Impact of the Expanded Child Tax Credit and its Expiration on Adult Psychological Well-being

This article investigates the effects of the expanded Child Tax Credit and its expiration on psychological distress of adults in households with children and its differential effects by gender, education, marital status, and race and ethnicity. The expanded Child Tax Credit led to a significant reduction in mild - but not moderate or severe - symptoms of psychological distress, especially among female, single, married, and Hispanic adults.