Lindsay Lohan explains why she canceled on Barbara Walters

Lindsay Lohan appears on "Good Morning America" on Nov. 16, 2012. / ABC

Lindsay Lohan says it wasn't the right time for her to sit down for an interview with Barbara Walters.

The actress appeared on "The Tonight Show with Jay Leno" on Tuesday and explained why she canceled on the veteran journalist.

Barbara Walters "disappointed" by Lindsay Lohan interview cancellation

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Lindsay Lohan

"The timing wasn't right, right now," Lohan told host Jay Leno. "I love her. I'm a big fan of Barbara Walters...When it's right, she knows she'll be the first person I sit down with."

Leno also asked the 26-year-old if she regrets getting into acting at a young age and about the recent revelation that she has a half-sister.

"I could give her one word of advice: Good luck with my dad," Lohan said.

Lohan is promoting her upcoming Lifetime movie "Liz & Dick," in which she plays Elizabeth Taylor. It premieres on the network on Nov. 25 at 9 p.m. ET.