What Is Head of Household (HOH)? Filing a tax return using the Head of Household (HOH) filing status has qualifying rules but provides a higher standard deduction and lower tax rates. Individuals must support a qualifying dependent and pay more than half the cost of supporting a home. Ke...
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.
Taxpayers who are able to file under the Head of Household status will typically be able to take advantage of a lower tax rate than those available to taxpayers who file as Single or Married Filing Separately. Taxpayers filing as Head of Household are allowed a higher standard deduction than t...
the Head of Household filing status is commonly compared to the Single filing status. But when comparing, Head of Household vs. Single statuses, there are clear differences. For example, it provides a larger standard deduction and more generous tax rates for calculating federal income tax. We’...
Married taxpayer, filing as unmarried head of household, may use full standard deduction.Fiore, Nicholas J