Head of Household
Definition - What does Head of Household mean?
Head of household refers to one of the five tax filing statuses that an individual can choose when filing their taxes. To qualify for the head of household status, an individual must be unmarried and must pay more than half of the costs of running that household.
Justipedia explains Head of Household
Head of household holds a unique importance when it comes to filing one's tax returns. Generally the tax rates for a head of household is comparatively lower in several jurisdictions. If the spouse of a married person wasn't living with them for the last six months of the financial year, that person can also qualify for head of household if they satisfy the above mentioned criteria.
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