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  2. Every Tax-Filing Status Explained - AOL

    www.aol.com/every-tax-filing-status-explained...

    Married Filing Jointly Standard Deduction: When filing with the married filing jointly tax-filing status, a couple can take a standard deduction of $24,800 for 2020. Learn More: 9 Tax Tips Every ...

  3. Doing Your Taxes: How to Decide Your Filing Status - AOL

    www.aol.com/news/2013-02-19-doing-your-taxes-how...

    By Alden Wicker If there is one thing to make sure you get right on your taxes, it's your filing status.It can determine how much you pay (or save) in taxes. Plus, it's one of the things that, if ...

  4. Filing status - Wikipedia

    en.wikipedia.org/wiki/Filing_status

    An individual's tax liability depends upon two variables: the individual's filing status and the taxable income. [16] The status can determine the correct amount of tax, whether the taxpayer can take certain tax deductions or exemptions that could lower the final tax bill, and even whether one must file a return at all. [17]

  5. Rate schedule (federal income tax) - Wikipedia

    en.wikipedia.org/wiki/Rate_schedule_(federal...

    The origin of the current rate schedules is the Internal Revenue Code of 1986 (IRC), [2] [3] which is separately published as Title 26 of the United States Code. [4] With that law, the U.S. Congress created four types of rate tables, all of which are based on a taxpayer's filing status (e.g., "married individuals filing joint returns," "heads of households").

  6. Head of household - Wikipedia

    en.wikipedia.org/wiki/Head_of_Household

    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 ...

  7. Every Tax-Filing Status Explained - AOL

    www.aol.com/finance/every-tax-filing-status...

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