Head of Household


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Head of Household

A taxpayer who pays more than half of the expenses of a household and is therefore taking care of a dependent. Heads of household are usually entitled to preferential tax treatment. A head of household must be unmarried unless his/her spouse files an individual tax return and has not lived with the head of household for more than six of the last 12 months.

Head of household.

Head of household is an IRS filing status that you can use if you are unmarried or considered unmarried on the last day of a tax year and provide at least half the cost of maintaining a home for one or more qualifying dependents.

That may be your child, grandchild, or other relative who lives in that home for more than half the year, or a parent whether or not he or she lives in your home.

The advantage of filing as head of household is that you can take a higher standard deduction than if you filed as a single taxpayer and you owe less federal income tax than you would as a single, assuming all other details were the same.

Filing as head of household also means you qualify for certain deductions and credits that would not be available to you if you used the married filing separate returns status.

Head of Household

The filing status used by an unmarried taxpayer (or taxapyer who is considered unmarried) who pays over half the cost of maintaining his home that is the principal residence for over half the tax year of his qualifying child (whether or not the child is claimed as a dependent) or a qualifying relative who is claimed as a dependent. A dependent parent who does not live with the taxpayer may also qualify the taxpayer for the head of household status if qualifications are met.
References in periodicals archive ?
We turn next to the relationship of income inequality to head of household characteristics.
They asserted manliness in activities like drinking and gambling that directly defied the company's regime of discipline and cultural campaigns in the camps and refused to conform to the company's ideal of the responsible head of household, causing constant consternation among the company's social workers.
FTB's Publication 1540 (Tax Information for Head of Household) provides detailed information regarding the Head of Household filing status.
Other tax credits affected by indexing include the Joint Custody Head of Household Credit, Dependent Parent Credit, Qualified Senior Head of Household Credit and the Renter's Tax Credit.
The exclusion for a spouse filing as head of household under the ASR is subject to the same phaseout rules as other nonjoint return filers.
The threshold amounts are $200,000 for married filing joint, $150,000 for head of household, and $100,000 for single filers.
Amount of meal preparation done by male head of household
Generally, it doesn't matter if the marital settlement agreement, minute order or judgment state that something is deductible or taxable, whether someone can file as head of household or that one of the spouses will report the sale of property, etc.
The first requirement for head of household status is that the taxpayer be unmarried or considered unmarried at year-end.
125,000 for taxpayers claiming head of household status
For married filing jointly, qualifying widow(er), or head of household taxpayers, the standard deduction increases from $6,820 to $7,032.