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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 ...
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 ...
Filing as a head of household can have substantial financial benefits over filing as a single status taxpayer. As a head of household, one may obtain a more generous tax brackets and larger standard deductions. [14] There are many special rules and exceptions applicable to head of household filing status. [15]
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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.
Rachel, the first Head of Household, was later given clues to find a second bedroom, which she eventually did. The new bedroom is adjacent to the first, and featured two queen-sized beds. The room was entirely gold colored, and featured three safe boxes.
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[53] [54] The HouseGuests were required to answer questions about their partners preferences in a relationship; the team with the most points at the end of the competition would be the winner. [55] Alex & Amanda were the winners, becoming the first couple to win Head of Household.