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Filing Status

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Filing Status
A group into which one classifies oneself when filing a tax return. In the United States, there are five filing statuses: single individual, married filing separately, married filing jointly, head of household, and qualifying widow(er) with dependent child. One's filing status is important to determining one's tax bracket and the credits and deductions to which one is entitled.
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All employees should take the time to review their filing status based on the information provided on their W-4 and make changes to withholding status and exemptions claimed as needed.
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