Qualified Widow Or Widower


DEFINITION of 'Qualified Widow Or Widower'

The least common of the five types of tax filing status each taxpayer must select from when preparing their personal tax return. A qualified widow or widower is entitled to use the "married filing jointly" tax rates on an individual return for up to two years following the death of the spouse.

BREAKING DOWN 'Qualified Widow Or Widower'

The qualified widow or widower status is provided as a measure of financial relief for those who have lost their spouse and may be struggling with medical or funeral bills. After two years, surviving spouses who have not remarried must file as either single or head of household.

  1. Widow's Allowance

    An allowance of funds and/or personal property received by a ...
  2. Filing Status

    A category that defines the type of tax return form an individual ...
  3. Married Filing Jointly

    A filing status for married couples that have wed before the ...
  4. Head Of Household

    A status held by the person in a household who is running the ...
  5. 1040 Form

    The standard Internal Revenue Service (IRS) form that individuals ...
  6. Single Filer

    The filing status used by a taxpayer who is unmarried and does ...
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  1. How does the marginal tax rate system work?

    The marginal tax rate is the rate of tax that income earners incur on each additional dollar of income. As the marginal tax ... Read Full Answer >>
  2. Does everyone have to file a federal tax return?

    This may come as a surprise to many individuals, but not everyone needs to file a federal tax return. According to the IRS, ... Read Full Answer >>
  3. Do financial advisors prepare tax returns for clients?

    Financial advisors engage in a wide variety of financial areas, including tax return preparation and tax planning for their ... Read Full Answer >>
  4. What is the difference between comprehensive income and gross income?

    Comprehensive income and gross income are similar, but comprehensive income is a specific term used on a company's financial ... Read Full Answer >>
  5. What tax breaks are afforded to a qualifying widow?

    The tax breaks accorded to qualifying widows or widowers include being able to use a tax filing status that allows for a ... Read Full Answer >>
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    Since yearly income is viewed by the Internal Revenue Service (IRS) as the total amount of income a person has made over ... Read Full Answer >>

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