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The head of household filing status was created in 1951 to acknowledge the additional financial burdens faced by single people caring for dependents. [ 3 ] [ 1 ] Consequently, it provides single parents and other people caring for qualifying dependents with a larger standard deduction and preferential tax rates compared to single filers ...
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There are five tax filing statuses the IRS allows you to claim: Single, married filing jointly, married filing separately, head of household and qualifying widow(er). There are two main advantages ...
Plus, for a head of household filer this income level falls into the 12% tax bracket, significantly below the bracket that applies to single filers with this income.
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A new Head of Household was crowned Thursday on "Big Brother." After the Sept. 19 episode , which saw a second person go to jury, the houseguests competed in a Head of Household competition.