What HEAD OF HOUSEHOLD means: The filing status used by an unmarried taxpayer (or taxapyer who is considered unmarried) who pays over half the cost of maintaining his home that is the principal residence for over half the tax year of his qualifying child (whether or not the child is claimed as a dependent) or a qualifying relative who is claimed as a dependent. A dependent parent who does not live with the taxpayer may also qualify the taxpayer for the head of household status if qualifications are met.
- Definition Hybrid Method Of Accounting:
- Dictionary A combination of accounting methods, usually of the cash and accrual methods head of household definition.
- Definition Home Office Expenses:
- Dictionary Expenses of operating a portion of a residence used for business or employment-related purposes. Several restrictions limit the deduction for home-office expenses head of household explain.
- Definition Husband And Wife:
- Dictionary among other things, entitles a couple to file a joint income tax return. For the purpose of joint returns, common-law marriages are recognized only if the state in which the two persons reside head of household what is.
- Definition Hobby Loss:
- Dictionary A nondeductible loss arising from a personal hobby as contrasted with a loss arising from an activity engaged in for profit head of household meaning.
How works Head of Household meaning in Tax definitions H .
