Practices like ability grouping, tracking, and standardized testing operate as status-reinforcing processes—amplifying then naturalizing unequal student outcomes. Using a longitudinal, ethnographic study following students from elementary to middle school, we examine whether math homework can operate similarly. Because of inequalities in families’ resources for supporting homework, higher-SES students’ homework was more consistently complete and correct than lower-SES students’ homework. Teachers acknowledged these unequal homework production contexts. Yet, official policies treated homework as an individual endeavor, leading teachers to interpret and respond to homework in status-reinforcing ways. Students with consistently correct and complete homework were seen as responsible, capable, and motivated and rewarded with praise and opportunities. Other students were seen as irresponsible, incapable, and unmotivated; they were punished and docked points. These practices were status-enhancing for higher-SES students and status-degrading for lower-SES students. We discuss implications for homework policies, parent involvement, and interpretations of inequalities in school.