Model Estimate T23-0087 – Make the CTC Fully Refundable; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2023 t23-0087.xls
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Table shows the distribution of tax changes by expanded cash income level making the CTC fully refundable, 2023.

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Model Estimates Type Distribution Tables by Income Level
Primary topic Campaigns, Proposals, and Reforms
Topics Current legislative proposals Child tax credit (CTC)/Child and dependent care tax credit (CDCTC) Low-income households Tax credits (individual)
Model Estimates from the same Simulation Run November 28, 2023
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T23-0086 – Options to Modify Refundability of the Child Tax Credit (CTC); Baseline: Current Law; Impact on Tax Revenue (billions of current dollars), 2023-32 Calendar Years
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T23-0088 – Make the CTC Fully Refundable; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2023
Model Estimate Resources