The IRS has three requirements that must be met in order for a person to qualify as a head of household. According toH&R Block, the taxpayer must be unmarried, or considered unmarried for tax purposes, as of the last day of the tax year. The taxpayer must have provided more than 50...
On the individual taxpayer level, filing status is of significance because it influences your tax bracket and tax rate as well as the tax credits and deductions that you may claim. By imposing a citizen's tax liability according to their filing status – their marital status, dependents and ro...
single filers can deduct medical bills that are greater than 7.5% of the taxpayer’s adjusted gross income (AGI); in a married-filing-jointly situation, this threshold may be more difficult to obtain.
Which leads us to examine what “single mother” really means. Yes, you are unmarried and romantically available. Fair enough. But “single mom” is a heavily loaded term with lots of social and political connotations. Depending on how you vote, a single mom is responsible for bearing father...