Research/Document Library

The Child Tax Credit: An Extra Tax Break for Working Families!

The Child Tax Credit (CTC)is a federal tax credit worth up to $1,000 in 2009 for each qualifying child under age 17 claimed on the worker’s tax return. Since 2001, the CTC has been available to millions more low- and moderate-income working families and provided many families a larger CTC than they could have received in the past. This “Additional CTC” is refundable, meaning some families can get the credit even if they owe no income tax. Eligible families can receive the “Additional CTC,” or CTC refund, in a check from the IRS.

Available online

http://eitcoutreach.org/

Full Title

The Child Tax Credit: An Extra Tax Break for Working Families!

Publisher

Center on Budget and Policy Priorities

Where published

Washington, D.C.