Lindsay Lohan's has just shut down a lucrative offer to do "Dancing with the Stars" ... because she doesn't want to do reality TV? What really? Isn't her life already reality TV? I think so...and not fake reality like the scripted Kardashian clan.

Sources close to Lindsay tell TMZ, the actress was made several offers to join the DWTS cast this upcoming season -- offers that maxed out at $550,000.

But Lindsay -- who still owes hundreds of thousands in back taxes -- shut them down, telling friends she'd never consider doing reality TV ... she wants to stick to films.

But there's one problem -- after "The Canyons" fiasco, she's basically made herself unhireable. And as the saying goes, beggars can't be choosers.

A rep for DWTS tells us, "We don't comment on casting."

 

What do you think? Lindsay would probably be the biggest "star" to ever be on the show