1 in 6 admit to lying on their taxes

Posted: 27 February 2023 5:25 pm
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Men are three times more likely than women to lie.

Tax season is upon us and 49% of Americans expect to get a return in 2023 but what are they willing to do to get that return? According to Finder’s Consumer Confidence Index, roughly one in six (16%) Americans have at some point lied on their taxes, with roughly one in five (20%) of those expecting a return saying they’ve lied on their taxes before.

Men are more likely to lie on their returns

Men are three times more likely to lie on their taxes than women, with 24% of men saying they’ve cheated on their taxes compared to just 8% of women. Just 1% of women say they always lie on their taxes compared to 8% of men.

Millennials most likely to lie on their taxes

Over a quarter (27%) of Gen Y say they’ve lied on their taxes, with 10% admitting to always filing bogus returns and 10% saying they sometimes lie come tax time.

The West reports the most tax dodges

Just shy of one in five (19%) of those living in the West say they lie on their taxes compared to just 12% in the Midwest.

Mo’ money, mo’ dodgers

In what will come in an absolute shock to no one, the more you earn, the more likely you are to admit to cheating on your taxes.

People earning over six figures are twice as likely as those earning sub $100,000 to admit to lying on their taxes, with 37% in the six-figure club claiming to lie on their taxes compared to just 16% for those earning under $100,000 — that’s almost the same percentage of those earning over $100K who admit to always lying on their taxes (14%).

For the full results, check out Finder’s Lying on Taxes report.

Image: Getty

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