Preparing income taxes online for the first time can feel overwhelming, but it can be endowing and rewarding. Income tax filing online isn't a hard thing, It just takes patience to make sure that you have followed all the instructions.

While you do Tax Filing Online you also need to choose your right filing status that will really helps in lowest possible income tax. Every U.S. tax payers have one and only one tax filing status.

Online tax filing for federal taxes is based on your marital and family situation. It is an important factor in determining whether you must file a return, your standard deduction and your correct amount of tax.

Your marital status on the last day of the year determines your status for the entire year. If more than one filing status applies to you, you may choose the one that gives you the lowest tax obligation.

There are five filing status options:

1. Single. Generally, if you are unmarried, divorced or legally separated according to your state law, your filing status is Single.


2. Married Filing Jointly. If you are married, you and your spouse may file a joint return. If your spouse died during the year and you did not remarry, you may still file a joint return with that spouse for the year of death.


3. Married Filing Separately. Married taxpayers may elect to file separate returns.


4. Head of Household. You generally must be unmarried and you must have paid more than half the cost of maintaining a home for you and a qualifying person.


5. Qualifying Widow(er) with Dependent Child. If your spouse died during 2005 or 2006, you have a qualifying child and meet certain other conditions; you may be able to choose this filing status.

More information about filing status see publication 501, Exemptions, Standard Deduction and Filing Information is available on the IRS websites.