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2. Tax Filing: Head of Household Versus Single

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   In this example, the difference in taxes owed based strictly on filing status is the difference between $5,460 and $4,390. That is a savings of $1,070, just for selecting head of household versus ...

3. Guide To Filing Taxes as Head of Household vs. Single

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   If you are not married on December 31, your filing status could be either single or head of household — single if you have no dependents, and head of household if you have qualifying dependents.

4. Filing status - Wikipedia

   en.wikipedia.org/wiki/Filing_status

   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]

5. Every Tax-Filing Status Explained - AOL

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   Single Standard Deduction: When using the single tax-filing status, a taxpayer can claim a standard deduction of $12,400 for tax year 2020. Important: Biden Wants to Shut Down Credit Bureaus ...

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. Income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Income_tax_in_the_United...

   Some state and local income tax rates are flat (single rate), and some are graduated. State and local definitions of what income is taxable vary highly. Some states incorporate the federal definitions by reference. Taxable income is defined separately and differently for individuals and corporations in some jurisdictions.