Families Lose the Young Child Tax Credit When Their Child Turns 6, Reducing Their Income
Amount of Money a Parent with 1 Child Qualifies for from the CalEITC and Young Child Tax Credit by Annual Earnings, Tax Year 2025
The chart displays the combined benefits amounts for a family with a 5-year old (left bar) and family with a 6-year old (right bar)with earnings of $0, $5,000 , $10,000 , $15,000 , $20,000 , $25,000 , $30,000. Overall the benefit levels for the family with a 5-year old is consistently higher than the benefits for the family with a 6-year old.
