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.
Generally, in order for someone to claim a child as a dependent on their taxes, a parent must provide at least 50% of the child's financial support during the tax year. For couples who are still married and living together, claiming kids as dependents is usually a slam-dunk. Using this form, the custodial parent can relinquish the exemption for one year, a number of years, or forever, depending on what the parties agree to. 2  If you relinquish the exemption, you are also relinquishing eligibility for the child tax credit.