Tag Archives: Head of Household Status

Filing Status

December 10, 2018

The status of your tax filing is one of the most important decisions you make at the time of taxation. In addition to the tax rates and the different amounts you can deduct, your filing status determines the benefits for which you are eligible. Your registration status depends on your marital status as of 31 […]

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Head of Household filing status is beneficial to taxpayers who qualify because the income brackets expand. For example, a taxpayer filing head of household can earn up to $50,800 and remain in the 15% tax bracket. One requirement: You MUST claim a dependent to file using the head of household status. If not, you’re required […]

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Head of household status can be extremely beneficial to taxpayers if they qualify. The two qualifiers – marital status and household expenses – must both be met in order to file your tax return using HOH. In order to determine your eligibility, read the following rules based off the qualifying factors: Marital Status: You’re required […]

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Raising children on your own isn’t easy. Single parents can use any help they can get, which is why, at tax time, there are certain tips that can come as a welcome relief. When filing your tax return as a single parent, consider the following eight points: Head of Household Status – if your children […]

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