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.
For taxpayers who do not need the full $1,000 per child to reduce their taxes to zero, there is the Additional Child Tax Credit. This credit allows qualified taxpayers to claim the balance of their Child Tax Credit as a refundable credit and pay any additional taxes or increase their refund. If you and your spouse will both work after the baby arrives, child care costs up to $3,000 for one child and $6,000 for more than one child may qualify for the nonrefundable tax credit, the Credit for Child and Dependent Care Expenses.