Intuit Academy Tax Practice Exam

To qualify for Head of Household filing status, a taxpayer must be unmarried or considered unmarried on the last day of the tax year and must have paid more than half the cost of maintaining a home for themselves and a qualifying person, such as a child or other dependent. This status allows for a higher standard deduction and more favorable tax rates compared to filing as Single.

While other choices address different circumstances, they do not meet the specific criteria established for Head of Household. Being married with dependents does not apply since this filing status is meant for those who are unmarried. Filing jointly with a spouse directly conflicts with the requirement of not being married or being considered unmarried. Having a business loss does not relate to the qualification requirements for filing status and is not a factor in determining Head of Household eligibility. Therefore, the option referring to being unmarried and supporting a household aligns perfectly with the tax code's stipulations for this filing status.