Tax Policy Center

Model Estimates

Browse Model Estimates

T21-0023 – Increase Child Tax Credit (CTC) Amount to $3,000 ($3,600 for Under 6), Extend CTC to Eligible 17 Year-Olds, and Make CTC Fully Refundable by Expanded Cash Income Percentile, 2021

Table shows the distributional impact, by expanded cash income percentile, of: increasing the CTC amount to $3,000 ($3,600 for children under 6), expanding eligibility to 17 year olds; and making the credit fully refundable regardless of income.

February 2, 2021