Child Tax Credit
Overview
The Child Tax Credit (CTC) helps qualifying parents with children under the age of 17 offset the cost of everyday household expenses.
CTC is designed to ensure that the tax code reflects the fact that families have more expenses and less disposable income than individuals and couples with the same income who don’t have children. Parents can use this credit for any expense, even those unrelated to the cost of raising children.
Top
Resources
FFYF Capsule Collection: Tax Policy and Child Care
Millions of American families today are struggling to find the affordable, reliable, quality child care they depend on to go to work. This has a devastating impact on our youngest …
Understanding the Difference Between the Child Tax Credit and the Child and Dependent Care Tax Credit — and Why We Need Both
Child care is not a luxury for American families – it’s a necessity. Yet the high costs associated with quality child care are rapidly out-pacing most other expenses faced by …
The First Five Things To Know About: The Federal Tax Code and Child Care
Millions of American families are struggling to find the affordable, reliable, quality child care they depend on to go to work. This has a devastating impact on our youngest learners, …
Latest
Updates
Subscribe to FFYF First Look
Every morning, FFYF reports on the latest child care & early learning news from across the country. Subscribe and take 5 minutes to know what’s happening in early childhood education.
FY25 Sees Strong Bipartisan Support for Child Care & Early Learning Funding
Dozens of Members of Congress from both sides of the aisle signed letters expressing support for important funding for child care and early learning programs. Each year, Members of Congress …
New Grant Opportunities for Supporting Kindergarten Transitions
Last week, the U.S. Department of Education (ED) announced two new grant opportunities that include invitational priorities to support transitions to kindergarten: The Teacher Quality Partnership (TQP) and The Comprehensive …
Can’t find what you’re looking for? Contact our policy team directly at mail@ffyf.org for more info.
