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

RSS

The voices of Tax Policy Center's researchers and staff

childless EITC

Tax Reform 2.0 Should Expand Childless EITC To Reduce Poverty

August 6, 2018 –
House Ways & Means Committee Chair Kevin Brady (R-TX) and other top House Republicans are exploring some ideas for a proposed tax reform 2.0 ,...

Filing Taxes: A Nonresident's Experiences

May 15, 2018 –
Along with over 100 million others, I recently filed my 2017 federal income tax return. This was a special occurrence, because it was the first...
Individual Taxes

How To Improve the Child Tax Credit for Very Low-Income Families

April 19, 2018 –
The Tax Cuts and Jobs Act made many changes to the individual income tax. In particular, the child tax credit (CTC) was increased to provide...
Individual Taxes

The TCJA Will Help Families With Children, But High Income Households Will Get Much Of The Benefit

December 22, 2017 –
The final version of the Tax Cuts and Jobs Act (TCJA) generally adopted the Senate provisions that directly affect families with children. As a result,...

Many Families with Children Won’t Be Helped By The House Version Of The Tax Cuts And Jobs Act

November 14, 2017 –
President Trump and House Republicans promised families a significant increase in the Child Tax Credit (CTC) . The House Ways & Means Committee’s Tax Cuts...

Child Tax Credit In The Unified Framework: Nothing To See Here

October 10, 2017 –
The Big Six Unified Framework promises a tax plan that “significantly increases the Child Tax Credit (CTC)”, but provides few details. If the child tax...

Increasing The Child Tax Credit for Young Children

September 12, 2017 –
President Trump and lawmakers such as Sen. Marco Rubio (R-FL) agree that the child tax credit should be improved. They might consider increasing the credit...
Individual Taxes

Why Trump Might Want To Shift Towards The Child Tax Credit For Low-Income Families

July 5, 2017 –
President Trump, perhaps spurred on by his daughter Ivanka, wants to use the tax code to provide new government assistance to families with children. During...
Individual Taxes

What Would A Refundable Child Care Credit Mean?

May 4, 2017 –
Last week, The Washington Post reported that the Trump Administration was considering making the child and dependent care tax credit (CDCTC) refundable . Earlier estimates...
Individual Taxes

Simplifying and Targeting Tax Subsidies for Child Care

March 23, 2017 –
Two tax benefits—the child and dependent care tax credit (CDCTC) and the employer-provided child care exclusion—help families pay for work-related child care, but neither does...