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Single If You Can Be Claimed on Another Person S Tax Return, Use Filing Status 6 Form

Single If You Can Be Claimed on Another Person S Tax Return, Use Filing Status 6 Form

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welcome to Lesson Four on filing status dependence and exemptions publication 4012 is a great resource that's available throughout the entire training process you can find it online and you can also use it while taking the test you can download it from the link on the screen or the first time you get to a volunteer location it will be made available to you at the tax site the first thing that we're going talking about today is filing status why is filing status important there are so many different options as you can see here on the screen you can do married filing joint married filing separate qualifying widower but why does it matter filing status matters because there's a standard deduction tied to the filing status so each filing status has a different standard deduction and the standard deduction is a set dollar amount that's going to lower your taxable income so for someone who's married finally join on their tax return they're goin

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