Question

Which of the following filing statuses is different for tax year 2017? Single. Married filing separately....

Which of the following filing statuses is different for tax year 2017? Single. Married filing separately. Head of household. Qualifying widow(er).

Homework Answers

Answer #1

Answer = Qualifying widow(er)

Explanation:

Before it was:

Qualifying Widow(er) is a filing status that allows you to retain the benefits of the Married Filing Jointly status for two years after the year of your spouse's death.

You must have a dependent child in order to file as a Qualifying Widow(er). In fact, the full name of this filing status was actually "Qualifying Widow(er) with a Dependent Child".

Changes in 2017,

A qualifying child no longer must be a dependent, and the name must be provided if not a dependent.

B) Name has changed to "Qualifying widow(er)" instead of "Qualifying widow(er) with a dependent child"

C)The Qualifying Widow(er) filing status will work like Head of Household.

For any query please comment and dont forget to give a thumbs up

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Diego, age 28, married Dolores, age 27, in 2017. Their salaries for the year amounted to...
Diego, age 28, married Dolores, age 27, in 2017. Their salaries for the year amounted to $88,750 and they had interest income of $2,660. Diego and Dolores' deductions for adjusted gross income amounted to $5,170; their itemized deductions were $8,425; they claimed two exemptions on their return; and, they filed a joint return. Table for the standard deduction Filing Status 2017 Standard Deduction Single $ 6,350 Married, filing jointly 12,700 Married, filing separately 6,350 Head of household 9,350 Qualifying widow(er)...
All of the following are income tax filing statuses, EXCEPT: a) Head of Household b) Single...
All of the following are income tax filing statuses, EXCEPT: a) Head of Household b) Single c) Domestic Partners d) Married
Determine the tax liability for tax year 2019 in each of the following instances. In each...
Determine the tax liability for tax year 2019 in each of the following instances. In each case, assume the taxpayer can take only the standard deduction. Use the appropriate Tax Tables and Tax Rate Schedules. A taxpayer filing married filing separately with AGI of $68,996 and one dependent. A qualifying widow, age 66, with AGI of $49,240 and one dependent. A head of household with AGI of $14,392 and two dependents. A head of household with AGI of $59,226 and...
The Joint Custody Head of Household Credit may not be claimed by which of the following...
The Joint Custody Head of Household Credit may not be claimed by which of the following taxpayers. Select one: a. A taxpayer using the married/RDP filing jointly status b. A taxpayer using the head of household filing status c. A taxpayer using the qualifying widow(er) filing status d. A and C cannot claim the credit e. All of the above cannot claim the credit
Calculate the 2017 AMT exemption amount for the following cases for a married taxpayer filing jointly,...
Calculate the 2017 AMT exemption amount for the following cases for a married taxpayer filing jointly, and a married taxpayer filing separately. Case AMT 1 $150,000 2 $300,000 3 $800,000 Click here to access the exemption table. Do not round computations, but round your final amounts to the nearest dollar. For each case above, compute the AMT exemption for 2017. Note: If an amount is zero, enter a "0". Do not round your intermediate computations and round your final answer...
Determine the tax liability for tax year 2019 in each of the following instances. In each...
Determine the tax liability for tax year 2019 in each of the following instances. In each case, assume the taxpayer can take only the standard deduction. Use the appropriate Tax Tables and Tax Rate Schedules. a. A single taxpayer, not head of household, with AGI of $23,493 and one dependent. b. A single taxpayer, not head of household, with AGI of $169,783 and no dependents. (Round your intermediate computations to 2 decimal places and final answer to the nearest dollar...
George and Jane Jetson were happily married until George's untimely death on September 20, 2018. Jane...
George and Jane Jetson were happily married until George's untimely death on September 20, 2018. Jane is self-supporting, and has remained unmarried since her husband's death. Jane lives with and supports their legally adopted son, Cosmo G. Spacely, age 10. Jane's filing status for 2019 is: Single Married Filing Separately Married Filing Jointly Qualifying Widow Head of Household
Sarah (53) is unmarried, and her two daughters, Beth (22) and Carol (19), lived with her...
Sarah (53) is unmarried, and her two daughters, Beth (22) and Carol (19), lived with her the entire year. Beth also has a daughter, Vicki (2), who lives with her mother and grandmother. Carol is a full-time student at Your Local Community College. Sarah’s wages were $37,250; Beth’s were $7,250; Carol and Vicki have no income. What is Sarah's correct and most favorable 2017 filing status? Single. Married filing jointly. Married filing separately. Head of household. Qualifying widow(er). What is...
#49 – Eric is single and has no dependents for 2019. He earned $60,000 and had...
#49 – Eric is single and has no dependents for 2019. He earned $60,000 and had deductions from gross income of $1,800 and itemized deductions of $12,400. Compute Eric’s income tax for the year using the Tax Rate Schedules.                #50 – Allen has taxable income of $75,475 for 2019. Using the Tax Rate Schedules in the Appendix, compute Allen’s income tax liability before tax credits and prepayments for each of the following filing statuses. Married filing jointly               Married...
Mark (age 55 in 2020) and his late wife, Mary, were married in 1990. Mark and...
Mark (age 55 in 2020) and his late wife, Mary, were married in 1990. Mark and Mary have a son, Matt, who was born in 2009. Mary passed away on October 4, 2020. Mark has not remarried. Mark maintained a household for Matt, his dependent child ( qualifying child), for all of 2020 & 2021. What allowable filing status will be most beneficial for Mark to use in 2021?    a) MFJ     b) MFS     c) Head of Household...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT