One of the best culinary aspects of watercress is its versatility. It can be used as a salad green (a very nutritious one!) with Romaine lettuce or fresh spinach, steamed and eaten as a vegetable, and in soups for a subtle, peppery flavor.ou could call watercress the first fast food. It was a free and therefore important source of sustenance throughout Europe and the US in the 19th century. Given the nickname poor man's bread, bunches were often rolled into a cone and eaten as an on-the-go breakfast sandwich â much less expensive than the real thing.
This income is below the threshold of $110,000, which means that Fred and Amy will be able to claim a $3,000 tax credit on their income taxes (3 children x $1,000 tax credit per child). Now, let us assume the same situation as above, except that now Fred and Amy report $130,000 as their income on their joint return.
Claiming a child reduces your taxable income by the value of an exemption -- $3,800 as of 2012. In addition, only the parent claiming the dependent qualifies to claim several other tax benefits including the child tax credit. And when it comes time for the child to go to college, only the parent claiming the child can claim a tax break such as the American opportunity credit or lifetime learning credit.