You must choose one of the following filing statuses when submitting your tax return with the help of cheap tax return accountants in London: Head of household, married filing jointly, married filing separately, single, married filing jointly, married filing separately, head of household, or qualifying widow (er). Who is qualified to file a return as a head of household, which is more advantageous than filing a single return?
To be qualified, you must have a household that is the primary residence of a "qualifying infant" or other parent you can say as a dependent for more than half of the year (unless you only qualify due to the multiple support rules).
Is there a kid who qualifies?
If a child meets the following criteria, he or she is considered qualified:
- Spends more than half of the year in your house,
- Is this your boy, stepchild, adopted child, foster child, sibling, or stepsibling? (or a descendant of any of these),
- Is under the age of 19 (or a student under the age of 24) and does not have more than half of his or her own support for the year.
When a child's parents divorce, the child would qualify if he meets these requirements for the custodial parent — even if that parent waived his or her right to a dependence exemption for the child to the noncustodial parent.
If a person is married and cannot be asserted as a dependent by you because he or she filed jointly or is not a U.S. citizen or resident, he or she is not a "qualifying child."
Keeping a family together
If you live in the home for the whole tax year and pay more than half of the cost of operating it, you are deemed to “maintain a household.” Include house-related costs incurred for the shared benefit of family members in the cost calculation, such as property taxes, mortgage interest, rent, electricity, property insurance, maintenance and upkeep, and food consumed in the home. Things such as medical care, clothes, schooling, life insurance, and transportation should not be included.
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