When Filling Taxes What Is The Difference?
A Reader Asks…
When filling taxes what is the difference in filling head of household and filling married/jointly? I haven’t worked all year so I won’t have any W2′s. So which one should I file? Is there a difference?
(Scroll down to see responses)
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Tags: Credit Repair Attorneys, Difference, Filling, What, When
August 24th, 2009 at 8:33 pm
When filing Head of Household (HOH) there are many benefits. You receive a larger standard deduction (than single), favorable tax brackets, phase out considerations, among others.
In your question you seem to be debating between Married/Joint (MFJ) and HOH. Generally the debate is HOH or single. If you are married you can only file MFJ or Married/Separate (MFS).
Look at the below IRS link for more info in determining your filing status.
August 25th, 2009 at 2:48 am
Head of Household is the status the IRS allows single people who are supporting a family, this was to even things up a little bit with filing Married Filing Joint. If you are married you file MFJ and if you are not, but are supporting a kid you file Head of Household. If you are single, and have not worked all year you don’t need to file at all. If you are married you are included on the tax return with your husband and he pays less tax.
August 25th, 2009 at 8:24 am
If you are married (and live with your spouse) you can not file Head of Household.
Generally, for married people, you file either Married-Jointly or Married-Separately. Single or Head of Household are no longer options as soon as you said “I do”.
August 25th, 2009 at 12:11 pm
If you did not work and recieve more than $6,000 in wages you do not need to file.