If you are getting divorced, be proactive and ask about how this life changing event can affect your income tax filing and taxes. It is never a good thing to be surprised with a large balance due on April 15.
Choosing the correct filing status is important. The correct status might save you money and could eliminate the IRS coming back and challenging the status on a previous tax filing.
Determining your filing status seems like a simple task. There are times when slight changes in your circumstances may require you to evaluate whether you have the correct filing status. Many facts can change your filing status such as divorce, marriage, death of a spouse or having a qualified person living in your household.