12% of Americans Say it's OK to Cheat on Taxes

Published 02/25 2014 09:54AM

Updated 02/25 2014 09:57AM

CNN Money -- A new survey shows a vast majority of Americans say cheating on taxes is unacceptable.

But there are some who think it's perfectly fine to under-report income, claim bogus deductions and inflate credits.

That’s according to an IRS oversight board poll of a thousand people.

When asked how acceptable it is to cheat on taxes, if at all, 12 percent of those surveyed answered "a little here and there" or "as much as possible."

If you do cheat on your taxes, be ready to cough up a big fine if you're caught and -- depending on the case -- you could even face prison time.

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