Walters spread word of the Lohan interview on "The View" on Monday. The "20/20" episode will air Nov. 16, just in time for Lohan's latest project, "Liz & Dick," which will premiere later that month on Lifetime.
The biopic stars Lohan, 26, as Elizabeth Taylor and tells the story of Taylor's 25-year love affair with Richard Burton. Taylor and Burton were twice married and divorced.
Lohan plays Taylor opposite Grant Bowler, who stars as Burton. Bowler is known for his appearances in "True Blood" and "Lost."
The Associated Press contributed to this report.