Tax Policy Center

Fiscal Facts

September 28, 2020
Child Tax Credit in 2017 and 2018
The Tax Cuts and Jobs Act of 2017 expanded the Child Tax Credit and extended its benefits to higher-income taxpayers. For those with AGI over $100,000, benefits as a share of AGI increased five-fold from 0.1% to 0.5% between 2017 and 2018.