What Is a Head of Household on Taxes?
There are five ways that a person can file their United States income tax, one of which is as “head of household.” According to the IRS, if a person qualifies for head of household status, their tax rates should be lower and their standard deduction higher than using another filing status.Types of Filing StatusesThe five types of filing statuses are single, married filing separately, married filing jointly, head of household and qualifying widow(er) with a dependent child.Head of Household QualificationThe IRS has three qualifications that must be met for filing as a head of household. They are: either unmarried or unmarried as of the final day of the filing year; the filer contributed at least half of the cost of maintaining a home for the filing year; and a qualifying dependent must have lived with the filer for at least half the year.ExceptionsThe IRS does grant exceptions only if the qualifying dependent is a parent for whom the taxpayer has paid more than half the cost of maintain
