T21-0229 – Tax Benefit of the Child Tax Credit (CTC), Extend ARP Provisions Including Full Refundability, by Expanded Cash Income Percentiles, 2022

Distribution of the federal tax benefit of the Child Tax Credit (CTC) assuming extension of the CTC credit increase amount and increase in eligible age enacted by the American Rescue Plan (ARP) Act and including full refundability of the credit regardless of income tax liability or earned income, by expanded cash income percentile for calendar year 2022.