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  2. Head of household - Wikipedia

    en.wikipedia.org/wiki/Head_of_Household

    Usually have a qualifying person who lived with the head in the home for more than half of the tax year unless the qualifying person is a dependent parent Advocates of the head of household filing status argue that it is an important financial benefit to single parents, and particularly single mothers, who have reduced tax burdens as a result ...

  3. Rules for Claiming a Dependent on Your Tax Return - AOL

    www.aol.com/finance/rules-claiming-dependent-tax...

    Having trouble deciding if your Uncle Jack, Grandma Betty or daughter Joan qualifies as a dependent? Here's a cheat sheet to quickly assess which of your family members you can claim on your tax ...

  4. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

    www.aol.com/2024-tax-brackets-income-rates...

    In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.

  5. Child and Dependent Care Tax Credit: Eligibility, Benefits ...

    www.aol.com/child-dependent-care-tax-credit...

    The Child and Dependent Care Tax Credit can reduce your tax liability based on eligible care expenses for children or dependents. The idea behind the credit is that you and/or your spouse can ...

  6. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    St. Louis (earned income; income must be reported to the City of St. Louis if St. Louis tax is not withheld by employer; residents must file the Earnings tax form to report wages on which St. Louis income tax is not withheld and the Business Earnings tax form to report self-employment income) New Jersey: Newark (payroll only)

  7. Income tax threshold - Wikipedia

    en.wikipedia.org/wiki/Income_tax_threshold

    Income tax threshold in France, which was €6,088 in 2012. The standard deduction in the US, which was $12,000 in 2018 for a single person. Basic personal amount in Canada, which was C$11,809 in 2018. [4] Tax-free threshold in Australia, which was A$18,200 in 2023–24. [5] [6] Tax-free threshold in Greece, which was €9,545 in 2016. [7]