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Path: utzoo!watmath!clyde!burl!ulysses!harpo!decvax!ittvax!dcdwest!sdcsvax!bmcg!felix!edwards
From: edwards@felix.UUCP
Newsgroups: net.taxes
Subject: Re: Assistantships and income averaging.
Message-ID: <243@felix.UUCP>
Date: Thu, 19-Apr-84 10:15:19 EST
Article-I.D.: felix.243
Posted: Thu Apr 19 10:15:19 1984
Date-Received: Sat, 21-Apr-84 02:15:13 EST
References: <1126@cwruecmp.UUCP>
Organization: FileNet Corp., Costa Mesa, Ca.
Lines: 17

The more this topic gets discussed, the more I get confused.

The latest proposed truth is that you can't count your
fellowship toward your support, for which you must provide
at least half.  Well, for two years, my SOLE income was
my fellowship.  This means if you exclude my fellowship,
exactly $0 dollars went to my support, of which I provided
$0.  Does that mean I paid half?

I've been income averaging for the past two years and intend
to continue until the IRS tells me I can't.  I would have
a hard time believing they would have a legitimate case to
tell me to stop;  of course that doesn't mean they wouldn't.

				Dave Edwards
				FileNet Corp.
				{decvax,ucbvax}!trwrb!felix!edwards