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Date: Fri, 4 Jan 2002 18:29:43 -0800 (PST)
From: lwbthemarine@alltel.net
To: eric.bass@enron.com
Subject: =?ANSI_X3.4-1968?Q?IRS_FAQ_-_Keyword_=3F_Income_Averaging?=
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Sorry.
 
 
 

Taxpayer Help and Education


Frequently Asked Tax Questions And Answers


Keyword:   Income Averaging

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[ Click for Graphics Version ] <http://www.irs.gov/prod/tax_edu/faq/faq-kw101.html>


I had a large amount of income this year compared to last year. Can I average the two years together?


Income averaging for individuals not engaged in a farming business is no longer available. It was repealed by the Tax Reform Act of 1986. 
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Tuesday, 19-Dec-2000 17:52:11 EST