- 1 Qualifying Widow(er) With Dependant
- 2 How to Keep My Widow Benefits If I Remarry?
- 2.0.1 [Summary] Social Security delivers a broad range of services online at socialsecurity.gov. We have a proud history of protecting the integrity of our programs and service to the public. Social Security benefits for remarried widows and widowers When a widow or
- 2.0.2 Social Security benefits for remarried widows and widowers
- 2.0.3 Remarriage Rules for Widows and Widowers | FiGuide
- 2.0.4 How to File a Tax Return with Widow or Widower Filing Status
- 2.0.5 Social Security: Survivors Benefits
- 2.0.6 Publication 501 (2016), Exemptions, Standard Deduction, and Filing Information
- 3 How To Figure Out Which Tax Filing Status Would Save You The Most
Qualifying Widow(er) With Dependant
The Qualifying Widow(er) tax filing status is a filing status that allows a surviving Widow (or Widower) to retain the tax benefits of the Married Filing Jointly status for two years after the year of your spouse's death.
A Qualifying Widow (or Widower) with a Dependent Child will get the same tax benefits that they would get if the spouse was still alive and they were using the Married Filing Jointly tax filing status.
The Qualifying Widow (or Widower) filing status entitles surviving spouses to use the Married Filing Jointly tax rates as well as the highest standard deduction amount (provided they do not itemize deductions).
Am I Eligible For Qualifying Widow or Widower?
For the two years after the year of your spouse's death, you can use the "Qualifying Widow(er) with a Dependent Child" filing status. To Qualify you must have a qualifying dependent child. You can use Qualifying Widow(er) filing status if all 5 of the following statements are true:
- For the tax year in which your spouse died, you filed (or could have filed) a joint tax return with your spouse.
- You did not remarry during the two years after the year of your spouse's death.
- You have a child or stepchild (not a foster child) whom you claim as a dependent.
- The child lived with you in your home all year, except for temporary absences. Several exceptions for birth, death, or kidnapping exist.
- Special Case: Temporary Absences: You are still considered to have lived together with your dependant in your home if either one of you was away for a temporary absence. Qualifying temporary absences include living away from home for school, business, medical treatment, military service, or vacation, with an expectation to return home after the absence. You must keep up the home during the absence.
- Special Case: Birth or Death of a Child: You can still file as Qualifying Widow (Widower) if your qualified child was born or died during the year, as long as you paid more than half of the cost for keeping up the home that you and the child lived in during the entire part of the year they were alive.
- Special Case: Kidnapped Child: If your dependent child was kidnapped, you can still file as Qualifying Widow(er) so long as all 3 of the following statements are true:
- To qualify -
- The child must be presumed by law enforcement to have been kidnapped by someone who is not yours or the child's family member.
- In the year that the kidnapping took place, the child lived with you for more than half of the portion of the year before they were kidnapped.
- You would have been able to file as Qualifying Widow(er) with a dependant child if the child had not been kidnapped.
- You paid more than half the total cost of keeping up the home in which you and the your dependant lived for the year. The total cost of keeping up a home includes rent, mortgage interest, home insurance, real estate taxes, utilities, repairs, maintenance, food expenses, and other household expenses.
You Cannot File as Qualifying Widow or Widower If
- You remarried during the year.
- If you do not have a dependent child for whom you kept up a home.
- After the two-year period has ended after your spouses death, you may no longer file as Qualifying Widow or Widower.
What Filing Status To Use Upon the Death of a Spouse?
As a surviving spouse, if your spouse died during the tax year, you can still use Married Filing Jointly as your filing status for that year (as long as you otherwise would have qualified if they hadn't died).
For two years after that, you may be eligible for the Qualifying Widow (or Widower) with Dependent Child filing status.
How To File as Qualifying Widow (Widower) with a Dependent Child?
You can claim the Qualifying Widow (Widower) filing status when you prepare your tax return on Form 1040 or 1040A.
Qualifying Widow (or Qualifying Widower) is a filing status that allows surviving spouses the opportunity to retain the benefits of the Married Filing Jointly status for two years after the year of the deceased spouse's death. You must have a eligible dependent child in order to file as a Qualifying Widow or Widower.
How to Keep My Widow Benefits If I Remarry?
From: Internet Comment Copy link December 25
Social Security delivers a broad range of services online at socialsecurity.gov. We have a proud history of protecting the integrity of our programs and service to the public.
Social Security benefits for remarried widows and widowers
When a widow or widower, or a surviving ex-spouse, waits until age 60 or later to remarry, they preserve the right to collect Social Security benefits on their deceased spouse's earnings record.
If they are entitled to their own Social Security retirement benefit as well, it presents some interesting planning opportunities to maximize lifetime benefits. But matters can get complicated when a new spouse enters the picture.
