Examlex
Simplify by using the Order of Operations Agreement.
Qualifying Widow(er)
A tax filing status allowing a widowed spouse to use married filing jointly tax rates for two years following the death of their spouse, if certain conditions are met.
Tax Liability
The total amount of tax that an individual, corporation, or other entity is legally obligated to pay to a taxing authority.
Single Person
An individual who is not married or in a romantic relationship that is formally recognized, especially with reference to legal or social status.
Full-Time Student
A status for individuals enrolled in a higher educational institution with a full course load, impacting tax credits and dependency status for taxes.
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