Lisa's Husband Died in 2015

question 29

Multiple Choice

Lisa's husband died in 2015. Lisa did not remarry, and continued to maintain a home for herself and her dependent daughter during 2016, 2017, and 2018 providing full support for herself and her daughter during these years. For 2018, Lisa's filing status is:

• A). Single
• B) Married filing separately
• C) Head of household
• D) Surviving spouse, using married filing jointly rate

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Definitions:

Interest And Principal

Refers to the two components of a loan payment: the interest (a percentage of the borrowed amount charged by the lender for using their money) and the principal (the original amount of the loan itself).

Early Years

An initial stage or period in the life cycle of an entity or project, often characterized by learning, growth, or development challenges.

Annuities Due

A sequence of identical installments paid at the start of successive periods across a predetermined duration.

Life Insurance

Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.