In: Accounting
Walter is Jack’s widower father who dies on January 20, 2018. For the past several years, Walter has qualified as a dependent of the Smiths.
Is he still qualifies as a dependent on the tax return of 2018 or not. Explain
Solution:-
Is he still qualifies as a dependent on the tax return of 2018 or not:-
Yes, he still qualifies as a dependent on the tax return of 2018
Explanation:-
If your spouse died in 2018, you can use married filing jointly as your filing status for 2018 if you otherwise qualify to use that status. The year of death is the last year for which you can file jointly with your deceased spouse.
You may be eligible to use qualifying widow(er) with dependent child as your filing status for 2 years following the year your spouse died. For example, if your spouse died in 2018, and you haven't remarried, you may be able to use this filing status for 2019 and 2020.
This filing status entitles you to use joint return tax rates and the highest standard deduction amount (if you don't itemize deductions). It doesn't entitle you to file a joint return.
Eligibility rules. You are eligible to file your 2018 return as a qualifying widow(er) with dependent child if you meet all of the following tests.
After the two years, you may be able to file as Head of Household,
if you qualify.