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10-year Averaging |
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10-year Averaging 10-Year Averaging This is a special method available to determine the tax on a qualified lump-sum distribution for any taxpayer who was born before 1936 and meets the other requirements. The tax computed using 10-year averaging is done on IRS Form 4972. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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He reported them as lump-sum distributions (LSDs) and used the 10-year averaging method to calculate the tax owed. |
10-year Averaging |
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