You'll need to sign in or create an account to connect with an expert.
No, income averaging is not available for most all occupations except certain farmers and fisherman. Any taxes owed are due and payable by mid-April of each tax year.
No, income averaging is not available for most all occupations except certain farmers and fisherman. Any taxes owed are due and payable by mid-April of each tax year.
what form do i use to average my income over three years
@lejlkj There is no such form because income averaging has gone the way of the dinosaurs.
For the general taxpayer, income averaging is not an option.
If you are a qualified farmer or fisherman, take a look at the following TurboTax article for more details.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Condor1970
New Member
user17525220452
Level 2
pjenk1984
Level 1
brian94709
Returning Member
patamelia
Level 2