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New Member
posted May 31, 2019 9:29:09 PM

Can I income average with turbotax

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1 Best answer
Level 15
May 31, 2019 9:29:09 PM

Income averaging is only available for farmers and fisherman. It is completed on a Schedule J.

Schedule J is for farming and fishing income only and if you qualify you would need TurboTax Home & Business (Cd/Download) or Self-Employed (on-line).. 

So Yes, if you are a farmer or fisherman. 

1 Replies
Level 15
May 31, 2019 9:29:09 PM

Income averaging is only available for farmers and fisherman. It is completed on a Schedule J.

Schedule J is for farming and fishing income only and if you qualify you would need TurboTax Home & Business (Cd/Download) or Self-Employed (on-line).. 

So Yes, if you are a farmer or fisherman.