Some taxpayers qualify for more favorable “head of household” tax filing status
When preparing your tax return, we’ll check one of the following statuses: Single, married filing jointly, married filing separately, head of household (HOH) or qualifying widow(er). Filing as HOH is more favorable than filing as single. For example, the 2023 HOH standard deduction is $20,800 while it’s $13,850 for singles. To be eligible, you must maintain a household, which for more than half the year, is the principal home of a “qualifying child” or other relative of yours whom you can claim as a dependent. You’re considered to maintain a household if you live in the home for the tax year and pay over half the cost of running it. We can answer any questions you have about your situation.