# Filing Status

*Taxes — Finicade finance glossary*

Filing status determines your bracket thresholds and standard deduction: single, married filing jointly or separately, or head of household.

Filing status determines your bracket thresholds and standard deduction — single, married filing jointly, married filing separately, head of household, or qualifying widow(er). It's set by your situation on the last day of the tax year, so a December wedding counts for the whole year. Head of household is the most commonly missed: it gives a single parent materially better brackets than filing as single.

**Also known as:** married filing jointly, head of household, single filer

**Related terms:** [Standard Deduction](https://finicade.com/glossary/standard-deduction), [Tax Bracket](https://finicade.com/glossary/tax-bracket), [Dependent](https://finicade.com/glossary/dependent), [Form 1040](https://finicade.com/glossary/form-1040), [Marginal Tax Rate](https://finicade.com/glossary/marginal-tax-rate)

Source: https://finicade.com/glossary/filing-status
