why would i want to annualize my income 
if your income varies drastically throughout the year calculating your annualized income helps you budget sensibly if for example you grow christmas trees for a living most or all of your income will come at the end of the year but you have to cover your monthly expenses for the entire 12 months annualizing gives you a good estimate of how much you ll have to spend similiarly some people have side gigs or seasonal income sources that add substantially to their incomes calculating annualized income tells them how much extra income they ll have year round 