Annualized Income

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Additional Child Tax Credit Accelerated Cost Recovery System (ACRS) Actual Expenses (Regular Method) Adjusted Basis Adoption Credit Amount Realized Active Participation Anti-Churning Rules At-Risk Rules Adjustment to Income Alternative Minimum Tax (AMT) Adjusted Gross Income (AGI) Accrued Interest Accounting Method Accelerated Depreciation Amortization Acquisition Debt Accounting Period Advance Earned Income Credit Active Participant Advance Payments Alimony Payments Annuitant Accrual Method of Accounting Asset Annuity Starting Date Automobile Expenses Audit Away From Home Overnight Annualized Income Amended Return Accountable Plan Annuity Average Basis

Definition of Annualized Income:

A way of calculating what your yearly income would be, based on your income for a specific period. It is calculated by dividing 12 by the number of months in the period, and multiplying that by your income for the period. For example, if you made $50,000 in 5 months and wanted to know what you would make for the year (at that rate), you multiply $50,000 by 2.4 (12/5 = 2.4) and you find out that you would make $120,000.

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Annualized Income

Definition of Annualized Income:

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