Tax Policy Center

Tax Benefits of the Child Tax Credit (September 2021)

Individual Taxes: Revenue Tables

Aggregate tax expenditure amount ($ billions) for the child tax credit (CTC) for calendar years 2022-25 under three scenarios: current law; extension of the American Rescue Plan (ARP) Act's CTC expansion but retaining partial refundability; and extension of the ARP Act's CTC expansion including full refundability.

September 9, 2021
Individual Taxes: Distribution Tables by Income Level

Distribution of the federal tax benefit of the Child Tax Credit (CTC) under current law, by expanded cash income level for calendar year 2022.

September 9, 2021
Individual Taxes: Distribution Tables by Income Percentile

Distribution of the federal tax benefit of the Child Tax Credit (CTC) under current law, by expanded cash income percentile for calendar year 2022.

September 9, 2021
Individual Taxes: Distribution Tables by Income Level

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 but retaining the partial refundability rules under current law, by expanded cash income level for calendar year 2022.

September 9, 2021
Individual Taxes: Distribution Tables by Income Percentile

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 but retaining the partial refundability rules under current law, by expanded cash income percentile for calendar year 2022.

September 9, 2021
Individual Taxes: Distribution Tables by Income Level

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 level for calendar year 2022.

September 9, 2021
Individual Taxes: Distribution Tables by Income Percentile

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.

September 9, 2021