Wesley Snipes has every reason to be smiling!

Wesley Snipes was acquitted of tax fraud but was convicted of failure to file taxes, in a Florida courtroom today.

Snipes was convicted of three misdemeanor counts of failing to file a tax return, faces up to three years in federal prison. His income over the period of time in which he failed to file amounted to millions of dollars.

He was acquitted of two felonies, including conspiracy to commit tax fraud. He was also acquitted of three misdemeanor counts of willful failure to file a tax return.

The actor, who is currently free on bond, said, after the ruling: “I’m feeling great – a little confused, but great.” Asked if he is worried about going to prison, he said, “I don’t know. It’s nice to be out here with you right now. We live in the moment.”

WENN