Trump looks to settle $10 billion lawsuit with IRS – What it means for you?

President Donald Trump and the Internal Revenue Service are in talks to settle a $10 billion lawsuit over his leaked tax returns to the media. 

What we know:

Attorneys asked a federal judge to put the case on hold for 90 days for both parties to “engage in discussions” with the hopes of resolving the matter, according to a report from Reuters. 

There’s also the conflict of interest issue, of the President suing his own government, that the Justice Department hopes they’d be able to resolve during the delay as well. 

RELATED: Trump’s $15B lawsuit against The New York Times tossed

What they’re saying:

“The IRS wrongly allowed a rogue, politically-motivated employee to leak private and confidential information,” Trump’s legal team said in a statement. “President Trump continues to hold those who wrong America and Americans accountable.”

RELATED: ABC, Trump settle defamation lawsuit

The backstory:

Trump filed the lawsuit back in January saying the agency failed to take “mandatory precautions” to stop a former contractor, Charles Littlejohn, from leaking the tax returns of him, his adult sons and his namesake company, along with thousands of other wealthy Americans to the media. 

In a criminal case, Littlejohn pleaded guilty to improper disclosures and was sentenced to five years in prison. 

RELATED: Trump’s $10B Wall Street Journal lawsuit over Epstein ties dismissed by judge

Who will pay the bill?

Why you should care:

Once the two sides come to an agreement on any payout, that money will likely involve taxpayer dollars, according to the report. Trump said he would donate the money to charity. No word on what his adult sons would do with the settlement.