Although the due date for your 2025 federal income tax return is a long way off (it's not until April 15, 2026), smart ...

One of the biggest advantages of filing as head of household is the higher standard deduction. For the 2024 tax year, heads of household can automatically deduct $21,900, compared to $14,600 for ...

Single parents and caregivers may be eligible to file as head of household. They get a bigger standard deduction than single filers and often lower tax rates. Your filing status is one of the most ...

The standard deduction amount for 2024 is $14,600 for single taxpayers and married couples filing separately, $21,900 for head of household filers, and $29,200 for married couples filing jointly.

For 2025, the additional standard deduction is $2,000 if you are single or file as head of household. If you're married, filing jointly or separately, the extra standard deduction amount is $1,600 ...

When I had my first child, I went from single to being eligible to file as head of household. I had a higher standard deduction, lower tax rate and a heftier refund. However, my taxes and filing ...

Depending on your tax-filing status, you are entitled to take one of the following standard deductions for the 2021 tax year: Single or married filing separately: $12,550. Head of household ...

Then I had a child and became eligible to file as head of household. This change significantly impacted my taxes, giving me a higher standard deduction and a lower tax rate, which increased my IRS ...

The standard deduction for tax year 2024 is $14,600 if you're single or married filing separately, $21,900 for head of household, and $29,200 for married couples filing jointly or qualifying ...

The 2019 standard deduction amounts are: $12,200 if you are single or married filing separately. $24,400 if you are married filing jointly. $18,350 if you are head of household. Standard ...