Back to Options to Enhance the Child Tax Credit (February 2021)
Model Estimate T21-0023 – Increase Child Tax Credit (CTC) Amount to $3,000 ($3,600 for Under 6), Extend CTC to Eligible 17 Year-Olds, and Make CTC Fully Refundable by Expanded Cash Income Percentile, 2021 t21-0023.xls
(225.5 KB)

Table shows the distributional impact, by expanded cash income percentile, of: increasing the CTC amount to $3,000 ($3,600 for children under 6), expanding eligibility to 17 year olds; and making the credit fully refundable regardless of income.
Model Estimates Type Distribution Tables by Income Percentile
Primary topic Campaigns, Proposals, and Reforms
Topics Current legislative proposals Child tax credit (CTC)/Child and dependent care tax credit (CDCTC) Income tax (individual) Tax credits (individual)
Model Estimates from the same Simulation Run February 2, 2021
Model Estimate
T21-0022 – Increase Child Tax Credit (CTC) Amount to $3,000 ($3,600 for Under 6), Extend CTC to Eligible 17 Year-Olds, and Make CTC Fully Refundable by Expanded Cash Income Level, 2021
Model Estimate
T21-0024 – Increase Child Tax Credit (CTC) Amount to $3,000 ($3,600 for Under 6), Extend CTC to Eligible 17 Year-Olds, and Make CTC Fully Refundable; Phase Down Increase in CTC Amount Starting at $75,000/$150,000 by Expanded Cash Income Level, 2021
Model Estimate
T21-0025 – Increase Child Tax Credit (CTC) Amount to $3,000 ($3,600 for Under 6), Extend CTC to Eligible 17 Year-Olds, and Make CTC Fully Refundable; Phase Down Increase in CTC Amount Starting at $75,000/$150,000 by Expanded Cash Income Percentile, 2021
Model Estimate Resources
  • Tax Model Resources
  • Guide to Tables
  • Videos
    •