Number of families benefiting from the CTC 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 | 5588 |
$15,000 <= $30,000 | 8620 |
$30,000 <= $40,000 | 4062 |
$40,000 <= $50,000 | 3072 |
$50,000 <= $60,000 | 2537 |
$60,000 <= $75,000 | 3086 |
$75,000 <= $100,000 | 4055 |
$100,000 <= $200,000 | 3697 |
$200,000 and over | 2 |
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 | $ 977 |
$15,000 <= $30,000 | $ 1,632 |
$30,000 <= $40,000 | $ 1,746 |
$40,000 <= $50,000 | $ 1,777 |
$50,000 <= $60,000 | $ 1,731 |
$60,000 <= $75,000 | $ 1,745 |
$75,000 <= $100,000 | $ 1,740 |
$100,000 <= $200,000 | $ 1,403 |
$200,000 and over | $ 510 |
Notes: Figures include CTC as well as its a refundable component, the ACTC.
Source: EPI analysis of Office of Tax Analysis data