Stephen Baldwin admits he failed to pay NY taxes

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Associated Press

Posted on March 29, 2013 at 10:04 AM

Updated Friday, Mar 29 at 2:04 PM

NEW CITY, N.Y. (AP) — Stephen Baldwin has admitted in court that he failed to pay New York state income taxes for three years.

The actor agreed Friday to pay $400,000 in back taxes, interest and penalties. The judge says $100,000 of that already has been paid.

Baldwin pleaded guilty to a charge of repeated failure to file income taxes.

The judge says that if Baldwin pays back the rest of the money within a year, the charge will be taken off his record. If not, he'll be sentenced to five year's probation.

Baldwin went to court between appearances on "All-Star Celebrity Apprentice." He's the youngest of the four acting Baldwin brothers.

He says he received bad advice from lawyers and accountants.

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