subsection (c)(1)(G) thereof, against any information return made with respect to such individual under section 6050S (relating to returns relating to higher education tuition and related expenses). (b) Increased credit (1) Credit percentage and phaseout percentage The table contained in section 32(b)(1) of such Code is amended by striking 7.65 each place it appears and inserting 15.3 . (2) Earned income amount and phaseout amount (A) In general The table contained in section 32(b)(2)(A) of such Code is amended— (i) by striking $4,220 and inserting $8,820 , and (ii) by striking $5,280 and inserting $10,425 . (B) Inflation adjustments Section 32(j)(1)(B) of such Code is amended— (i) by inserting except as provided in clause (iii) in clause (i) before in the case of amounts , (ii) by striking and at the end of clause (i), by striking the period at the end of clause (ii) and inserting , and , and by adding at the end the following new clause: (iii) in the case of the $8,820 and $10,425 amounts in subsection (b)(2)(A), by substituting calendar year 2012 for calendar year 1992 in subparagraph (B) of such section 1. . (c) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act. 3. Taxpayer eligible for credit for individuals with no qualifying children if qualifying children do not have valid Social Security numbers (a) In general Section 32(c)(1)(F) of the Internal Revenue Code of 1986 is amended to read as follows: (F) Individuals who do not include TIN, etc., of any qualifying child In the case of any eligible individual who has one or more qualifying children, if— (i) no qualifying child of such individual is taken into account under subsection (b) by reason of paragraph (3)(D), and (ii) no child of such individual is taken into account for purposes of any other child tax benefit under this chapter, for purposes of the credit allowed under this section, such individual may be considered an eligible individual without a qualifying child.