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octaswim
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How can I complete the form that would allow me to use a 3 year average for the farm income?

 
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‎June 6, 2019 4:48 AM
last updated ‎June 06, 2019 4:48 AM
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Cattlerancher
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How can I complete the form that would allow me to use a 3 year average for the farm income?

Type in schedule J in the search box, use "Jump to schedule J", farm income averaging.

Here is some reference material you may find useful when filling out schedule J.

https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Forms/What-is-Schedule-J--Income-Averaging-fo...

https://www.irs.gov/pub/irs-pdf/i1040sj.pdf

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‎June 6, 2019 4:48 AM
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1 Reply
Cattlerancher
New Member

How can I complete the form that would allow me to use a 3 year average for the farm income?

Type in schedule J in the search box, use "Jump to schedule J", farm income averaging.

Here is some reference material you may find useful when filling out schedule J.

https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Forms/What-is-Schedule-J--Income-Averaging-fo...

https://www.irs.gov/pub/irs-pdf/i1040sj.pdf

‎June 6, 2019 4:48 AM
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291
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