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Hello and thank you for using Just Answer,The Income Tax Act of 1986 abolished Income Averaging for all but a few tax payers. Those taxpayers that may use income averaging are farmers, fishermen, and some retired individuals that receive pension income.The LLC, is this a sole owned LLC?
Yes I own all shares of the LLC
The Income is from Highway Const & equip Busniess
Unless the LLC is for a farm or fishing then income averaging would not be an option unfortunately.
OK Thank you
Which I could advise differently
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