Determining the correct filing status can impact tax obligations and benefits. Reporting income accurately and taking advantage of deductions and credits can optimize your tax return. The Internal ...

Your previous year’s tax return can help verify information. Your filing status impacts your tax liability by determining your tax rates, standard deduction and eligibility for different credits ...

The IRS has strict guidelines for determining who qualifies as a dependent ... When filing, select "Head of Household" as your filing status on your tax return. Be prepared to provide ...

Choosing the wrong filing status or claiming ineligible credits ... track turnovers because they are often a key factor in determining who winds up with a "W" at the end of the game.