Jem looks out for Scout andâokay, we'll say itâkind of bosses her around. He definitely tries to get her to do what he, in his superior knowledge from being four years older, knows she should do. Asserting Scout's inferiority, as younger and a girl, appears to be one way that Jem boosts his own ego. The Boo Radley play-acting game starts out as one of these ego-boosts. I know what we are going to play, he announced.
You get the full $1,000 credit no matter when during the year the child was born. Unlike a deduction that reduces the amount of income the government gets to tax, a credit reduces your tax bill dollar for dollar. So, the $1,000 child credit will reduce your tax bill by $1,000.
Each child under the age of 17 may earn you a tax credit of up to $1,000. This is in addition to the dependent child tax deduction. Tax credits mean a dollar per dollar reduction, so if you have two kids under age 17, you you owe the federal government that is $2,000 less if you meet the income qualification levels. As of 2012, for married couples filing jointly the limit is an adjusted gross income of $110,000.