She also claimed head of household filing status, child care credit and the child tax credit.
Going from a joint filing status to a single filing status could increase your taxes.
The EITC formula calculates your credit based on your salary, filing status and number of children.
That means, for 2012, you were single (unless another filing status like Head of Household or Qualifying Widower applies).
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To enable HCFA to determine the filing status of Medicare beneficiaries who may be covered under a group health plan.
And as I explained yesterday, being denied joint filing status protects same-sex partners with similar incomes from incurring marriage penalties.
If your gross income is above the threshold for your age and filing status, you should file a federal income tax return.
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Others claim to be trapped into non-filing status because of past decisions.
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Registered domestic partners cannot file using a married filing separately or jointly filing status, because they are not spouses as defined by federal law.
Taxpayers who share a home, regardless of filing status, may each claim the safe harbor deduction provided they have separate and distinct home office areas.
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Same-sex couples may also benefit from being denied joint filing status.
Conversely, if the total of those deductions is less than the standard deduction for your filing status, you will want to claim the standard deduction.
The above is a simplified example of how income tax liability may be affected by pending changes in the marginal tax rates and changes in filing status.
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Since then, creation of the head of household filing status and phaseouts for many credits and deductions have complicated the situation, often increasing penalties or reducing bonuses.
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There would be only one filing status for an individual.
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In those cases, the IRS has not been able to fix the problems directly because their records (as updated by the Urban Institute) do not reflect the proper filing status.
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If the total of those deductions exceed the standard deduction for your filing status, you will (in most cases) want to claim itemized deductions instead of claiming the standard deduction.
When to amend a return Generally, you should file an amended return if your filing status, number of dependents, total income, tax deductions or tax credits were reported incorrectly or omitted.
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Turns out I left out a significant group of tax filers, one that has recently had lots of confusing messages about just how to reflect their filing status: same sex couples.
Likewise , same-sex partners who are married under state law may not file using a married filing separately or jointly filing status because federal law does not treat same-sex partners as spouses.
Parents must wade through page after page of rules for the dependent exemption, head of household filing status, the Child Tax Credit (CTC), the Earned Income Tax Credit (EITC), college subsidies, and more.
Without the option of marriage, same-sex couples in years-long, committed partnerships regularly find themselves out in the cold when negotiating joint tax filing status, Social Security survivor benefits, hospital visitation, immigration and insurance benefits.
The work credit could subsidize all low-wage workers (replacing part of the EITC), while a child credit could replace the dependent exemption, the CTC, the head of household filing status, and the rest of the EITC.
For the years 2001 through 2003, petitioner claimed head of household filing status and two dependent exemptions, for his parents, Nouh Gaied Abdelshied and Yvonne Ishak Abdelmessih, on his federal, New Jersey and New York State tax returns.
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Consider Tax Filing Status Carefully.
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Q-2: Can registered domestic partners or same-sex spouses whose marriage is recognized under state law file federal tax returns using a married filing jointly or married filing separately status?
Like other experts, he advises these taxpayers to opt for the "married filing separately" status instead, which severs liability.
After a flurry of activity, many tax-exempts have forgotten about the forms and are now staring down the possibility of loss of status for filing to remain compliant with respect to reporting.
Ms Lerner said the number of such groups filing for tax-exempt status shot up between 2010-12, and the IRS sent all such applications to Cincinnati to streamline its operations.
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However, in your case, that will not help you with the EIC (earned income tax credit, sometimes called EITC) since you may not claim EIC if your status is married filing separately.
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