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.
References in periodicals archive ?
Next we review the different filing statuses that are available to taxpayers.
They also all mimic the federal filing statuses of single, head of household, married filing separately, and married filing jointly--piggybacking on the federal definition of each status.
The differing filing statuses between federal and state returns for married couples who filed jointly for federal taxes, but separately for state taxes, leads to problems in making state piggyback adjustments based on federal audit changes.
Reformed income tax--This would simplify the individual income tax by repealing the alternative minimum tax (AMT), consolidating and simplifying savings incentives, eliminating phase-ins and phase-outs and retaining only two filing statuses and rate schedules.
Total federal income tax reductions over the life of the mortgage in the example also are provided for all filing statuses.
The amount of the credit is up to $600 for all filing statuses except for married filing jointly which is $1,200.
The qualifications include all filing statuses with income up to $265,000.