That is for this subsequent years taxes however I’m beginning to work on submitting my taxes for this previous yr and it obtained me serious about how this works. I’ve googled however simply wish to see if I’ve obtained this appropriate or if there’s higher choices!
Some necessary data which will play a component on this: My boyfriend and I’ve lived collectively for 2 years arising in March. We predict slightly woman in a couple of month in February. Proper now I’m not working. He works and is making slightly bit extra money than me even once I did have a job. We normally break up payments 50/50 when I’m working. We plan to resume our lease on the place we’re renting and don’t plan on getting married for one more two years a minimum of however in fact the long run is unpredictable. I’m undecided if insurance coverage performs a component in any respect however proper now I’m on Medicaid and child can be on that as properly.
I’ve filed single up to now few years and didn’t actually know something about submitting head of family however I imagine subsequent yr considered one of us can file HOH after which declare our daughter.
From what my googling mentioned, the one that makes extra money ought to declare the dependent for the higher tax break?
So realistically if he’s making extra money once I return to work, he ought to declare HOH after which declare her?
Thanks!
