DISCLAIMER: I am a CPA, but I am not your CPA. This article is for informational purposes only and is not tax or legal advice, nor can be relied upon as such. The author is not liable for any losses related to actions or failure to act related to the content of this article. If you need specific tax advice consult with a CPA who specializes in your subject matter and taxing jurisdiction.
Did you know U.S. Taxpayers fall into only 5 categories of filing statuses? These filing statuses include Married Filing Jointly, Married Filing Separately, Qualifying Widower, Head of House, and Single.
Although the single filing status can seem clear cut in regards to criteria, it’s still important to review the requirements for each filing status before making a selection. In today’s episode we will be reviewing the Single File Status and the criteria required to claim Single on this year’s tax return.