Income Tax Filing Status And How To Know Which Status To Use!
When filing, marital status has a major impact on your income taxes. Your filing status for your tax return is based on your status on the last day of your tax year.
Filing Status Determines Your Tax Rate
The tax calculation is based on your filing status. You may be subject to a lower tax bracket, if you file jointly, than another taxpayer with the same income, who files single.
If you are married and you are the only wage earner in your family, you will benefit from the tax reduction. If both spouses work and bring home good salaries, the taxes will go up.
If you are unmarried and you claim a dependent on your tax return, you may claim the Head of Household filing status. If you qualify, you can benefit from a lower tax rate than single taxpayers.
Contact Joe Mastriano, today and get started on resolving your tax problems. With over 30 years of experience and thousands of satisfied clients, we are willing to do the work for you. We will file your returns, meet with the IRS, handle revenue officers, represent you in audits, file for appeals and more. We’ll do whatever it takes to solve your tax problem. Call today to speak with a representative. 713-774-4467
Let Us Help You With Your Income Tax Filing Status, Contact Us Today!
