat    

That payment will cover about 40 days of the interest penalty charges.

1326 days ago
4.

Laurie    

Yeah, why didn't he go to jail like Wesley?

1326 days ago
5.

mrspatrickcampbell    

Cage is a truly annoying homosexual.

Are there any nude photos?

1326 days ago
6.

casting couch    

@ #8 -- Because Snipes filed false tax returns... While Nic's approx. $42,000,000 "treasure" he raked in during those tax years was mishandled by his business manager.

Don't these celebs have balance statements they check themselves each year? Pretty dumb to completely trust your finances to somebody else.

1326 days ago
7.

joe    

big deal thats his bar bill

1326 days ago
8.

Zippy T. Pinhead    

Black man goes to jail, white man pays a little here and there and stays free! Yeah, that sounds about right.

1326 days ago
9.

Ginger    

I find it hard to believe he's short of money. He's made like 1000 movies. What does he do with all the money. To above poster, as long as he's paying it back, he won't have to go to trial. It's the ones who don't take it seriously that end up in prison.

1326 days ago
10.

lowens1975    

At least there was no jail time. I wonder why Wesley Snipes got time was he refusing to pay it back?

1326 days ago
11.

yessir    

WTF? Why is the government so inconsistent? Wesley snipes gets three years in jail and white Nicolas Cage gets nothing!

1326 days ago
12.

Ernie    

I'll give this to "Big Nic" he is willing to pay back his back taxes including all intrested and penalty, not like Wesley I don't pay taxes Snipes who is now at enjoying his stay at "Club Fed". There are buisness managers who use celebrity money for their own personal use and not tell them. It's alwasy good to have a second C.P.A. to keep the business manager in line. Big Nic didn't do this because the trusted his business manager (when it comes to money don't trust anyone). So now Big Nic is on the "Arm" to the IRS. Knowing who Big Nic is he'll pay the IRS off. Oh ome more thing after you pay off the IRS they become your best "Creditor"

1326 days ago
13.

rar    

Why the hell are someone's personal financial do***ents any of our business - or yours?

1326 days ago
14.

yessir    

"At least there was no jail time. I wonder why Wesley Snipes got time was he refusing to pay it back?"

Wesley Snipes paid the government back in full. We all no why Wesley got jail and Nicolas Cage gets nothing despite failing to pay taxes for many more years than Snipes.

1326 days ago
15.

rar    

What's with all the spam here now?

1326 days ago
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