- Days left
during the photo call for the film ' Brooklyn's Finest ' at the 66th edition of the Venice Film Festival in Venice, Italy, Tuesday, Sept. 8, 2009. (AP Photo/Andrew Medichini)
Andrew Medichini, AP Actor Wesley Snipes attends the "Brooklyn's Finest" photocall during the 66th Venice Film Festival Sept. 8, 2009.
After serving more than two years in jail for tax evasion, actor Wesley Snipes was released earlier this week, though he will remain under house confinement until July 19.

Snipes, 50, began his three-year sentence on Dec. 9, 2010 in northern Pennsylvania after he was charged for failing to file his tax returns from 1999 to 2001. However, he was acquitted of felony fraud and filing false tax claims. According to TMZ, he was released on Tuesday. Snipes -- who is famous for his roles in the "Blade" trilogy, "Rising Sun," and "White Men Can't Jump," among other films -- owes the government $7 million, as reported by the New York Daily News. In June 2011, he appealed his sentence arguing that it was too harsh, but the Supreme Court refused to hear the appeal.

It is unclear where he will spend the remainder of his sentence. At the time of his arrest, he was living in a suburb of Orlando, Fla. Snipes has five children and is married to painter Nakyung "Nikki" Park.


GALLERY: Celebrity Tax Delinquents



Reuters contributed reporting to this article.

Increase your money and finance knowledge from home

Introduction to Retirement Funds

Target date funds help you maintain a long term portfolio.

View Course »

Getting out of debt

Everyone hates debt. Get out of it.

View Course »

TurboTax Articles

Are You Exempt From Health Care Coverage?

The Affordable Care Act, or Obamacare, is an individual mandate that requires all eligible Americans to have some form of basic health coverage by 2014. Those without insurance will receive a penalty when they file their tax returns ? that is, unless they have an exemption. TurboTax's Exemption Check can help you find out whether or not you qualify for an exemption.

Essential Tax Forms for the Affordable Care Act

The Affordable Care Act (ACA), also referred to as Obamacare, affects how millions of Americans will prepare their taxes in the new year. The law now includes penalties for all who haven?t obtained health insurance -- and those penalties are expected to be paid at tax time. The ACA also provides tax credits to help people pay for insurance, and you can claim those credits when you file your taxes. The Internal Revenue Service (IRS) has introduced a number of tax forms to accommodate the ACA.

Mortgage Refinance Tax Deductions

When refinancing a mortgage to get a lower interest rate or obtain more favorable loan terms, you're really just taking out a new loan and using the money to pay off your existing home loan. In general, the same tax deductions are available when you're refinancing a mortgage as when you're taking out a mortgage to buy a home.

How to Determine if You Have Minimum Essential Coverage (MEC)

The Affordable Care Act, also known as Obamacare, requires most Americans to have health insurance that meets a government standard known as "minimum essential coverage," or MEC. Whether your insurance qualifies as MEC depends not on the plan itself, but on how you obtained your coverage.

Rental Property Deductions You Can Take at Tax Time

Rental property often offers larger deductions and tax benefits than most investments. Many of these are overlooked by landlords at tax time. This can make a difference in making a profit or losing money on your real estate venture. If you own a rental property, the IRS allows you to deduct expenses you pay for the upkeep and maintenance of the property, conserving and managing the property, and other expenses deemed necessary and associated with property rental.

Add a Comment

*0 / 3000 Character Maximum

115 Comments

Filter by:
mhouseboat1

Wesley, Pay the 7 million you owe! Your butt needs to be put back in jail until you pay.
Big Jerk---

April 08 2013 at 4:57 PM Report abuse rate up rate down Reply
maloontransllc

How about they lock every congresman and senator up for wasting billions in taxes !!

April 07 2013 at 4:43 PM Report abuse rate up rate down Reply
Virginia

Please, this is not about being black. It is about paying your taxes - sooooo stop already playing the black card. I had to pay them along with many thousands of other people in our wonderful country. It is about doing the right thing no matter who you are.

April 07 2013 at 10:31 AM Report abuse +1 rate up rate down Reply
crujr2

Welcome back home Mr. Snipes, get you some good home lovin and lets get back on the big screen.

April 06 2013 at 6:03 PM Report abuse rate up rate down Reply
jadesounds

$7 million does sound extreme for 3 years of not paying taxes.

April 06 2013 at 5:30 PM Report abuse rate up rate down Reply
sadlerscuba

Wesley ... Glad Your Home Bro ... God Bless.

April 06 2013 at 5:23 PM Report abuse rate up rate down Reply
mlbj77

anywhere he spends it is better than prison...if he still has a multimillion dollar home I am sure it wont be that rought other than the fact he cant leave the comforts of home.....i like him as an actor, but if it happens to you and I...then it should also happen to the rich and famous

April 06 2013 at 4:52 PM Report abuse rate up rate down Reply
ElectricXebra5

If he was a White Wall Street Banker, He would not have spent any time behind bars!

April 06 2013 at 4:47 PM Report abuse rate up rate down Reply
1 reply to ElectricXebra5's comment
stannsac2

Whats your proof and your point?

April 06 2013 at 9:40 PM Report abuse +1 rate up rate down Reply
ck55407

WOW!! Where have I been. Didin't even know Wes was in prison. LOL and here I was, wondering why he hasn't made any movies lately. Welcome back WES :-)

April 06 2013 at 4:24 PM Report abuse +1 rate up rate down Reply
ravennightfall31

Nobody messed with him in the joint, that's for sure. First fool who tried some bum hugging had their ass kicked!

April 06 2013 at 4:19 PM Report abuse rate up rate down Reply