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Stephen Baldwin admits failing to pay taxes, agrees to deal

Stephen Baldwin, the youngest of four brothers in show business, said Friday he’s looking forward to “clearing the wreckage of my past.”

Step 1 will be coming up with $300,000 for the tax man.

Baldwin, 46, admitted in Rockland County Court that he failed to pay New York state income taxes for 2008, 2009 and 2010. Under a plea bargain, he gets to stay out of jail – so he can make some money – and can have his record wiped clean if he pays the taxes within a year.

His total bill in taxes, interest and penalties is $400,000, but state Supreme Court Justice Charles Apotheker said $100,000 had already been paid.

Baldwin said he’s directing a movie starring his brother William and that other “faith-based opportunities” consistent with his principles are emerging.

If he doesn’t pay all the money within a year, the plea bargain provides for a five-year sentence of probation and repayment within that time.

– Associated Press

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