Tax Policy Center

Expansion of Child and Dependent Care Tax Credit (CDCTC)

Campaigns, Proposals, and Reforms: Low-Income Families and Children
Revenue impact of expanding the Child and Dependent Care Tax Credit (CDCTC) for years 2009 and 2010. Expansion would include allowing full refundability and indexing and altering the expense limit to be $5,000 per qualified child for a maximum of two children. This is in addition to President Obama
January 21, 2009