Federal Tax Form 1040 Schedule J - Income Averaging for Farmers and Fishermen

Schedule J (Form 1040) is used to elect to figure your 2005 tax by averaging, over the previous 3 years (base years), all or part of your 2005 taxable income from your trade or business of farming or fishing. This election may give you a lower tax if your 2005 income from farming or fishing is high and your taxable income for one or more of the 3 prior years was low.

This election does not apply when figuring your alternative minimum tax on Form 6251. Also, you do not have to recompute, because of this election, the tax liability of any minor child who was required to use your tax rates in the prior years.

Form name	Instructions	Form
2007 Federal Tax Form 1040 Schedule J - Income Averaging for Farmers and Fishermen
2006 Federal Tax Form 1040 Schedule J - Income Averaging for Farmers and Fishermen	-
2005 Federal Tax Form 1040 Schedule J - Income Averaging for Farmers and Fishermen	-