1.2 Filing Status and Residency Flashcards
1
Q
How many filing statuses are there?
A
Five
2
Q
What are the filing statuses that a taxpayer can select from?
A
Single Married Filing Jointly Married filing separate Head of Household Qualifying widow (Ed)
3
Q
A taxpayer is considered SINGLE if: A) Legally Divorced B) Legally separated under a decree of divorce or separate maintenance C) Unmarried D) All of the above
A
D
4
Q
Which status allows spouses to report all their combined income, allowable expenses, exemptions, and deductions?
A
Married Filing Jointly (MFJ)