10 Tax Tips For Singles

There are articles on tax tips for married couples, tax tips for senior citizens, tax tips for small business and home business operators, and dozens more, but what about tax tips for singles?  After all, they have to file income tax returns, too. There is still time to take advantage of them and possibly increase the amount of your refund, or lower the amount of taxes you have to pay.

  1. Check to see if you are eligible for the Earned Income Tax Credit, or EITC. This can be the most important of the ten tax tips for singles, because it is based on your income. In fact, for 2009 the earned and adjusted gross income eligibility level was $35,463 and below for single people who have one or more children that qualify as dependents.
  2. Also check to see if you can file under the “Head of Household” status. If you can, do so instead of filing under the status of “Single," as this could significantly reduce the amount of your tax liability.
  3. Did you lose your job in 2009? Unemployment benefits received in 2009 that did not exceed $2,400 are considered tax free. This applies to anyone who was unemployed, regardless of marital status, so single people qualify.
  4. If you are single but have a child or children, this is another important one of the ten tax tips for singles. That’s because the earned income amount was reduced to $3,000 for 2009. Additionally, you may also be eligible to claim up to $1,000 for any children you have less than 17 years old that you can claim as a dependent.
  5. If you are single and still in school, you are eligible for a tuition and fees deduction of up to $4,000. You must file an itemized tax return in order to claim this credit, and your modified adjusted gross income can’t be over $80,000. Still, this is another one of many good tax tips for singles that’s worth looking into.
  6. If you are single and a grandparent, this one of the tax tips for singles is especially for you. If you have custody of a grandchild or are otherwise legally considered to be raising that child, you may be eligible for some of the same tax breaks that single parents are. Organizations such as AARP and, of course, the IRS, can help you determine which tax breaks you may be eligible for.
  7. Remember that tax stimulus check you received a while back? You do not have to pay taxes on it, so don’t let anyone tell you differently. If they try to argue with you, show them this article with the tax tips for singles and tell them to read it themselves.
  8. This one of the ten tax tips for singles may be controversial, but it bears stating. If you are gay and in a monogamous long-term relationship, you may be upset that same-sex marriage is not recognized by the IRS. However, remember this: you may be entitled to more tax breaks when you file your own income tax return, claiming “single” status.
  9. Speaking of marriage, if you divorced at any time during 2009, the IRS considers you as having been unmarried for the entire year. So, you must file a return listing your status as single.
  10. If you were widowed during 2009, you are technically considered a single, so this last of the tax tips for singles is for you. First, you have our condolences on your loss. Second, you can file a joint return for 2009.


Tax Breaks Overview

Tax Help for Single Parents

Filing Information

Economic Stimulus Payment Information Center

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