Tax Model Analysis Options for Reforming the Child Tax Credit (April 2022)

Simulation Run April 22, 2022
  • T22-0003 – Extend the American Rescue Plan (ARP) Act's Increase in the CTC Credit Amount and Modification of Age Requirements and Make CTC Fully Refundable Regardless of Income Tax Liability or Earned Income by Expanded Cash Income Level
  • Simulation Run April 22, 2022
  • T22-0011 – Extend ARP Child Tax Credit Expansion, but Lower Phase Out Thresholds for Full Credit to $150,000 for Joint Filers/$112,500 for Heads of Household/$75,000 for Others Distribution of Federal Tax Change by Expanded Cash Income Level, 2022
  • T22-0010 – Extend ARP Child Tax Credit Expansion, but Lower Phase Out Thresholds for Additional $1,000/$1,600 Credit to $120,000 for Joint Filers/$90,000 for Heads of Household/$60,000 for Others Distribution of Federal Tax Change by Expanded Cash Income
  • T22-0009 – Extend ARP Child Tax Credit Expansion, but Lower Phase Out Thresholds for Additional $1,000/$1,600 Credit to $120,000 for Joint Filers/$90,000 for Heads of Household/$60,000 for Others Distribution of Federal Tax Change by Expanded Cash Income
  • T22-0012 – Extend ARP Child Tax Credit Expansion, but Lower Phase Out Thresholds for Full Credit to $150,000 for Joint Filers/$112,500 for Heads of Household/$75,000 for Others Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2022
  • Simulation Run April 22, 2022
  • T22-0008 – Extend ARP Child Tax Credit Expansion, but Phase Out Additional $1,000/$1,600 Credit at Same Rates as Third Economic Impact Payment Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2022
  • T22-0007 – Extend ARP Child Tax Credit Expansion, but Phase Out Additional $1,000/$1,600 Credit at Same Rates as Third Economic Impact Payment Distribution of Federal Tax Change by Expanded Cash Income Level, 2022
  • T22-0006 – Make the Child Tax Credit (CTC) Fully Refundable Regardless of Income Tax Liability or Earned Income Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2022
  • Simulation Run April 22, 2022
  • T22-0005 – Make the Child Tax Credit (CTC) Fully Refundable Regardless of Income Tax Liability or Earned Income Distribution of Federal Tax Change by Expanded Cash Income Level, 2022
  • Simulation Run April 22, 2022
  • T22-0004 – Extend the American Rescue Plan (ARP) Act's Increase the CTC Credit Amount and Modification of Age Requirements and Make CTC Fully Refundable Regardless of Income Tax Liability or Earned Income by Expanded Cash Income Percentile 2022