Mark is not married and has dependent parents.He pays more than half of the cost of keeping up a home for himself and his parents.His tax filing status is _____.

Question

Quizplus · Accepted Answer

Mark can qualify as head of household because he is unmarried, paid more than half the cost of keeping up a home, and his parents are his dependents. This tax filing status has lower tax rates than single taxpayers and offers a higher standard deduction.

Mark Is Not Married and Has Dependent Parents