R1 (1) - I N D I V I D U A L T A X A T I O N - F i l i n g S t a t u s Flashcards
N D I V I D U A L T A X A T I O N - Main principles
REF.R1/1 - I N D I V I D U A L T A X A T I O N FORMULA
REF.R1/2 - I N D I V I D U A L T A X A T I O N CONTENTS
REF.R1/3 - FORM 1040
I. FILING - Due Date
April 1 5.
I. FILING - Extension policy
With either extension, the due date for payment of taxes remains April 1 5.
II. FILING STATUS
1- Single-Use the End-of-Year Test 2-Joint Returns 3- Married Filing Separately 4- Qualifying Widow (Surviving Spouse) with Dependent Child 5- Head of Household
II. FILING STATUS - Single
1- Single at year end
2- Legally Separated
3- Dec.31 Decides the status (if single or joints)
II. FILING STATUS - Joint Returns
1- If married during the year
2- If one spouse dies during the year
what If divorced during the year?
a joint return may not be filed
II. FILING STATUS - Qualifying Widow (Surviving Spouse) with Dependent Child
1- Two Years after Spouse’s Death
2- Has a child who can be claimed as dependent
3- This child lives in home for all the current tax year
4- Paid over half of cost of keeping up a home for child
5- should have filed a joint return in the year the spouse died
II. FILING STATUS - Head of Household (Dependent عائل)
A. Dependent Son or Daughter
B. Father or Mother (not required to live with taxpayer)
C. Dependent Relatives (must live with taxpayer)
Who qualifying for dependent Son??
1- Legally adopted children
2- stepchildren
3- descendants احفاد
What is criteria of principal residence in household ??
Individual maintains as his or her home household that, for more than half Taxable year