Taxsmith urges that it is always important to use the correct filing status when filing your tax return. It can impact the tax benefits you receive, the amount of your standard deduction and the amount of taxes you pay. It may even impact whether you must file a federal income tax return.
The first question you should ask yourself is are you single, married or the head of your household? There are five filing statuses on a federal tax return. The most common are “Single,” “Married Filing Jointly” and “Head of Household.” The Head of Household status is probably the one most often claimed in error.
Taxsmith has tips to help you choose the best filing status…
If you ever have any trouble deciding what is the best filing status to select please contact Taxsmith at 888.741.0272 or email us at info@taxsmith.com.
Nice to meet you. We use cookies to ensure that we give you the best experience on our website.
Sounds Good