TaxVox: Child tax credit (CTC)/Child and dependent care tax credit (CDCTC)

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The voices of Tax Policy Center's researchers and staff

Individual Taxes

Let the Child Tax Credit Work

July 7, 2022 –
Congress has a chance to reduce child poverty by about one-third by making permanent the Child Tax Credit (CTC) that was in effect during 2021...
Individual Taxes

Economic Well-Being Improved in 2021, But Will It Continue?

June 7, 2022 –
Even though jobs are plentiful and wages are up, many families still face a shaky economic outlook. Higher than average inflation, which tends to hit...
Individual Taxes

Absent Roe v. Wade, Will “Qualifying Child” Mean More In The Tax Code?

June 1, 2022 –
Is tax law an appropriate place to decide whether a fetus is a child?
Individual Taxes

Congress Can More Modestly Expand The Child Tax Credit And Still Help Very Low-Income Families

April 28, 2022 –
As President Biden and congressional Democrats make another push to reach a compromise on a social spending, climate change, and tax bill, a key issue...

Many Low-Income Families May Not Get the Full Child Tax Credit Because They Won’t File A Tax Return

March 8, 2022 –
From July to December, the IRS delivered advanced payments of the 2021 expanded child tax credit (CTC) to the families of over 61 million children...
Individual Taxes

Should Congress Trade Temporary Assistance for Needy Families (TANF) For A Child Allowance?

February 15, 2022 –
As Congress struggles to develop a scaled back version of President Biden’s Build Back Better (BBB) plan, some observers (including my TPC colleague Howard Gleckman...
Individual Taxes

The Profound Philosophical Disagreement Over The Refundable Child Tax Credit

January 28, 2022 –
Often, tax policy debates can be settled by splitting the difference. You like a tax rate of 28 percent. I prefer 20 percent. Let’s settle...
Individual Taxes

What If Congress Made The Child Tax Credit Taxable?

January 12, 2022 –
As my colleague Elaine Maag noted the other day , Democrats are squabbling again (or is it still) over how to structure the Child Tax...
Individual Taxes

Should the Child Tax Credit Be Limited to Those with Lower Incomes, As Manchin Prefers?

January 4, 2022 –
In 2021, the Child Tax Credit (CTC), helped nearly all families with children . But this year, because American Rescue Plan (ARP) expansions have lapsed,...

The Child Tax Credit Could Be A Lifeline For Puerto Rican Families—But Only If They File

October 27, 2021 –
Among other changes to the child tax credit (CTC), the American Rescue Plan (ARP) made the CTC available to far more families in Puerto Rico...