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What is head of household?

Head of household is a filing status for individual taxpayers that allows for a higher standard deduction and more favorable tax rates compared to single filers. To qualify, the taxpayer must be unmarried, pay more than half the costs of maintaining a home for a qualifying person, and the qualifying person must have lived with the taxpayer for more than half the year.

Who is required to file as head of household?

To file as head of household, you must be unmarried or considered unmarried on the last day of the year, have a qualifying person, and have paid more than half of the household expenses.

How to fill out head of household?

To fill out head of household status, taxpayers need to complete their tax return form (such as Form 1040) and select 'Head of Household' on the filing status section. They must also provide the name and details of the qualifying person.

What is the purpose of head of household?

The purpose of head of household status is to provide tax benefits to taxpayers who are primarily responsible for supporting a household and a qualifying person, thus recognizing the higher costs associated with single-parent families.

What information must be reported on head of household?

Taxpayers must report their filing status, personal information, income, deductions, and the name and relationship of the qualifying person when filing as head of household.