What is Head of Household or HOH?
What is HOH?
Head of Household is a filing status that applies to taxpayers who are unmarried and have a qualifying dependent. You must also have paid more than half the cost of maintaining a home for you and your qualifying person to qualify for this filing status. If you are taking care of a parent who does not live with you but you provided more than half of their support, then they may also count as a qualifying dependent on your return.
What are the advantages of filing Head of Household (HOH)?
Filing as (HOH) or head of household gives you a higher standard deduction and lower tax rate than filing as a single person or as married filing separately, however you have to be single or separated and you must have a qualifying dependent ...
TIP#113 Head of household status
Filing as head of household gives you a higher standard deduction and lower tax rate than filing as a single person or as married filing separately.