Sentences with phrase «with single filing status»

Not exact matches

It is designed for taxpayers whose filing status is «single» or «married filing jointly» with no dependents.

There are five filing statuses: single, married filing jointly, married filing separately, head of household and qualifying widow / er with dependent child.

All other filing statuses — including single, married filing jointly, head of household, and qualifying widow (er) with dependent child — are eligible for this tax credit.

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Your filing status must be single, head of household, qualifying widow or widower with a qualifying child, or married filing jointly.

This is my first year filing, my filing status is single with no dependents.

If you prepare the tax return with Head of Household status, and then switch it to Single status and the refund amount is exactly the same, then claim Single as your filing status.

Tax brackets for the different filing statuses are generally more or less proportional, with the head of household brackets being wider than the single brackets, and the brackets for those who are married filing jointly being widest.

Your status will be one of the following: Single, Married Filing Jointly, Married Filing Separately, Head of Household, or Qualifying Widow (er) with Dependent Child.

Head of household status is singled out for special mention because many tax preparers incorrectly encourage taxpayers to file with this status.

Single Parents, Families With Children, Dependents Tax Tools Find Out As A Single Parent or Family if Your Children Are Dependents Or What the Best Tax Return Filing Status Might Be For You.

However, your capability to make contributions to this account phases out if your filing status is single with an AGI or adjusted gross income of $ 105,000 or you have a married filing jointly status with AGI of $ 167,000.

It is designed for taxpayers whose filing status is «single» or «married filing jointly» with no dependents.

Established in 1975 — in part to offset the burden of Social Security taxes and to provide an incentive to work — the EITC is determined by income and is phased in according to filing status: single, married filing jointly or either of those with children.

Filing status must be single, married filing jointly, head of household or qualifying widow or widower with a qualifying Filing status must be single, married filing jointly, head of household or qualifying widow or widower with a qualifying filing jointly, head of household or qualifying widow or widower with a qualifying child.

If you're aiming for a certain percentage of your income (say, enough to surpass the $ 6,200 standard deduction (single filing status) when paired with any other deductions you're taking), the easiest way to hit your goal is to schedule monthly recurring contributions with your favorite charitable organizations.

The Quebec Registrar of Civil Status reviews every single birth certificate filed in the province and may oppose a name it does not agree with.

Both of these statuses can be more financially advantageous than filing single, so it's worth reviewing your options with a tax professional.