The USDA is offering a free tax education webinar. It will be held on Thursday, starting at 1:00 PM Central, via Zoom. The program is on understanding farm income averaging, Schedule J.
Income averaging for individuals with income from farming or fishing can be very useful, potentially allowing them to moderate the income tax impact on high-income years.
The instructor will illustrate the concept of income averaging as well as discuss some of the nuances of completing IRS Schedule J.
This program is offered free of charge. Registration is required. You can follow the link with the story to register.