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My husband made significantly more money in 2019 than his normal sales years...how do we income average in order to save us money on income taxes?

 
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DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

My husband made significantly more money in 2019 than his normal sales years...how do we income average in order to save us money on income taxes?

Sorry, income averaging was removed from the tax code decades ago.  Except for certain farmers and fishermen.

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DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

My husband made significantly more money in 2019 than his normal sales years...how do we income average in order to save us money on income taxes?

Sorry, income averaging was removed from the tax code decades ago.  Except for certain farmers and fishermen.

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