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What is Your Tax Filing Status?

2019 -07/26 Taxpayers generally don’t think about their tax filing status until it’s time to file. But you should be aware of it through the year, especially if there’s a change. Your filing status determines your filing requirements, standard deduction, eligibility for certain credits and the correct amount of taxes. Changes that may affect your status include marriage; divorce; birth or adoption of a child; and death. Your filing status is determined by your situation on the last day of the year. If more than one status may apply to you, this IRS tool should help: https://bit.ly/2JSM6hu

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