IRS FAQ - Keyword Â  Income Averaging Sorry.       Taxpayer Help and Education Frequently Asked Tax Questions And Answers Keyword:   Income Averaging   _____   [ Click for Graphics Version ]  I had a large amount of income this year compared to last year. Can I average the two years together? Income averaging for individuals not engaged in a farming business is no longer available. It was repealed by the Tax Reform Act of 1986.    _____   Tax Stats  | Tax Info For You  | Tax Info For Business  Electronic Services  | Taxpayer Help & Ed  | Tax Regs In English  IRS Newsstand  | Forms & Pubs  | What's Hot  | Meet The Commissioner  Comments & Help  | How to Contact Us  | Site Tree  | IRS Jobs   [Previous]     [Next]     [Home]     [Search]     [Help!]   Tuesday, 19-Dec-2000 17:52:11 EST