Monday, April 16, 2012
Lindsey Vonn Blames Husband for $1.7 Million Owed in Back Taxes

Lindsey Vonn Blames Husband for $1.7 Million Owed in Back Taxes

Lindsey Vonn, the champion skier, faces a $1.7 million tax lien from the IRS for failing to pay what she owed for the 2010 fiscal year. The Olympic gold medalist blames her estranged husband, Thomas Vonn, for the difficulties surrounding her finances.

"This is an important lesson for me," the skier wrote on her personal Facebook page, addressing the issue. "Not being in control of my finances and relying on someone else who you believed had your best interest at heart was a mistake and one I will not make twice."

Lindsey Vonn, however, maintained that she would pay all monies owed to the IRS, amounting to $1,105,437 in total. Now that she has become privy to the situation, the champion told the Detroit News in an email that steps had already been taken to fix the problem.

"This matter was only recently brought to my attention and I took immediate and eliverate steps to remedy the situation. I have made arrangements to pay in the full balance due," she said.

The tax lien, which was filed April 2 against both Lindsey and Thomas Vonn for all she earned in 2010. That year could have been one of her higher-earning years, as she won a gold medal in the winter Olympics- the first time ever for an American woman.

Vonn's dominance in skiing earned her sponsorships from various companies, like Red Bull, Under Armour, Procter and Gamble, and Rolex. The companies' endorsements contributed to what she owes in back taxes. Vonn assured the public that she has rectified the situation, though.

"I have done everything in my power to settle it immediately. The money owed was for the 2010 tax year, which was filed on time, and it has been paid in full," she posted on Facebook Sunday.

In the midst of various "personal challenges," Vonn is still dominating the competition in skiing. She won her first giant slalom and joined the all-event winners circle for the first time this year. In addition, she won her 50th World Cup victory in Garmisch, Germany in February, becoming the third most successful female World Cup racer of all time.



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