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

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...

Immigrant Parents Are Less Aware of Child Tax Credit Than US-Born Parents and More Likely to Plan to Use It to Invest in Education, Fill Gaps in Child Care and Health Care

October 7, 2021 –
Immigrant parents are less likely to have heard about the expanded child tax credit (CTC) than parents born in the United States, according to a...
Individual Taxes

Whose Child Is It Anyway? The Ways & Means Definition Makes It Harder for The IRS To Know

September 27, 2021 –
To paraphrase Tolstoy , all simple families are alike; each complicated family is complicated in its own way. So when the tax code aims to...
Individual Taxes

An Expanded Child Tax Credit Would Reduce Child Poverty to Below 10 Percent in Nearly All States

September 8, 2021 –
The American Rescue Plan’s (ARP) expanded Child Tax Credit (CTC) would reduce child poverty in a typical year below 10 percent in 47 states –...
Individual Taxes

Would Extending More Generous Tax Credits Increase The Number Of Non-Income Tax Payers?

August 25, 2021 –
Would Extending More Generous Tax Credits Increase The Number Of Non-Income Tax Payers? We know the pandemic and the policy response to it dramatically increased...