Estimates of the disitributional impacts of enacted federal Child Tax Credit expansion, by household income percentile
| Household income percentile | Household income range | Share of total tax benefits from expansion | Average increase in credit amount per eligible household |
|---|---|---|---|
| Lowest 20% | Less than $22,000 | $4,280 | |
| Second 20% | $22,000 to $43,400 | $3,170 | |
| Middle 20% | $43,400 to $69,200 | $2,810 | |
| Fourth 20% | $69,200 to $116,700 | $2,370 | |
| Next 15% | $116,700 to $248,400 | $2,100 | |
| Next 4% | $248,400 to $578,200 | $1,880 | |
| Top 1% | $578,200 or more | $1,810 |
