Number of families benefiting from the CDCTC and average benefit, by adjusted gross income, tax year 2017
Number of families benefiting
Adjusted Gross Income | Number of families benefiting from CDCTC (in thousands) |
---|---|
$0 <= $15,000 | 4 |
$15,000 <= $30,000 | 576 |
$30,000 <= $40,000 | 677 |
$40,000 <= $50,000 | 571 |
$50,000 <= $60,000 | 486 |
$60,000 <= $75,000 | 606 |
$75,000 <= $100,000 | 971 |
$100,000 <= $200,000 | 1734 |
$200,000 and over | 626 |
Average income and payroll tax benefit
Adjusted Gross Income | Average income and payroll tax benefit for families benefiting from CTC and/or ACTC |
---|---|
$0 <= $15,000 | $ 61 |
$15,000 <= $30,000 | $ 435 |
$30,000 <= $40,000 | $ 611 |
$40,000 <= $50,000 | $ 558 |
$50,000 <= $60,000 | $ 521 |
$60,000 <= $75,000 | $ 559 |
$75,000 <= $100,000 | $ 575 |
$100,000 <= $200,000 | $ 575 |
$200,000 and over | $ 544 |
Source: EPI analysis of Office of Tax Analysis data