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Nic Cage

$6 Million Down

$6 Million to Go

4/4/2012 6:00 AM PDT BY TMZ STAFF
EXCLUSIVE

0403_nicolas_cage_tax_ex
Nic Cage is half-way back to solvency ... TMZ has learned the actor just took a $6 MILLION chunk out of his MASSIVE tax bill to the federal government.

According to official documents obtained by TMZ ... Cage paid off the $6,257,005 he failed to pay in federal income tax for 2007. 

It's a huge step ... considering Cage fell around $13 million behind in taxes for 2002, 2003, 2004 and 2007. Cage blamed his former business manager for driving him to what he called "financial ruin."

As we previously reported, Cage has been slowly chipping away at the debts from 2002 --2004 ... and if he just knocks out a few more "Ghost Rider" movies, he should be even-steven in no time.

37 COMMENTS

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1.

My Big Salami    

He must've went to H&R BLOCK?....They are dip S_ HITZ

846 days ago
2.

alex    

This is his 'debt movies' era of his career. And the quality of them shows!

846 days ago
3.

coco    

He should go to conventions and sign stuff. He could get like $6.00 per autograph. Sign a million things and he is free & clear.

846 days ago
4.

LittleJoe    

Maybe Nic should urinate fire on his bills...as well as on Ghostrider 2. Ghostrider one was a flat simple movie but fun. Ghostrider 2 just is crap, cause of these wrong directors and a much worse script.

846 days ago
5.

CriticAl    

He should knock out some more "National Treasure" movies. I like those better.

846 days ago
6.

Wow    

Can anyone explain why he didn't get sent to jail like Wesley Snipes and Ja Rule? Neither of them had even half as much in back taxes!

846 days ago
7.

Gretel    

I think everybody appreciates nice pearly white teeth but why do people need neon white teeth Nic?

846 days ago
8.

JOHN     

NIC, IS ONE OF THE BEST ACTORS, OF HIS GENERATION. A NATURAL TALENT, WITH GREAT DEPTH. WHAT HE LACKS, IN MONEY MANAGEMENT , WILL AND CAN BE RECTIFIED , BY HIS TALENT AND TORQUE! STRAIGHTEN UP THE BOOKS NIC, ONCE AND FOR ALL. BEST REGARDS. JOHN TORONTO CANADA

846 days ago
9.

TJ    

Poor, filthy rich, celebrities-I feel so sorry for them~ a fool and his money are soon parted.

846 days ago
10.

YouDontSay    

Got to respect that!

846 days ago
11.

There's a problem here    

Do these people who have/had a lot of money have money managers and CPAs overseeing their fortune? I mean, who the heck did this guy's taxes?

846 days ago
12.

Manimal    

I would just give them 25 dollars a month for the next 400 years.

846 days ago
13.

nancy williams    

Does he know there are people who can reduce your irs bill if you owe mote than $10,000?Seriously Nic call them.I have always felt Cage is alittle bi-polar.Has huge ups and downs.

846 days ago
14.

Sonja    

I love Nicolas Cage.. sure he's a bit kooky but that's what makes him entertaining. He messed up and he's not paying what he owes...how is that a bad thing?

846 days ago
15.

TMZ_Admin    

In Soviet Russia, Nic Cage get National Treasure. In America, National Treasury get Nic Cage.

846 days ago
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