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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Monday, January 16, 2006

Tightened Rules For "Head Of Household" Status

Claiming "Head of Household" Just Got Harder

When it comes to income taxes, a "dependent child" is a dependent child, yes? But Congress more or less unified the five different definitions of the term, starting in 2005. So now the one definition applies when calculating head-of-household filing status, the exemption for a dependent, the child tax credit, the child and dependent care credit and the earned-income tax credit.

Washington Post

2 Comments:

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