Besides the effect on the tax rates that will apply, filing status also has an impact on the amount of the standard deduction that is allowed. A taxpayer who is unmarried or separated from their spouse by a decree of divorce or separate maintenance and does not qualify for another filing status must use the rates for single taxpayers. Marital status is determined as of the last day of the tax year, except when a spouse dies during the year. In that case, marital status is determined as of the date of death.

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Yes filing status has a significant impact on tax rates and the amount of the standard deduction all... View the full answer