Tax Policy Center

Child and Dependent Care Tax Credit

Individual Taxes: TaxVox
The Family Security Act 2.0 (FSA 2.0) framework introduced this past June by Senators Mitt Romney (R-UT), Steve Daines (R-MT), and Richard Burr (R-NC) emerged...
December 8, 2022Nikhita Airi
Individual Taxes: TaxVox
During the worst of the COVID-19 pandemic in 2020 and 2021, Congress substantially increased benefits for children, including big boosts in the Child Tax Credit...
November 22, 2022C. Eugene Steuerle
Individual Taxes: TaxVox
Would Extending More Generous Tax Credits Increase The Number Of Non-Income Tax Payers? We know the pandemic and the policy response to it dramatically increased...
August 25, 2021Howard Gleckman
: TaxVox
President-elect Joe Biden proposed a new $1.9 trillion pandemic relief plan last night that would substantially cut taxes for low- and moderate-income households, especially those...
January 15, 2021Howard Gleckman
Individual Taxes: TaxVox
The major individual income tax provisions in the House-passed Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act would cut taxes by an average of...
May 22, 2020Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
I asked some parents to make a choice. Their response was perhaps not what Warren hoped for, given her proposed Universal Child Care and Early Learning Act.
March 6, 2019Renu Zaretsky
Individual Taxes: TaxVox
President Trump, perhaps spurred on by his daughter Ivanka, wants to use the tax code to provide new government assistance to families with children. During...
July 5, 2017Elaine Maag
Individual Taxes: TaxVox
Two tax benefits—the child and dependent care tax credit (CDCTC) and the employer-provided child care exclusion—help families pay for work-related child care, but neither does...
March 23, 2017Elaine Maag
Individual Taxes: TaxVox
Lest you’re worried that Donald Trump doesn’t like babies, he’s come out with a proposal he says will reduce the cost of their care.
August 8, 2016Elaine Maag
Federal Budget and Economy: TaxVox
President Obama proposed three important changes to the way the federal government helps families with child care costs – increase direct subsidies for low-income families, increase tax credits for middle- and higher income families, and simplify the tax code (and offset some of the cost of the
January 22, 2015Elaine Maag