Baldwin, who starred in 1995's "The Usual Suspects," admitted in March that he failed to pay state taxes for 2008, 2009 and 2010.
The total bill in taxes, interest and penalties was $400,000, but he had paid $100,000 before entering his guilty plea. Attorney Russell Yankwitt said Thursday that another $100,000 will be paid Friday in Rockland County Court.
Under his plea agreement, Baldwin's record will be wiped clean if he pays the full amount by next March. If not, he faces five years of probation.
The 47-year-old Baldwin lives in Upper Grandview. His brothers Alec, William and Daniel are also actors.