How much money can someone recieve by claiming head of house hold.

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pnpayne

Oct 15, 2008, 06:02 AM

I need to know how much money can one receive for claiming head of house hold.

ebaines

Oct 15, 2008, 06:09 AM

I need to know how much money can one receive for claiming head of house hold.

Nothing - you don't "receive" any money at all. However, the tax rates for someone filing as Head of Household are lower than if you file as Single. The difference depends on your income.

AtlantaTaxExpert

Oct 15, 2008, 12:11 PM

Further, you have to qualify for Head of Household, which essentially involves maintaining a home for a child.

MukatA

Oct 15, 2008, 08:52 PM

For 2008, the standard deduction for Head of Household is $8,000. It is $5,450 for Single.