Summary: R1 M1-M4

Read the summary and the most important questions on R1 M1-M4

• 1 Filing Requirements and Filing Status

• 1.2.2 When to File

• To when can one automatically extend the tax filing deadline?

  • Tax filing deadline can be extended to October 15.
  • Request an extension by April 15.

• 1.3.3 Married Filing Separately

• When may someone elect to file "Married Filing Separately"?

  A married taxpayer may file a separate return even if only one spouse has income for the year.

• 1.3.4 Qualifying Surviving Spouse With Dependent Child

• When may a taxpayer elect to file Qualifying Surviving Spouse with a Dependent Child?

  For each of the two years following the year of the spouse’s death, if:
  

  • The taxpayer did not remarry.
  • The taxpayer has a dependent child who lived in the taxpayer’s home for the entire year.
  • The taxpayer paid more than half the cost of maintaining the household.
  • The taxpayer was eligible to file a joint return with the deceased spouse for the year of death.

• 1.3.5 Head of Household

• When may a taxpayer may file as Head of Household?

  • Is unmarried on December 31
  • Pays more than half the cost of maintaining the household; and
  • Has a qualifying person, such as:
    • A qualifying child who lived in the home for more than half the year;
    • A qualifying relative who lived with the taxpayer for more than half the year; or
    • A dependent parent, even if the parent did not live with the taxpayer, provided the taxpayer paid more than half the cost of maintaining the parent’s principal home for the entire year.

• 1.4 Dependency Definitions

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• When can a dependent die and still be claimed on taxes?

  Anytime before the end of the tax year.

• 1.4.1 Qualifying Child

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• Who may claim a qualifying child if the child's parents did not?

  A taxpayer whose AGI is higher than the AGI of the highest parent

• When claiming a Qualifying Child, what defines the age limit?

  The kid needs to be younger than the taxpayer and under 19 or a full time student under 24, or totally disabled

• When claiming a Qualifying Child, what defines the residency requirement?

  The child must be in the same home a the taxpayer for more than half the year, a citizen of the US or a resident of the US, Canada, or Mexico, and cannot file a joint tax return (unless it was filed only for a refund)

• How much support must a taxpayer give a Qualifying Child?

  At least half of of the actual expenses incurred on behalf of the child, including support funded by welfare payments

• How much can a child make before they no longer qualify as a Qualifying Child?

  There is no limit.