16.1 FILLING STATUS

Question 1

WHAT ARE THE 5 FILLING STATUSES?

Answer 1

SEE FLOWCHART

Question 2

TO QUALIFY AS MFJ WHAT ARE THE GENERAL REQUIREMENTS?

Answer 2

FYI - WHEN ONE SPOUSE DIES DURING THE YEAR THE REMAINING SPOUSE IS TILL CONSIDERED MARRIED AND CAN FILE AS MFJ.

SEE SCREENSHOT

Question 3

TO QUALIFY AS QUALIFIED SURVIVING SPOUSE WHAT ARE THE GENERAL REQUIREMENTS?

Answer 3

SEE SCREENSHOT

Question 4

TO QUALIFY AS HOH WHAT ARE THE GENERAL REQUIREMENTS?

Answer 4

AN EXCEPTION TO THE RULE IS A PARENT, FOR A PARENT TO QUALIFY AS A DEPENDENT, THE TAXPAYER MUST PAY FOR MORE THAN 50% OF THE HOUSEHOLD IN WHICH THE PARENT RESIDES.

THE PARENT MUST BE EITHER A CITIZEN OF THE US, OR A RESIDENT OF THE U.S., MEXICO OR CANADA

Question 5

WHAT ARE CONSIDERED THE COST OF MAINTAINING A HOME?

Answer 5

SEE SCREENSHOT

Question 6

WHAT ARE THE TWO TEST THAT ALL DEPENDENTS MUST MEET?

Answer 6

SEE SCREENSHOT

A PERSON IS A TAXPAYER’S DEPENDENT IF ALL REQUIREMENTS ARE MET FOR A QUALIFYING CHILD OR A QUALIFYING RELATIVE.

UNDER A MULTIPLE SUPPORT AGREEMENT AN INDIVIDUAL WHO CONTRIBUTE MORE THAN 10% IS ENTITLED TO CLAIM THE DEPENDENT IF EACH PERSON CONTRIBUTING MORE THAN 10% SIGNS A CONSENT NOT TO CLAIM THE DEPENDENT

Question 7

WHAT IS THE CRITERIA FOR QUALIFYING CHILD?

Answer 7

Question 8

WHAT IS THE CRITERIA FOR QUALIFYING RELATIVE?

Answer 8

*GROSS INCOME FOR 2024 IS $5,050

Question 9

WHAT ARE THE COST ASSOCIATED WITH DETERMINING THE HOME UPKEEP FOR THE HOH STATUS AND THE COST FOR DETERMINING SUPPORT OF A DEPENDENT?

Answer 9

INCOME, SOCIAL SECURITY, AND MEDICARE TAXES PAID FROM THE INDIVIDUAL’S OWN INCOME, LIFE INSURANCE PREMIUMS, AND FUNERAL EXPENSES ARE EXCLUDED FROM DEPNDENT SUPPORT