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Australians who inappropriately cashed out their super could face a big tax bill. (Steve Christo, Corbis via Getty Images)

• The ATO will commence investigations into Australians who withdrew up to $10,000 of their superannuation despite being ineligible for the scheme.
• Those caught will have the withdrawal amount added to their taxable income, netting the ATO up to 30% of the dollar figure, and penalties up to $12,000.
• The move comes after Business Insider Australia revealed