Why might someone choose to file as 'Head of Household' instead of 'Single,' even if it takes more time?

To get a larger standard deduction.

What is the difference between a tax credit and a tax deduction?

A tax credit reduces your tax bill on a dollar-for-dollar basis, while a deduction reduces your taxable income.

Name: Filing a 1040EZ Tax Form
Author: Insta~Lesson

10th Grade · Social Studies · 45 min

I can complete a 1040EZ tax form using provided tax documents.

1
If you are unmarried and using the 1040EZ form, you must use the single filing status, unless you qualify for head of household status.
2
When filing a 1040EZ form, the IRS does not allow you to report any dependents.
3
The only tax credit you can claim on the 1040EZ form is the earned income tax credit.

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Filing A 1040ez Tax Form Lesson Plan for Grade 10th Grade | Free Social Studies Lesson