Beaudoin, S., Lacko, A., Ashbrook, A. (2023). Expanded Child Tax Credits: A transformational opportunity to help families put food on the table (FRAC Research Brief). Food Research and Action Center. https://frac.org/wp-content/uploads/Expanded-Child-Tax-Credits-Research-Brief.pdf
Tag: child tax credit expansion
“It helped us more than I could have imagined”: How the 2021 Expanded Child Tax Credit Supported Families Raising Children with Disabilities
Summary The 2021 expanded Child Tax Credit (CTC) provided temporary enhancements to the existing CTC for the tax years 2021 and 2022. Under the expanded credit, families with children under the age of 18 were eligible to receive a credit of up to $3,000 per child ($3,600 for children under the age of 6). In […]
Expanded Child Tax Credit Payments Supported Families Raising Children with Disabilities
Summary The 2021 expanded Child Tax Credit (CTC) provided temporary enhancements to the existing CTC for the tax years 2021 and 2022. Under the expanded credit, families with children under the age of 18 were eligible to receive a credit of up to $3,000 per child ($3,600 for children under the age of 6). In […]
The Impact of the Expanded Child Tax Credit (CTC) on Families Raising Children with Disabilities
Join us and our partners for a webinar on findings from a recently published report on the impact of the expanded CTC on families raising children with disabilities.
The impacts of the 2021 expanded Child Tax Credit on family employment, nutrition, and financial well-being
The 2021 temporary expansion of the child tax credit (CTC) was unprecedented in its reach, lifting 3.7 million children out of poverty as of December 2021. It provided families with up to $3,600 for every child in the household under the age of six and up to $3,000 for every child between the ages of […]
Expanded Child Tax Credit payments have not reduced employment
Approximately 60 million American children living in 35 million households received monthly payments from the federal government as part of the temporary Child Tax Credit (CTC) expansion. Discourse over whether or not the expanded CTC caused parents to leave the workforce emerged during the period of the expanded credit. On one side, a large number […]
Employment, Financial and Well-being Effects of the 2021 Expanded Child Tax Credit: Wave 1 Executive Summary
The 2021 temporary expansion of the Child Tax Credit (CTC) is unprecedented in its reach and is predicted to cut American child poverty by more than half. The expanded CTC provides families with $3,600 for every child in the household under the age of six and $3,000 for every child between the ages of six […]
How are families in the U.S. using their Child Tax Credit payments? A 50 state analysis
The temporary expansion of the Child Tax Credit (CTC) is projected to cut American child poverty by more than half. The CTC expansion provides families with $3,600 for every child in the household under the age of six and $3,000 for every child between the ages of six and 17. The vast majority of U.S. […]
Delaying Tax Refunds for Earned Income Tax Credit and Additional Child Tax Credit Claimants
The Protecting Americans from Tax Hikes Act of 2015 requires the IRS to delay tax refunds for taxpayers who claim an earned income tax credit or additional child tax credit on their returns until at least February 15. The delay could help the IRS better check claims for these credits. But this new requirement will […]