SCHEDULE J                                   Income Averaging for                                           OMB No. 1545-0074
(Form 1040)
                                           Farmers and Fishermen
Department of the Treasury                 Attach to Form 1040, 1040-SR, or 1040-NR.                         Attachment  2022
Internal Revenue Service    Go to www.irs.gov/ScheduleJ for instructions and the latest information.         Sequence No. 20
Name(s) shown on return                                                                                Social security number (SSN) 

1  Enter the taxable income from your 2022 Form 1040, 1040-SR, or 1040-NR, line 15  .         . .  . . .  1 

2a Enter your elected farm income (see instructions). Do not enter more than the amount on line 1  .   .  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  Unrecaptured section 1250 gain  .   .   . .    .      . . . .      . . . . . .      2c

3  Subtract line 2a from line 1  . . . .   . .    .      . . . .      . . . . . .    . .  .   . .  . . .  3 

4  Figure the tax on the amount on line 3 using the 2022 tax rates (see instructions)  .  .   . .  . . .  4 

5  If you used Schedule J to figure your tax for: 
   • 2021, enter the amount from your 2021 Schedule J, line 11. 
   • 2020 but not 2021, enter the amount from your 2020 Schedule J, line 15. 
   • 2019 but not 2020 or 2021, enter the amount from your 2019 Schedule J, line 3.    5 
   Otherwise, enter the taxable income from your    2019 Form 1040, line 11b; 
   Form 1040-NR, line 41; or Form 1040-NR-EZ, line 14. If zero or less, see 
   instructions.                                                                    }

6  Divide the amount on line 2a by 3.0  .  . .    .      . . . .      . . . . . .      6 

7  Combine lines 5 and 6. If zero or less, enter -0-  .    . . .      . . . . . .      7 

8  Figure the tax on the amount on line 7 using the 2019 tax rates (see instructions)  .  .   . .  . . .  8 

9  If you used Schedule J to figure your tax for: 
   • 2021, enter the amount from your 2021 Schedule J, line 15. 
   • 2020 but not 2021, enter the amount from your 2020 Schedule J, line 3. 
   Otherwise, enter the taxable income from your  2020 Form 1040, 1040-SR, or          9 
   1040-NR, line 15.  If zero or less, see instructions. 
                                                                                    }
10 Enter the amount from line 6    . . .   . .    .      . . . .      . . . . . .      10 

11 Combine lines 9 and 10. If less than zero, enter as a negative amount  .   . .      11 

12 Figure the tax on the amount on line 11 using the 2020 tax rates (see instructions)  . .   . .  . . .  12 

13 If you used Schedule J to figure your tax for 2021, enter the amount from your 
   2021 Schedule J, line 3. Otherwise, enter the taxable income from your     2021 
   Form 1040, 1040-SR, or 1040-NR, line 15. If zero or less, see instructions   .      13 

14 Enter the amount from line 6    . . .   . .    .      . . . .      . . . . . .      14 

15 Combine lines 13 and 14. If less than zero, enter as a negative amount     . .      15 

16 Figure the tax on the amount on line 15 using the 2021 tax rates (see instructions)  . .   . .  . . .  16 

17 Add lines 4, 8, 12, and 16 .    . . .   . .    .      . . . .      . . . . . .    . .  .   . .  . . .  17
For Paperwork Reduction Act Notice, see your tax return instructions.         Cat. No. 25513Y             Schedule J (Form 1040) 2022

Schedule J (Form 1040) 2022                                                                                   Page 2

18 Amount from line 17  .         . . . . . .     . . . . . .  . .  . . .    . .  .  . . . . . .           18

19 If you used Schedule J to figure your tax for: 
   • 2021, enter the amount from your 2021 Schedule J, line 12. 
   • 2020 but not 2021, enter the amount from your 2020 Schedule J, line 16. 
   • 2019 but not 2020 or 2021, enter the amount from your 2019 Schedule J,       19 
     line 4. 
   Otherwise, enter the tax from your 2019 Form 1040, line 12a; Form 1040-NR, 
   line 42;* or Form 1040-NR-EZ, line 15.                                     }

20 If you used Schedule J to figure your tax for: 
   • 2021, enter the amount from your 2021 Schedule J, line 16. 
   • 2020 but not 2021, enter the amount from your 2020 Schedule J, line 4. 
   Otherwise, enter the tax from your 2020 Form 1040, 1040-SR, or 1040-NR, 
   line 16.                                                                   } 20

21 If you used Schedule J to figure your tax for 2021, enter the amount from your 
   2021 Schedule J, line 4. Otherwise, enter the tax from your 2021 Form 1040, 
   1040-SR, or 1040-NR,* line 16  .     . . .     . . . . . .  . .  . . .    .    21 
   * Only include tax reported on this line that is imposed by section 1 of the Internal Revenue Code (see 
   instructions).

22 Add lines 19 through 21  .       . . . . .     . . . . . .  . .  . . .    . .  .  . . . . . .           22 

23 Tax. Subtract line 22 from line 18. Also include this amount on Form 1040, 1040-SR, or 1040-NR, 
   line 16  . .  .          . . . . . . . . .     . . . . . .  . .  . . .    . .  .  . . . . . .           23 
   Caution: Your tax may be less if you figure it using the 2022 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) 2022