Tax Policy Center

Child Tax Benefits

Individual Taxes: TaxVox
Congresswoman Lynn Jenkins (R-KN) wants to expand the child tax credit (CTC) with the Child Tax Credit Improvement Act of 2014. She’s on the right track, but her proposed expansions are ill-targeted and fail to address the credit’s biggest looming issue: the change in refundability that will hit
June 30, 2014Elaine Maag
Individual Taxes: TaxVox
At an AEI panel discussion earlier this week, Senator Mike Lee (R-Utah) unveiled the Family Fairness and Opportunity Tax Reform Act . The centerpiece is an additional $2,500 tax credit for all children under age 17. The plan retains the $1,000 child tax credit under current law. Unlike the current
September 19, 2013Elaine Maag
Federal Budget and Economy: TaxVox
With only a weekend left to settle up with Uncle Sam, figuring out how much you owe (or stand to gain) is far from child’s play—particularly if you have kids. Parents must wade through page after page of rules for the dependent exemption, head of household filing status, the Child Tax Credit (CTC
April 14, 2011Elaine Maag