A honey bee colony typically consists of three kinds of adult bees: workers, drones, and a queen. Several thousand worker bees cooperate in nest building, food collection, and brood rearing. Each member has a definite task to perform, related to its adult age.
The Child Tax Credit is an important tax credit that may be worth as much as $1,000 per qualifying child depending upon your income. Here are 10 important facts from the IRS about this credit and how it may benefit your family.
Child Tax Credit for One Child. Family Earnings . Source: Urban-Brookings Tax Policy Center. Note: Assumes all income comes from earnings and that the child is under 17 and meets all tests to be a child tax credit qualifying child. When the refundability threshold jumps to almost $15,000, total benefits from the credit will shrink