Tax Policy Center

Additional Child Tax Credit

Individual Taxes: TaxVox
The child tax credit (CTC) provides a credit of up to $2,000 per child for families with children under 17. But low-income families often get...
April 5, 2019Elaine Maag
Individual Taxes: TaxVox
Today could be a big day for many low- and moderate-income families. February 15 is the first day those who claim either an earned income...
February 15, 2017Elaine Maag
Individual Taxes: TaxVox
Congress could significantly help low-income families with children by making current eligibility rules for the Child Tax Credit (CTC) permanent. If lawmakers allow the current threshold to expire as scheduled after 2017, families with children in the lowest income quintile will lose almost $700.
December 9, 2015Elaine Maag
: TaxVox
In the spending bill, inversion curbs could be curbed. The bill to fund the government through September 2015, scheduled for a House vote today and a Senate vote after that, waters down Democratic-supported curbs on corporate inversions. The Ds would have barred companies that move their tax
December 11, 2014Renu Zaretsky
Individual Taxes: TaxVox
co-authored with William G. Gale While most of the tax drama these days is focused on the fate of 50+ mostly-business tax breaks that expired nearly a year ago, lawmakers are also debating two provisions that are enormously important to low- and moderate-income households-the Child Tax Credit (CTC
December 3, 2014Elaine MaagWilliam G. Gale
Individual Taxes: TaxVox
Congresswoman Lynn Jenkins (R-KN) wants to expand the child tax credit (CTC) with the Child Tax Credit Improvement Act of 2014. She’s on the right track, but her proposed expansions are ill-targeted and fail to address the credit’s biggest looming issue: the change in refundability that will hit
June 30, 2014Elaine Maag