Brief A Reference Manual for Child Tax Benefits
Elaine Maag, Stephanie Rennane, C. Eugene Steuerle
Display Date
Download Report
(527.8 KB)

The individual income tax contains multiple provisions that favor families with children. They range from credits targeted towards low-income families to deductions that favor higher income families. Some provisions benefit a family by virtue of the family having children, others try to incentivize behavior such as work and going to school. This paper describes the various child-related provisions and shows the distribution of who benefits from the provisions. Benefits can be substantial. For example, a single parent with two children could receive a tax subsidy worth almost $9,000. The rules governing the provisions are complex and ripe for reform.
Research Areas Taxes and budgets Children and youth
Tags Economic well-being Individual taxes