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Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →Tori Spelling and Dean McDermott’s reported $1.7 million joint debt refers to back taxes—not every debt associated with the former couple. Us Weekly reported that their settlement said they would work together to pay the tax debt; Fox Business separately described more than $1.2 million owed to the IRS and more than $500,000 to California’s Franchise Tax Board, with those liabilities to be shared evenly. Fox Business reported that a court entered the divorce judgment on November 13, 2025.
What the reported $1.7 million covers
Us Weekly’s account of the settlement described $1.7 million in back taxes. Fox Business’s account of the final judgment broke the tax liabilities into two categories. These are outlet-reported figures from documents the outlets said they obtained; the complete court judgment and underlying balances are not independently verified here.
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| Reported liability | Amount reported | Reported responsibility | Source |
|---|---|---|---|
| Federal income taxes | More than $1.2 million owed to the IRS | Fox Business reported that the debt would be shared evenly, with each responsible for at least $600,000. | Fox Business, 2025 |
| California state taxes | More than $500,000 owed to the California Franchise Tax Board | Fox Business reported that this liability would also be split evenly. | Fox Business, 2025 |
| Back taxes, described together | $1.7 million | Us Weekly reported that the settlement said the two would work on paying it together. | Us Weekly, 2025 |
The figures are reported amounts in coverage of the settlement and judgment, not a verified current balance. An agreement to share responsibility does not establish that the tax authorities were paid, that the debt was discharged, or that the amount remains unchanged.
Why $1.7 million is not their total reported debt
Separate reporting identified a City National Bank judgment and other obligations. Those items should not be added to the tax figure as if they were one confirmed, current total: the outlets describe different liabilities and, in some cases, phrase them differently.
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- City National Bank: Us Weekly reported a balance of $395,729.82 with accrued interest in a June 2025 account of the bank’s recent filing. The outlet traced the dispute to a loan and a 2017 judgment.
- Other reported accounts and loans: Fox Business reported approximately $37,000 on an American Express collection account, $288,000 owed to a private individual, and $69,000 to another unidentified individual. Us Weekly described a $288,000 loan to a third party and another $70,000 loan, and reported that Spelling would not hold McDermott accountable for those loans.
- Medical and personal obligations: Fox Business reported $10,228 in uninsured medical expenses for Spelling, and $22,000 in student loans and $20,609 in uninsured medical bills for McDermott. Us Weekly’s settlement account described Spelling covering $10,000 in medical bills and her credit cards, McDermott covering $20,000 in medical bills and his credit cards, and the pair splitting an American Express bill and half of the City National balance.
These descriptions do not establish a definitive grand total. They are reported terms and balances, not proof of what either person owes now.
When the divorce was finalized
The settlement filing, public comments and final judgment happened on different dates. Fox Business reported that the court entered the final judgment on November 13, 2025, making the pair legally single. Us Weekly reported that the settlement agreement was filed November 3. It also reported that Spelling discussed the divorce on her podcast on November 10. AOL, republishing RadarOnline reporting on January 3, 2026, later quoted Spelling describing herself as officially divorced; that later comment is not the court judgment date.
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The divorce had been filed earlier. The Associated Press reported on March 29, 2024, that Spelling filed in Los Angeles Superior Court, citing irreconcilable differences. The petition then sought sole physical and joint legal custody, as well as spousal support. Reports also differ on the couple’s separation date: Us Weekly’s settlement story gave June 17, 2023, while its November 4, 2025, story said McDermott’s response gave July 7, 2023. The accounts do not establish one settled date.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What coverage says the settlement provided
Us Weekly reported that the agreement provided for shared custody and no child or spousal support. Fox Business described joint legal custody and reported that each parent would cover expenses during their own care time, while healthcare and extracurricular costs would be split. The reporting also describes how the parties divided property, income interests and individual bills; the tax-sharing terms are only one part of the settlement.
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According to Us Weekly, Spelling retained her accounts, entertainment companies, furniture in her possession, certain vehicles, her interest in a SAG-Producers pension, Beverly Hills, 90210 residuals, solo books, podcast revenue and specified project interests. The outlet reported that McDermott retained three named vehicles. The available accounts do not establish that the divorce settlement itself resolved or paid the tax and bank liabilities.
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How to read the reported figures
- Use “$1.7 million in reported back taxes” for the headline figure; do not describe it as all of the couple’s debt.
- Keep the IRS and California tax figures separate from the City National Bank judgment and other reported personal obligations.
- Treat the amounts as historical figures reported in 2025 coverage of documents, not verified balances as of 2026.
- Distinguish the November 3 reported settlement filing from the November 13 reported judgment date.
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