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.
The child tax credit is worth up to $1,000 for each qualifying child. This credit can be both a nonrefundable and a refundable credit. The refundable portion of the child tax credit is called the additional child tax credit. To qualify for the child tax credit, both of these must apply: The qualifying child must be under age 17 at the end of the year.