Qualifying Widow/Widower


DEFINITION of 'Qualifying Widow/Widower'

A federal tax filing status available to widows and widowers for two years after their spouse's death. In the year the spouse dies, the widow or widower can (but is not required to) still file as married filing jointly; he or she could then file as qualifying widow/widower for the two years after that unless he or she remarries during that period. While the surviving spouse cannot continue to claim an exemption for the deceased spouse, he or she can take the same standard deduction as a married couple filing jointly. This filing status can ease the financial sting of losing a spouse.

BREAKING DOWN 'Qualifying Widow/Widower'

To claim this status, the IRS also requires that the taxpayer have a child who will be claimed as a dependent, that the child live in the home with the widow/widower all year, that the widow/widower will pay over half the cost of keeping up his or her home, and that the widow/widower was eligible to file a joint return in the year the spouse died.

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  1. 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 >>
  2. How does a qualifying widow obtain widow's allowance?

    The requirements that a widow must meet to obtain a widow's allowance include having a child who is claimed as a dependent ... Read Full Answer >>
  3. What are the requirements to file a tax return as a qualifying widow?

    The requirements to file a tax return using the qualifying widow filing status include not remarrying, having a dependent ... Read Full Answer >>
  4. 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 >>
  5. What are the best free online calculators for calculating my taxable income?

    Free online calculators for determining your taxable income are located at Bankrate.com, TaxACT.com and Moneychimp.com. Determining ... Read Full Answer >>
  6. In what instances does overhead qualify for certain tax allowances?

    Businesses are just as keen as anyone else to keep their tax burdens low by any means possible. Overhead expenses often qualify ... Read Full Answer >>

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