From: utzoo!decvax!harpo!npoiv!hou5f!hou5b!hou5c!hou5e!hou5a!hou5d!houxz!ihnp4!ixn5c!inuxc!pur-ee!uiucdcs!montoye
Newsgroups: net.taxes
Title: Income Averaging - (nf)
Article-I.D.: uiucdcs.1585
Posted: Sun Feb 27 16:36:23 1983
Received: Tue Mar  8 06:48:11 1983

#N:uiucdcs:13200006:000:636
uiucdcs!montoye    Feb 27 13:18:00 1983

Subject: tax

Does anyone know about the rules for income averaging for singles.
Specifically, if you register 0 income (as RAs do) some year then
can that year be counted for income averaging. The idea is that if
not then the RAs should, perhaps, get their income taxed for a short
duration (say summer) and make the year eligible for income averaging.
And since the income will be small, the tax will be refunded. So, you
do not loose anything, except that the state tax goes.
     I think this is something we RAs should think about now, so that
we are prepared when we go to do jobs, and do not give away extra taxes
than needed.