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- Danny Trejo has reportedly filed for bankruptcy to help deal with a $2 million tax bill. The ‘Desperado’ actor, 78, is said to be worth $16 million thanks to his appearances in at least 145 films, but is now said to be in the midst of re-organising his assets after he “mistakenly claimed deductions for years”.
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Jul 8, 2023 · Actor and entrepreneur Danny Trejo has filed for Chapter 11 bankruptcy and owes more than $2 million in back taxes to the IRS, according to legal documents obtained by Eyewitness News.
Nov 20, 2023 · Actor Danny Trejo won court approval for a bankruptcy plan that calls on him to sell one of his two Los Angeles homes to help pay off roughly $3 million in tax debts. Trejo owes about $2.4 million to the Internal Revenue Service dating back to 2014 and about $650,000 to California’s Franchise Tax Board dating back to 2016, according to ...
- jnani@bloombergindustry.com
- Reporter
In February, Trejo filed for Chapter 11 bankruptcy, listing $2.2 million in assets and $3.6 million in liabilities. The majority of his debt was attributed to back taxes owed to...
Jun 6, 2023 · According to Daily Mail, Trejo filed for Chapter 11 bankruptcy. This type of bankruptcy is often used by businesses to reorganize their debts and continue operating. In Trejo's case, it is unclear whether he filed as an individual or as a business entity.
Mar 24, 2023 · Reporter. Trejo says he owes $2.4 million to IRS, $650,000 to California. ‘Desperado’ actor filed for Chapter 11 protection in February. Bankrupt actor Danny Trejo told a federal court that he’s working with the Internal Revenue Service and a California taxing authority on a plan to pay back roughly $3 million in taxes they say he owes.
- jnani@bloombergindustry.com
- Reporter
Aug 1, 2023 · James Nani. Reporter. Trejo says WGA, SAG-AFTRA strikes have led to his wage losses. Actor owes $2.4 million to IRS, $650,000 to California. Actor Danny Trejo told a bankruptcy court that he needs to sell off one of his two Los Angeles homes to help pay off roughly $3 million in tax debts, blaming ongoing Hollywood strikes for his wage losses.
