| If you have any question regarding Form 1040 or | | | | of Household - Many times head of household is |
| seeking relevant information on this subject than | | | | confused with MFS. However, two persons who |
| this article will prove to be very helpful for you. In | | | | are married cannot claim the HOH status. |
| this article, we will highlight some of the most vital | | | | 2. Income |
| aspects of filing federal taxes. | | | | Tax exemptions are something which every one |
| 1. Filing Status | | | | of us likes. To know what all comes under tax |
| Filing status basically is the state or status of an | | | | exemptions you need to spend a bit time |
| individual at the end of the tax year. The following | | | | researching. |
| are the status option available to the taxpayersa. | | | | The form 1040 A and EZ form is less complex |
| Single - Person who has not married at the end | | | | and has few blanks and boxes. Hopefully, this |
| of the year.b. Married filing jointly - It is for those | | | | article has given you a quite a bit knowledge on |
| couples who file their return jointly.c. Married filing | | | | the subject matter. Do visit IRS website and read |
| separately - In majority of the cases filing taxes | | | | some publications as these will definitely help you |
| jointly is preferred. However in certain situation, | | | | in filing your taxes properly and also will brief you |
| filing taxes separately can save you a lot of | | | | about things such as IRS tax refund, rebates, |
| money due to deductions and similar things.d. Head | | | | extensions etc. |