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From: cas@cvl.UUCP (Cliff Shaffer)
Newsgroups: net.taxes
Subject: Re: Taxes on salaries received while on TA or RA
Message-ID: <908@cvl.UUCP>
Date: Thu, 5-Apr-84 12:01:20 EST
Article-I.D.: cvl.908
Posted: Thu Apr  5 12:01:20 1984
Date-Received: Sat, 7-Apr-84 03:03:25 EST
References: <597@u1100a.UUCP>, <29700003@hpfcla.UUCP> <7306@cornell.UUCP>
Organization: U. of Md. Computer Vision Lab
Lines: 12

If you take a tax exemption on TA/RA pay, it is true that you probably
will not be able to income average.  I realized this a couple of weeks
ago, so I sat down and tried to figure out the difference between
taking the exemption for four years vs. paying on my RA grant and income
averaging.  I found that it is better to keep the money (particuarly if
you put it in a money market account) then it is to income average.
Under the most optimistic of future employment conditions, it is better
to income average... but not until the third or fourth year after
graduation.  So I decided to keep the money - who knows when I may need
it?
		Cliff Shaffer
		rlgvax!cvl!cas