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Families who pay no federal income tax under the fully phased-in new tax laws

SHARE Families who pay no federal income tax under the fully phased-in new tax laws

Maximuim income without generating a federal income tax obligation:

Dependents Increased

under 17 Child Credit Tax cut Income Level

0 $0 $225 $14,900

1 500 1,225 27,800

2 1,000 1,925 38,700

3 1,500 2,425 48,266

4 2,000 2,925 57,833

5 2,500 3,425 67,400