Remarriage Rules for Widows and Widowers | FiGuide
Jim Blankenship is the founder and principal of Blankenship Financial Planning, Ltd., a financial planning firm providing hourly, as-needed financial planning and advice. A financial services professional for over 25 years, Jim is a CFP professional and has earned the Enrolled Agent designation, a designation that qualifies him as enrolled to practice before the IRS. Jim is also a NAPFA-registered financial advisor, which designates him as a Fee-Only Financial Advisor.
How to File a Tax Return with Widow or Widower Filing Status
Qualifying Widow or Qualifying Widower Filing Status
What Is Qualifying Widow or Qualifying Widower?
Qualifying Widow (or Qualifying Widower) is a filing status that allows you to retain the benefits of the Married Filing Jointly status for two years after the year of your spouse's death.
You must have a dependent child in order to file as a Qualifying Widow or Widower. In fact, the full name of this filing status is actually "Qualifying Widow(er) with a Dependent Child".
Social Security: Survivors Benefits
The following is an explanation of the benefits that Social Security can provide for families surviving the loss of the family wage earner. The first part informs workers of the survivors benefits they pay for through tax dollars and how these benefits are earned.
Part 1 - If You're Working. What You Need To Know About Survivors Benefits
To be eligible for CHAMPVA, you cannot be eligible for TRICARE, and you must be in one of these categories:
An eligible CHAMPVA sponsor may be entitled to receive medical care through the VA health care system based on their own Veteran status. If the eligible CHAMPVA sponsor is the spouse of another eligible CHAMPVA sponsor, both may now be eligible for CHAMPVA benefits. In each instance where the eligible spouse requires medical attention, they may choose the VA health care system or coverage under CHAMPVA for their health care needs.
Publication 501 (2016), Exemptions, Standard Deduction, and Filing Information
You and your 5-year-old son lived all year with your mother, who paid the entire cost of keeping up the home. Your AGI is $10,000. Your mother's AGI is $25,000. Your son's father didn't live with you or your son.
Under the rules explained earlier for children of divorced or separated parents (or parents who live apart), your son is treated as the qualifying child of his father, who can claim an exemption and the child tax credit for him. Because of this, you can't claim an exemption or the child tax credit for your son. However, those rules don't allow your son's father to claim your son as a qualifying child for head of household filing status, the credit for child and dependent care expenses, the exclusion for dependent care benefits, the earned income credit, or the health coverage tax credit.
Social Security Widow Benefits and Survivors Q. What happens when widows or widowers who receive survivor benefits become eligible for their own retirement benefits? A. Social Security provides widows and widowers with considerable flexibility in dec
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How To Figure Out Which Tax Filing Status Would Save You The Most
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If you're unmarried and childless, your tax filing status probably seems like a nonissue. In the eyes of the IRS, you're single.
But what if you get married? Or what if you get divorced? What if you become a single parent?В How do you know what your status is, then?
And more importantly вЂ¦ why does it matter?
You can have one of five filing statuses.
In the eyes of the IRS, you can be:
- Married filing jointly
- Married filing separately
- Head of household (an unmarried person with a dependent)
- Qualifying widower with dependent child
Your filing status for the entire year is determined on December 31. If you're married, divorced, or widowed on the last day of the year, that will be your filing status for the 364 previous days.
Your filing status directly impacts how much you'll pay in taxes.
The IRS doesn't ask for your filing status out of sheer curiosity. Along with affecting your filing requirements and the total amount of tax you pay overall, the status you declare will determine two things in particular:
Your deductions. Deductions are costs which you can subtract from your taxes, reducing the total amount of your assets subject to tax. While people with more complicated tax situations might choose to itemize their deductions (list them all and calculate individual deductions for each), many people claim the "standard deduction," which is a set deduction determined by вЂ” you guessed it вЂ” your filing status.
Your tax bracket. Your tax bracket determines your tax rate, based on your income. Generally, the more you make, the more you pay, but it varies depending on your filing status. Tax Act provides a handy chart of the brackets, along with an easy tool to determine your own.
People with multiple statuses can choose the most advantageous.
If, on the last day of the year, more than one status applies to you, the IRS instructs you to choose the status that "gives you the lowest tax obligation."
Certified public accountant Manuel Pravia of Miami-based firm Morrison, Brown, Argiz, & Farra explains that generally, for unmarried people with similar taxable income, qualifying widower with a dependent child вЂ” if your situation applies вЂ” costs less than head of household, which costs less than single. "So an unmarried person with a dependent would be better off picking head of household instead of single," he explains. "If that dependent was a child and they were widowed within the past two years, they could pick any of the three, with qualified widower being the best."
For married couples, Pravia says, things aren't as clear cut: "The only way to identify whether joint or separate is the best filing status is to run through the calculation." In fact, he alludes to the "marriage penalty," which is the pattern of dual-income earners marrying and paying the price of being pushed into a higher bracket. If there's only one income earner, though, "the couple filing jointly would pay less than the income earner filing separate."