Model Estimate T21-0229 – Tax Benefit of the Child Tax Credit (CTC), Extend ARP Provisions Including Full Refundability, by Expanded Cash Income Percentiles, 2022 t21-0229.xls
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Distribution of the federal tax benefit of the Child Tax Credit (CTC) assuming extension of the CTC credit increase amount and increase in eligible age enacted by the American Rescue Plan (ARP) Act and including full refundability of the credit regardless of income tax liability or earned income, by expanded cash income percentile for calendar year 2022.

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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) Tax credits (individual) Tax expenditures (individual)
Model Estimate Resources