There is no tax filing status that confuses taxpayers more than the one called head of household. When you hear the term, what comes to mind? The breadwinner? The main source of household income? To the Internal Revenue Service (IRS), it’s not that simple. There are many rules that determine who can file their taxes under the head of a household status.
While this status can maximize your tax savings, you must ensure that you follow IRS guidelines fully in order to avoid a potential IRS inquiry or audit.
