Saturday, February 27, 2010

Head of Household When and You're Married?

How can that be right?? A person can claim "Head of Household" while married???

Odd as it may seem, it is quite true. But it's not as simple as just being married. The married taxpayers need to be legally separated AND not have lived together for the last six months out of the tax year. The household must be the principal home of the child(ren). The person claiming Head of Household must furnish over half of the cost of maintaining the household.

The spouse who files head of household may also use the full standard deduction, even if the other spouse itemizes deductions (or vice versa). If you are legally separated, be sure to let your tax preparer know of your status.

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