Question

Write an essay on .. why parents are only the head of household

Answer 1

Answer:

The head of household status can lead to a lower taxable income and greater potential refund than the single filing status, but to qualify, you must meet certain criteria. To file as head of household, you must:

Pay for more than half of the household expenses

Be considered unmarried for the tax year, and

You must have a qualifying child or dependent.

Some of these terms, such as "considered unmarried" and "qualifying child or dependent" may seem a bit confusing, but the IRS has provided a series of guidelines to help taxpayers understand whether or not they qualify to file as head of household.

Maintaining a household

The first requirement for filing as head of household is that you must have paid for more than half of the expenses involved in maintaining your household during the tax year. This means that you must have paid more than half of the total household bills, including rent or mortgage, utility bills, insurance, property taxes, groceries, repairs and other common household expenses.

If you receive financial assistance toward your household expenses from a parent or other individual, you can still qualify to file as head of household as long as you are paying for more than 50 percent of the bills with your own earnings, savings, or capital.

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