The gallbladder is a small pear-shaped organ connected to your liver through the hepatic duct. It stores a substance called bile that flows from the liver. The gallbladder contracts to release bile through your intestines when you eat fat-containing food. Bile is a substance composed primarily of specialized salts that help emulsify fat, enabling intestinal absorption. Fat is one of six essential nutrients that your body needs to function properly.
In addition to being able to claim personal exemptions for each of their children, they may also qualify for a variety of related tax credits. One of these is the child tax credit, worth up to $1,000 per child in the 2016 and 2017 tax years.
The amount of penalty parents may face will change every year after 2016, the IRS said, and parents will face a phased-in penalty between 2014 and 2016. For 2014, parents could face a penalty of either $47.50 per child â under 18 â up to $285 total. For 2015, the per-child penalty is $162.50 per child up to $975 total.For 2016, the per-child penalty is $347.50 per child up to $2,085 total.or 2014, parents could face a penalty of either $47.50 per child â under 18 â up to $285 total. For 2015, the per-child penalty is $162.50 per child up to $975 total. For 2016, the per-child penalty is $347.50 per child up to $2,085 total.