Filing Status (federal Income Tax)

Filing Status (federal Income Tax)

Filing status is an important factor when computing taxable income under the federal income tax in the United States. The federal tax filing status defines the type of tax return form an individual will use. Filing status is based on marital status and family situation.

A taxpayer will fall into one of five possible filing status categories: single individual, married person filing jointly or surviving spouse, married person filing separately, head of household and a qualifying widow(er) with dependent children. A taxpayer who qualifies for more than one filing status may choose the most advantageous status.

Read more about Filing Status (federal Income Tax):  Determining Filing Status, Importance of Choosing Correct Status

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