Schedule J (Form 1 Income Averaging for Farmers and Fishermen

Income Averaging for
Farmers and Fishermen

SCHEDULE J
(Form 1040 or 1040-SR)
Department of the Treasury
Internal Revenue Service (99)

▶ Go

OMB No. 1545-0074

2019

▶ Attach

to Form 1040, Form 1040-SR, or Form 1040-NR.
to www.irs.gov/ScheduleJ for instructions and the latest information.

Attachment
Sequence No. 20
Social security number (SSN)

Name(s) shown on return

1

Enter the taxable income from your 2019 Form 1040 or 1040-SR, line 11b, or Form 1040-NR, line 41 .

1

2a

Enter your elected farm income (see instructions). Do not enter more than the amount on line 1 .

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2a

Capital gain included on line 2a:
b Excess, if any, of net long-term capital gain over net short-term capital loss .

2b

c

2c

Unrecaptured section 1250 gain

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3

Subtract line 2a from line 1 .

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4

Figure the tax on the amount on line 3 using the 2019 tax rates (see instructions) .

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4

5

If you used Schedule J to figure your tax for:
• 2018, enter the amount from your 2018 Schedule J, line 11.
• 2017 but not 2018, enter the amount from your 2017 Schedule J, line 15.
• 2016 but not 2017 or 2018, enter the amount from your 2016 Schedule J, line 3.
Otherwise, enter the taxable income from your 2016 Form 1040, line 43;
Form 1040A, line 27; Form 1040EZ, line 6; Form 1040-NR, line 41; or Form
1040-NR-EZ, line 14. If zero or less, see instructions.

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6

Divide the amount on line 2a by 3.0 .

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6

7

Combine lines 5 and 6. If zero or less, enter -0-

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7

8

Figure the tax on the amount on line 7 using the 2016 tax rates (see instructions) .

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9

If you used Schedule J to figure your tax for:
• 2018, enter the amount from your 2018 Schedule J, line 15.
• 2017 but not 2018, enter the amount from your 2017 Schedule J, line 3.
Otherwise, enter the taxable income from your 2017 Form 1040, line 43;
Form 1040A, line 27; Form 1040EZ, line 6; Form 1040-NR, line 41; or Form
1040-NR-EZ, line 14. If zero or less, see instructions.

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10

Enter the amount from line 6

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10

11

Combine lines 9 and 10. If less than zero, enter as a negative amount .

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11

12

Figure the tax on the amount on line 11 using the 2017 tax rates (see instructions) .

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12

13

If you used Schedule J to figure your tax for 2018, enter the amount from your
2018 Schedule J, line 3. Otherwise, enter the taxable income from your 2018
Form 1040, line 10; Form 1040-NR, line 41; or Form 1040-NR-EZ, line 14. If
zero or less, see instructions . . . . . . . . . . . . . . . .

13

14

Enter the amount from line 6

15

Combine lines 13 and 14. If less than zero, enter as a negative amount

16

Figure the tax on the amount on line 15 using the 2018 tax rates (see instructions) .

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16

17

Add lines 4, 8, 12, and 16

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17

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For Paperwork Reduction Act Notice, see your tax return instructions.

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Cat. No. 25513Y

Schedule J (Form 1040 or 1040-SR) 2019

Page 2

Schedule J (Form 1040 or 1040-SR) 2019

18

Amount from line 17

19

If you used Schedule J to figure your tax for:
• 2018, enter the amount from your 2018 Schedule J, line 12.
• 2017 but not 2018, enter the amount from your 2017 Schedule J, line 16.
• 2016 but not 2017 or 2018, enter the amount from your 2016 Schedule J,
line 4.
Otherwise, enter the tax from your 2016 Form 1040, line 44;* Form 1040A,
line 28;* Form 1040EZ, line 10; Form 1040-NR, line 42;* or Form
1040-NR-EZ, line 15.

20

21

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If you used Schedule J to figure your tax for:
• 2018, enter the amount from your 2018 Schedule J, line 16.
• 2017 but not 2018, enter the amount from your 2017 Schedule J, line 4.
Otherwise, enter the tax from your 2017 Form 1040, line 44;* Form 1040A,
line 28;* Form 1040EZ, line 10; Form 1040-NR, line 42;* or Form
1040-NR-EZ, line 15.

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19

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20

If you used Schedule J to figure your tax for 2018, enter the amount from your
2018 Schedule J, line 4. Otherwise, enter the tax from your 2018 Form 1040,
line 11; Form 1040-NR, line 42;* or Form 1040-NR-EZ, line 15 . . . . .

21

*Only include tax reported on this line that is imposed by section 1 of the Internal Revenue Code (see
instructions). Do not include alternative minimum tax from Form 1040A.
22

Add lines 19 through 21 .

23

Tax. Subtract line 22 from line 18. Also include this amount on Form 1040 or 1040-SR, line 12a, or
Form 1040-NR, line 42 . . . . . . . . . . . . . . . . . . . . . . . . . .

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Caution: Your tax may be less if you figure it using the 2019 Tax Table, Tax Computation Worksheet,
Qualified Dividends and Capital Gain Tax Worksheet, or Schedule D Tax Worksheet. Attach Schedule
J only if you are using it to figure your tax.
Schedule J (Form 1040 or 1040-SR) 2019