Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: notesfiles Path: utzoo!watmath!clyde!akgua!mcnc!decvax!harpo!seismo!hao!hplabs!hp-pcd!hpfcla!ajs From: ajs@hpfcla.UUCP Newsgroups: net.taxes Subject: Re: Taxes on salaries received while on Message-ID: <29700003@hpfcla.UUCP> Date: Wed, 11-Apr-84 14:11:00 EST Article-I.D.: hpfcla.29700003 Posted: Wed Apr 11 14:11:00 1984 Date-Received: Sat, 7-Apr-84 01:43:29 EST References: <597@u1100a.UUCP> Organization: Hewlett-Packard Fort Collins Systems Division - Fort Collins, CO Lines: 9 Nf-ID: #R:u1100a:-59700:hpfcla:29700003:000:372 Nf-From: hpfcla!ajs Apr 1 11:11:00 1984 > If you take a tax exemption this year, you might not be able to income > average for the next four years, which can hurt you much more than paying > taxes now. I don't get it. If I take the exemption now, how does that prevent me from income averaging? If it reduces my current taxable income, it should make it EASIER to average in the future, no? Alan Silverstein