IRS 1040 Filing Statuses Breakdown and When Can You Use them on 1040 Tax Returns
The Filing Status on a Form 1040 tax return determines the tax rates, standard deductions, and eligibility for tax credits. Hereโs a breakdown of the five filing statuses, along with when you can use each: 1. Single โ Who Can Use It? ๐ Key Notes: 2. Married Filing Jointly (MFJ) โ Who Can Use It? … Read more