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Level 2
February 28, 2022
Question

Schedule J income averaging?

  • February 28, 2022
  • 1 reply
  • 6 views

Has anyone had an issue that pre-2020 data did not carry forward for calculating Schedule J income averaging?

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1 reply

Level 10
February 28, 2022

If I recall if you haven't used it for a couple of years the base year information may not be there. If that is what you are seeing, it is not new to this year.