Tax Model Analysis Options to Expand the Additional Child Tax Credit (April 2018)

These tables show options to expand the Additional Child Tax Credit (ACTC), which is the refundable portion of the Child Tax Credit (CTC). They show the distributional and revenue implications of 3 options for a modified ACTC. Tables also show: the total federal tax benefits of the child tax credit from 2018 to 2027, both with and without the $500 non-refundable credit for non-CTC eligible dependents; and the distribution of the benefit of the CTC in 2018.

Simulation Run April 11, 2018
  • T18-0032 - Options to Change the Additional Child Tax Credit; Baseline: Current Law; Impact on Tax Revenue, 2018-27
  • T18-0033 - Tax Expenditure of Child Tax Credit; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2018
  • T18-0034 - Tax Expenditure of Child Tax Credit; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2018
  • T18-0035 - Option 1: Eliminate Cap on Additional Child Tax Credit and Set Earnings Threshold to $0; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Level, 2018
  • T18-0036 - Option 1: Eliminate Cap on Additional Child Tax Credit and Set Earnings Threshold to $0; Baseline: Current Law; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2018
  • T18-0037 - Option 2: Eliminate Cap on Additional Child Tax Credit, Set Earnings Threshold to $0, and Increase Phase-in rate to 50% for Families with Children Under 6; Distribution of Federal Tax Change by Expanded Cash Income Level, 2018
  • T18-0038 - Option 2: Eliminate Cap on Additional Child Tax Credit, Set Earnings Threshold to $0, and Increase Phase-in rate to 50% for Families with Children Under 6; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2018
  • T18-0039 - Option 3: Eliminate Cap on Additional Child Tax Credit, Eliminate Refundability Threshold, and Eliminate Phase in for Families with Children under 6; Distribution of Federal Tax Change by Expanded Cash Income Level, 2018
  • T18-0040 - Option 3: Eliminate Cap on Additional Child Tax Credit, Eliminate Refundability Threshold, and Eliminate Phase in for Families with Children under 6; Distribution of Federal Tax Change by Expanded Cash Income Percentile, 2018