qualifying widow/widower


A tax filing status to ease financial challenges after a loss. One can still file jointly in the year of the spouse's death, and for two more years in this federal filing status. After fulfilling certain criteria, one can take the same standard deduction as a married couple would for those two years.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
qualifying widow/widower with dependent child qualitative analysis