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v. t. e. Head of Household is a filing status for individual United States taxpayers. It provides preferential tax rates and a larger standard deduction for single people caring for qualifying dependents. To use the Head of Household filing status, a taxpayer must: Be unmarried or considered unmarried at the end of the year.
Plus, for a head of household filer this income level falls into the 12% tax bracket, significantly below the bracket that applies to single filers with this income.
Filing as single means you are unmarried, divorced or legally separated. Filing as head of household means you are unmarried and have at least one qualifying dependent. If you qualify to file as ...
The Head of Household Filing Status typically allows for a more generous tax situation to unmarried taxpayers who maintain a home for a qualifying person, such as a child or family relative.
Filing status depends in part on marital status and family situation. [2] There are five possible filing status categories: single individual, married person filing jointly or surviving spouse, married person filing separately, head of household, and qualifying widow (er) with dependent children. [1] A taxpayer who qualifies for more than one ...
Head of Household, filer status for the primary income tax filer for a household in the United States. Head of the household, or Householder, a census term that refers to the head of a family unit or other household. Hoju (literally "head of the household"), a family register system in North Korea. Kyrios, head of a household in Classical Athens.
Definition of Head of Household. Head of household is a filing status the IRS uses to determine what tax bracket, tax credits and responsibilities apply to you during the course of a tax year. To ...
A comptroller (pronounced either the same as controller or as / kəmpˈtroʊlər /) is a management -level position responsible for supervising the quality of accounting and financial reporting of an organization. A financial comptroller is a senior-level executive who acts as the head of accounting, and oversees the preparation of financial ...
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