Four years ago, when Cox's spouse died, Cox filed a joint tax return for that year. Cox did not remarry, but continued to provid

Question

2 years ago

10

Four years ago, when Cox's spouse died, Cox filed a joint tax return for that year. Cox did not remarry, but continued to provid

e full support for a minor child who has been living with Cox. What is Cox's most advantageous filing status for the current year?

Business

1 answer:

ArbitrLikvidat [17] · Answer 1 · 2022-02-19T03:29:57+03:00

Answer:

Head of household.

Explanation:

Cox can qualify as a head of household because he provides full support for a minor child for more than six months.

Currently a head of household has lower tax rates compared to single filers or married people filing separately, head of household 22% tax rate starts at $52,851, while a single filer's 22% tax rate starts at $39,476.