How do I choose my filing status? | IOOGO

How do I choose my filing status?

It’s important to use the right filing status when filing your tax return. Your filing status can affect the amount of tax you owe for the year. To keep it simple, IOOGO Tax determines the correct filing status for you based on your answers on the Living Situation page.

  1. If you were married at the end of 2019, or if you were widowed and your spouse passed away within the past year, we will ask if you want to file your return with your spouse. If your marital status on 12/31/2019 is single and you do not have any dependents, your filing status will be Single.
  2. Keep in mind, the Married Filing Jointly status may result in a larger standard deduction and additional tax benefits that lower your tax liability.
  3. There are instances where married couples choose to file separately. If you want to file separately from your spouse, select No to answer “Do you want to file this return together with your spouse?” Married Filing Separately status may benefit you if it results in less tax owed than if you file a joint tax return. Keep in mind that you may not qualify for additional tax benefits that filing jointly allows.
  4. If your marital status is single on 12/31/2019 and you have qualifying dependents, IOOGO Tax will check to see if you qualify for the Head of Household status. If you meet all the IRS conditions, we will select this filing status for you. The Head of Household status allows for a lower tax rate and a higher standard deduction.
  5. If you are a widow(er) at the end of 2019, your spouse passed away within the last 2 years and you have a qualifying child, IOOGO Tax will check to see if you qualify for the Qualifying Widow(er) status. This status may result in a larger standard deduction and lower your tax liability.