A closer look at tax credits / Jacquelyn Ward, editor.

Online resource; title from PDF title page (EBSCO, viewed May 8, 2019).

Includes bibliographical references and index.

Intro; Contents; Preface; Chapter 1; The Child Tax Credit: Current Law(; Abstract; Introduction; Current Law; Detailed Overview of Current Credit; Maximum Credit per Child; Maximum Additional Child Tax Credit (ACTC) per Child, the Refundability Threshold and Refundability Rate; The Phaseout Threshold and Phaseout Rate; Definition of a Qualifying Child; ID Requirements to Claim the Child Tax Credit; Disallowance of the Credit Due to Fraud or Reckless Disregard of the Rules; Data on the Child Tax Credit; Total Child Tax Credit Dollars, 1998-2015; Total Child Tax Credit Dollars by Income Level

Share of Taxpayers with Children Receiving the Child Tax CreditAverage Child Tax Credit Amount; Chapter 2; Child and Dependent Care Tax Benefits: How They Work and Who Receives Them(; Abstract; Introduction; Child and Dependent Care Tax Credit; Eligibility for the Credit; Qualifying Expenses; In-Home Care Expenses; Out-of-Home Care Expenses; Rules Regarding Payments Made to Relatives Who Provide Care; Care Provider ID Test; Qualifying Individual; Earned Income Test; Filing Status; Calculating the Credit Amount; Limitations Based on Earned Income

Deemed Income in Cases Where an Individual is Incapable of Self-Care or a Full-Time StudentExclusion for Employer-Sponsored Child and Dependent Care Benefits; Interaction between the CDCTC and Exclusion for Employer-Sponsored Child and Dependent Care; Data on the CDCTC; Income Level of CDCTC Claimants/Average Credit Amount; Average Credit Amount over Time; Types of Qualifying Individuals Claimed for the Credit; Percentage of Taxpayers with Children Who Claim the CDCTC; Data on the Exclusion of Employer-Sponsored Child and Dependent Care

Appendix. What Is a "Dependent" for the Purposes of the Personal Exemption?Chapter 3; The Child and Dependent Care Credit: Impact of Selected Policy Options(; Abstract; Introduction; Overview of the CDCTC; Data Methods and Concepts; Key Terms Used in this Chapter; Selected Characteristics of CDCTC Recipients; Income/Earnings; Number of Children; Marital and Earnings Status; Child Care Expenses; Selected Policy Options; What Is the Impact of Making the Credit Refundable?; What Is the Impact of Converting the Credit to a Deduction?; What Is the Impact of Changing the Credit Rate?

What Is the Impact of Increasing the Amount of Qualifying Expenses?Conclusion; Appendix A. Policy Simulation Models; Federal Income Tax Calculator; TRIM3 Microsimulation Model; The Annual Social and Economic (ASEC) Supplement to the Current Population Survey; TRIM3 Microsimulation Model; Appendix B. Assumptions and Caveats of Analysis; Chapter 4; Adoption Tax Benefits: An Overview(; Abstract; Introduction; Brief Overview of Adoption in the United States; Number of Adoptions; Recent Trends in Number of Adoptions by Adoption Type; Costs of Adoption; The Adoption Tax Credit

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