WOW.com Web Search

  1. Ad

    related to: head of household qualifications worksheet

Search results

  1. Results from the WOW.Com Content Network
  2. Head of Household - Wikipedia

    en.wikipedia.org/wiki/Head_of_Household

    The Head of Household filing status was created in 1951 to acknowledge the additional financial burdens faced by single people caring for dependents. [3] [1] Consequently, it provides single parents and other people caring for qualifying dependents with a larger standard deduction and preferential tax rates compared to single filers, reducing ...

  3. Guide To Filing Taxes as Head of Household vs. Single

    www.aol.com/finance/guide-filing-taxes-head...

    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 ...

  4. Tax Filing: Head of Household Versus Single

    www.aol.com/tax-filing-head-household-versus...

    Selecting the right tax filing status goes beyond basic marital status. For unmarried taxpayers with dependents, qualifying for head of household over single filer status can generate major tax ...

  5. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    The United States federal earned income tax credit or earned income credit ( EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low-income adults with no children are eligible. [1]

  6. Filing status - Wikipedia

    en.wikipedia.org/wiki/Filing_status

    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 ...

  7. What Does Head of Household Mean? - AOL.com

    www.aol.com/does-head-household-mean-150035512.html

    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 ...

  8. Standard deduction - Wikipedia

    en.wikipedia.org/wiki/Standard_deduction

    v. t. e. Under United States tax law, the standard deduction is a dollar amount that non- itemizers may subtract from their income before income tax (but not other kinds of tax, such as payroll tax) is applied. Taxpayers may choose either itemized deductions or the standard deduction, [1] but usually choose whichever results in the lesser ...

  9. Filing as Head of Household Has Huge Benefits — Can You Take ...

    www.aol.com/filing-head-household-huge-benefits...

    The head of household filing status alleviates the financial burden placed on single parents and others who are responsible for the financial support of an entire family. But many people don't know...

  1. Ad

    related to: head of household qualifications worksheet