REPORT Reese Witherspoon pregnant with third child

March 2012 Us Weekly cover announcing Reese Is Pregnant!

Us Weekly is reporting that actress Reese Witherspoon is expecting her third child after a year of trying with her new husband Jim Toth, who she wed last March.

“Reese is right around 12 weeks,” a source tells the magazine, adding that the Walk the Line star is “not planning to announce it.”

Reese has two other children, Ava (12) and Deacon (8), from her husband of 7 years, Ryan Phillippe. Witherspoon and Phillippe split in 2006.

Reese is reportedly breaking the news to a small circle of friends – a small circle that apparently includes an Us Weekly snitch who reveals, “The timing is right.” And then adds, “She’s so happy!”

All I know is Us Weekly better have their facts straight because Reese has a history of suing tabloids falsely claiming she’s pregnant!