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Head of Household
A tax filing status for individuals who are unmarried or considered unmarried, provide more than half of the household expenses, and have a qualifying person living with them.
Qualifying Child
A dependent who meets specific IRS criteria relating to relationship, age, support, and residence for tax purposes.
Keeping Up the Household
Refers to expenses incurred in maintaining a home, which, under certain conditions, might be deductible or relevant for tax credits.
Life Insurance Premiums
Life Insurance Premiums are the amounts paid to an insurance provider in exchange for life insurance coverage, providing financial protection or benefits to beneficiaries upon the insurer's death.
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