| Filing Status | |
 The category defining the type of tax-return form an individual will use. The filing status is closely tied to marital status. These are five filing statuses: 1. Single individual. 2. Married persons filing jointly or surviving spouse. 3. Married persons filing separately. 4. Head of households. 5. Qualifying window(er) with dependent child. |
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 The filing status is important because a person's tax bracket (and therefore the amount he or she must pay) is determined by marital status, number of children, occupation, and several other factors. You must file your status honestly, or it will be considered fraudulent and penalties will be assessed. |
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 For tax and retirement purposes what does being "single" mean? Year-End Tax Tips For Investors - We give you seven guidelines that may help you save money at tax time. A Long-Term Mindset Meets Dreaded Capital-Gains Tax - Investors would be wise to consider the impact of capital-gains tax on their returns. The Saver's Tax Credit: an Added Incentive to Fund Your Plan - Are tax deductions not inciting you to make contributions? Here's another reason to put money toward a next egg. Retirement Plan Tax Forms You May Need to File - Part 1 - Read this if you've taken early distributions or owe excess-contribution or excess-accumulation penalties. Retirement Plan Tax Forms You May Need to File - Part 2 - If you have a Roth IRA, you are responsible for keeping track of your pre-tax versus after-tax assets. |
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