Combined Impacts of Child Tax Credit Provisions in the American Rescue Plan

2020, United States

Impacts of American Rescue Plan provisions making the Child Tax Credit fully refundable (no dollar cap or earnings limit) and increasing to $3,000/$3,600 in 2020 in the United States. (Limited to Taxpayers with Children Under Age 17)
Source: Institute on Taxation and Economic Policy microsimulation model, January 2021