Tax Filing - What is the difference between single and head of household?
921103
A head of household is a single person supporting a relative that lives in the same house. You must support with at least 50% of their expenses which would include their share of the rent and food. This status is usually for a single parent.
1149405
if you have dependents you may choose to claim them. you can also choose to claim just yourself which is a 1. if you claim 0 then you are claiming nothing so you will get less money back during the year, but a larger refund when tax time comes. if you claim a 1(or more), you will get more money during the year but you run the risk of having a bill at the end of the year.
251865
Filing is based on your marital status on the last day of the year.   So 2005's taxes should be filed married and 2006 single.\n\nDivorce is no fun.   Good luck in your newly single life.
761395
Absolutely, if you are married, you can always file "married filing jointly," regardless of where you live or if you're seperated. There are no legal or tax problems with filing this way, so you don't have to be worried. \n\nUsually, people who are seperated want to file "married filing seperately" because they can't stand one another. Unfortunately for them, they can only possibly file seperately if they have lived in seperate residences for at least one full year.
67677
It is normally far better to file jointly. In fact I have never seen a case where MFS makes more sense. Only one person can claim each exemption, so the total exemptions on both returns can not exceded the number you would get on a joint return.
73376
Personal exemption is subtractions for you.\nDependancy is for a child.\nThat child then cannot also put himself for personal exemption. \nThink of exemption as money to live that won't be taxed. since you are taking care of a child, you need money for you and the child to live. That child then cannot also fill out a tax form and deduct money because he is not taking care of himself, you are. In the eyes of the tax code, the child's earned money is not "money to live" so then it's taxed.\nI made up this "money to live" term. But that's pretty much what exemptions are doing.
60883
There are situations when filing separately makes sense. But generally, filing jointly usually results in the lowest overall tax liability.\n\nIt makes sense to file separately when:\n\n* You are unofficially separated and don't want or cannot share financial information.\n* You think your spouse in cheating on taxes.\n* You are cheating on your taxes.\n* One person owes a lot, but you would have a refund.\n* One person has tax troubles (back taxes, tax debts, payroll problems).\n* You just don't trust each other.\n\nThat being said, filing separately requires sharing complete and total details about taxes with each other. So if you are NOT good at sharing financial information, get divorced so each of you can file as single people. (I call this getting a tax divorce... it happens more often than you think.)\n\nWilliam Perez\ntaxes.about.com
868333
His income is not (it's household income), but his contribution of child support is, as that is income that your mother takes in.  My advice is to make sure that you should use whoever's income is SMALLEST, because that will make you eligible for more federal money.
471777
Who is claiming you on their income taxes?  Who is providing your support?  If your parents are not, and no one else is, you are already independent.
189679
The Only way you could do that is if you and your children were physically living with whoever you were going to let claim them on thier taxes for at least 7 months out of 12 for that tax year, plus they have to be able to claim head of household because if you were working and lived with that person for the alotted time but you made more money than them, they can't do it.
96477
No it doesn't. My wife filed for just the things in her name only. It didn't affect mine at all. Just remember that for a while, if you open new loans or buy a car or whatever, you'll have to do it in just the one person's name. However, you can still use both people's income to get the loan.
860300
The instructions on the W-4 are a guide. You would be single filing one if you're parents claim you as a dependent, single filing 2 if you live on your own.\nHowever, you can use the allowances claimed as a way to change the size of your refund/tax payment at tax time. If you like to get a refund at the end of the year and you had similar circumstances last year with the same filing status, follow the instructions. If you'd rather have the money in your paycheck and pay a large amount at tax time, increase the number of allowances.
725666
You are talking about filling out the W-4 at work, I'm assuming.  The more exemptions claimed, then the less tax they take out during the year.  But when you go to file (in April), if you claimed 2 during the year and you are single, you will most likely owe tax, and may be subject to a penalty.  Best to claim 0 now.  The best way to approach tax issues, is to come out even (i.e., no owe, or no refund).
809091
If you are married, you only have two choices:\n1)  Married - Filing Separate\n2)  Married - Filing Jointly\n\nFiling Jointly almost always is better.
755399
you do not have to file a tax return if this was your only income.   for 2005, a single person had to file a tax return only if they were making in excess of $8,200.  its probably a little higher for 2006.
493971
lol, I'm with Teri. I would say contact a tax professional in the state that he will be filing and they should have those answers, as state tax laws vary state to state. Sorry I couldn't be of more assistance. :)
47994
In NY, as in CA, it's @ 25%.  This of course varies on your specic status; married, head of household, etc., and, the number of exemptions you take.