correct answers for revision
What are the five individual tax filing statuses? - CORRECT ANSWERS-1. Single
2. Married filing jointly
3. Married filing separately
4. Head of household
5. Qualified widow or widower
What's the significance of a tax filing status? - CORRECT ANSWERS-The taxpayer's tax filing status can
significantly effect their tax bill and which tax forms they will need to fill out.
Who might use the "single" tax filing status? - CORRECT ANSWERS-Unmarried people who do not qualify
for another filing status
Who might use the "Married filing jointly" filing status? - CORRECT ANSWERS-Most married couple
Who might use the "Married filing separately" status? - CORRECT ANSWERS-Married high earners,
people who think their spouses may be hiding income, or people whose spouses have tax liability
Who might use "Head of household" status? - CORRECT ANSWERS-Unmarried people paying at least half
the cost of housing and support for others
Who might use "Qualified widow or widower" filing status? - CORRECT ANSWERS-People who lost a
spouse and are supporting a child at home
Who is considered "unmarried" for head of household filing status? - CORRECT ANSWERS-- People who
are not legally married