Which of the following is Harpreet’s filing status for the tax year 2021?

To determine Harpreet's filing status for the tax year 2021, it is essential to examine the qualifications for each filing status. The Head of Household status is designed for individuals who are unmarried or considered unmarried on the last day of the year and have paid more than half the costs of maintaining their household for themselves and a qualifying person.

In this situation, if Harpreet qualifies as Head of Household, it signifies that Harpreet is likely unmarried, has dependents, and has taken on the financial responsibility of their living situation. Meeting all these criteria is what substantiates this filing status, which generally offers a more favorable tax rate and a higher standard deduction compared to the Single or Married Filing Separately statuses.

Employing the Head of Household status can significantly benefit taxpayers by providing potential lower tax rates and eligibility for various credits. Therefore, if all conditions for Head of Household status are satisfied, then it is indeed the correct filing status for Harpreet for the tax year 2021.