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income averaging

    0.40 sec.
income averaging
A technique for calculating personal income taxes in which an individual with large variations in annual taxable income is allowed to average income over a specified period. Income averaging was eliminated by 1986 tax reform.
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Joe is able to manage the machinery auction tax cost through use of farm income averaging.
Taxing Matters by Top Producer
Ensures that farmers do not have to pay the alternative minimum tax when they use income averaging.
Policy Journal by Hillgren, Sonja / Farm Journal
In 2000, according to the World Bank, the average income in the advanced countries at purchasing price parity was $27,450, with the US income averaging $34,260 and Israel's income averaging $19,320.
PAKISTAN - Islamic Credentials by APS Diplomat Strategic Balance in the Middle East
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