Implications for Changing the Child Tax Credit Refundability Threshold

Research Report

Implications for Changing the Child Tax Credit Refundability Threshold

July 24, 2014

Abstract

This Tax Fact explores the child tax credits refundability thresholds since its inception. Currently, the CTC is a $1,000-per-child credit that is partially refundable for households earning more than $3,000. This Tax Fact explores the distribution of credits when the refundability threshold rises to $15,000 in 2018, and finds that families in the lowest income quintile would be affected the most.

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