What Filing Status do I choose?

Wondering what filing status to choose when filing your Federal Income Tax return? Here is an oversimplified rundown of the five filing statuses you have available.

UPDATE: The "Qualified Widow(er)" filing status has been renamed "Qualifying Surviving Spouse" starting with the 2022 tax year.

Resources for more information:

IRS Publication 17 "Your Federal Income Tax": https://www.irs.gov/pub/irs-pdf/p17.pdf

IRS Publication 501 "Dependents, Standard Deduction, and Filing Information": https://www.irs.gov/pub/irs-pdf/p501.pdf

A deeper dive into Married Filing Joint vs. Married Filing Separate:    • Married Filing Joint v. Married Filing Sep...  

A deeper dive in the Head of Household status:    • Could you be Head of Household?  

For additional details on the Qualifying Surviving Spouse status, click here:    • The Qualifying Surviving Spouse Filing Status  

Intro and background music: "Bluesy Vibes" - Doug Maxwell - YouTube Audio Library

DISCLAIMER: This video is for educational and informational purposes only. It is not intended to render tax advice for any specific situation. It you have questions about your specific situation, please check the resources above or consult a qualified tax professional in your community.

The information in this video is based on tax law and IRS regulations as of the date of publication.