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Ed Johnson
Ed Johnson, Tax Preparer
Category: Tax
Satisfied Customers: 10760
Experience:  GPHR Cert; U.S. Treasury Tax Advocacy Panel appointee
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Can I defer income on my taxes until next year

Resolved Question:

Can I defer income on my taxes until next year?
Submitted: 8 years ago.
Category: Tax
Expert:  Ed Johnson replied 8 years ago.

DearCustomer

 

Unfortunately there is no way to defer income until next year for cash accounting tax payers.

 

There is income averageing for some tax payes involved in forestry, farming, and commercial fishing only.

 

 

 

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