1. Short title This Act may be cited as the Advancing Support for Working Families Act . 2. Election to advance child tax credit (a) In general Section 24 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: (i) Election for advanced credit in year of birth or adoption (1) In general In the case of a taxpayer who makes an election under this subsection with respect to any applicable qualifying child— (A) the amount of the credit allowed under subsection (a) with respect to such applicable qualifying child for the taxable year in which such applicable qualifying child is born or adopted shall be increased by the applicable amount, and (B) the amount determined under subsection (d) shall be increased by the amount of credit allowed to the taxpayer under this section by reason of subparagraph (A). No election may be made under this subsection with respect to an applicable qualifying child unless the applicable qualifying child is alive at the time the election is made. (2) Offsetting reduction (A) In general Except as otherwise provided in this paragraph, if the amount of the credit allowed to the taxpayer under subsection (a) is increased under paragraph (1), the tax imposed by this chapter shall be increased by the applicable fraction of such increase for each taxable year in the offset period. (B) Applicable fraction For purposes of this paragraph, the term applicable fraction means a fraction— (i) the numerator of which is one, and (ii) the denominator of which is the total number of years in the offset period. (C) Exceptions (i) Death Subparagraph (A) shall not apply to any taxable year ending after the date of the death of— (I) the taxpayer, or (II) the applicable qualifying child with respect to the increase. (ii) Deferment (I) In general In the case of any taxpayer described in subclause (II) for the taxable year, no tax shall be imposed under subparagraph (A) for such taxable year and the number of taxable years in the offset period shall be increased (other