T10-0021 - Child and Dependent Care Tax Credit: Raise Phaseout Threshold and Make Fully Refundable; Baseline: Current Law with EGTRRA Extensions; Distribution by Cash Income Level, 2011

Distribution table for tax units benefiting from the child and dependent care tax credit under a scenario that extends the credit's EGTRRA provisions and allows it against the AMT and one that also raises the phaseout threshold to $85,000 and makes the credit refundable. Estimates assume a 50 percent participation rate.