Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site inuxd.UUCP Path: utzoo!linus!philabs!cmcl2!seismo!hao!hplabs!tektronix!uw-beaver!cornell!vax135!houxz!houxm!ihnp4!inuxc!inuxd!claus From: claus@inuxd.UUCP (David Claus) Newsgroups: net.politics,net.taxes Subject: Re: Question About DEFICIT REDUCTION ACT Message-ID: <584@inuxd.UUCP> Date: Tue, 24-Jul-84 10:23:03 EDT Article-I.D.: inuxd.584 Posted: Tue Jul 24 10:23:03 1984 Date-Received: Sat, 28-Jul-84 00:27:58 EDT References: <3147@tektronix.UUCP> Organization: AT&T Consumer Products Div., Indianapolis Lines: 15 Another question about the new tax bill: When will the new law on income averaging go into effect? If it goes into effect in '84 I have this question: Can the government change the tax law in the middle of a tax year and penalize you if you owe more taxes at the end of the year than you thought you would under the old law? My guess is that they can probably do whatever they want. Does anyone know? Dave Claus AT&T-CP Indy