Comment Comment by bd_at_rivenhill Fortunately, tax law has been made so complex that the Supreme Court eventually decided that ignorance is a defense: https://en.wikipedia.org/wiki/Cheek_v._United_StatesSo you may end up with penalties and interest, but you have a high probability of avoiding prison absent doing something stupid like trading emails with your broker on how you plan to evade taxes. parent bd_at_rivenhill 11 years ago
So you may end up with penalties and interest, but you have a high probability of avoiding prison absent doing something stupid like trading emails with your broker on how you plan to evade taxes.