The Qualifying Surviving Spouse Filing Status
Most surviving spouses use the Single filing status for the years after their spouses' deaths. But certain driving spouses with qualifying children can choose a special filing status that gives them most of the tax benefits of the Married Filing Jointly status. This video goes into who qualifies for this status.
0:00 Introduction
0:31 What is the Qualified Surviving Spouse status?
1:31 Who is eligible to claim the QSS status?
4:03 How much can the QSS status save?
4:53 Conclusion
To view the original "Death and Taxes" video, click here: • Death and Taxes
For a refresher course in the criteria for claiming a dependent, click here: • Who qualifies as a dependent?
For more information about the Head of Household filing status, click here: • Could you be Head of Household?
Resources and Additional Information:
IRS Publication 501: "Dependents, Standard Deduction, and Filing Information": https://www.irs.gov/pub/irs-pdf/p501.pdf
Forbes.com: "2022-2023 Tax Brackets and Federal Income Tax Rates": https://www.forbes.com/advisor/taxes/...
Investopedia: "Who Is a Qualifying Widower or Widow? Tax filing Status Explained": https://www.investopedia.com/terms/q/...
The Tax Geek on The Site Formerly Known as Twitter: www.twitter.com@taxgeekusa
The Tax Geek on Reddit: www.reddit.com/r/askataxgeek
Image/Video Sources:
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Intro Music: "Bluesy Vibes" - Doug Maxwell - YouTube Creator Music
Outro Music: "Modern Attempt" - Track Tribe under license from YouTube Creator Music
DISCLAIMER: This video is for educational and informational purposes only. It is not intended to render tax advice or financial advice for individual situations. If you have questions regarding your particular situation, please consult with a qualified tax or financial professional.