My Blog
Technology

14 States Are Sending Out Child Tax Credit Payments in 2024. Is Yours?

14 States Are Sending Out Child Tax Credit Payments in 2024. Is Yours?
14 States Are Sending Out Child Tax Credit Payments in 2024. Is Yours?


With the 2024 tax season starting today, you’d be smart to look for any tax credits you qualify for. While you probably already know whether you’re eligible for the federal child tax credit of up to $2,000 per child, you might qualify for additional child tax credit money this year from your state.

On the federal level, lawmakers are working to expand child tax credit, which would increase the refundable amount by $200 per child. Congress is working to have a plan in place soon, but nothing is promised. We’ll keep you updated as more news develops.

Find out below if you live in one of the 14 states offering additional child tax credit relief, and the eligibility requirements for your state. For more tax information, here’s how to track a paper refund coming in the mail and how to file your taxes for free.

Which states are offering child tax credit checks?

These states plan to send child tax credit checks to families in 2024. Note that not all are fully refundable, which means you may need an income to receive the full amount owed to you.

California: Families who earn less than $25,000 are eligible to receive $1,000. Those earning between $25,000 and $30,000 would receive a reduced credit. The credit is only available for children under age 6 and the family must qualify for the California Earned Income Tax Credit.

Colorado: Families with incomes of $75,000 or less ($85,000 for married taxpayers filing jointly) could get up to $1,200 for each qualifying child. This credit is only available for children under age 6.

Idaho: Under Idaho’s nonrefundable child tax credit, families can get $205 for each qualifying child under 16.

Maine: Resident taxpayers are eligible to claim $300 for each qualifying child and dependent under the dependent exemption tax credit. Qualifying children and dependents are the same as those who were claimed under the federal child tax credit.

Maryland: Those who make $6,000 or less could get a $500 refundable tax credit for each qualifying child under 17 years old.

Massachusetts: Families are eligible to receive $180 for one dependent or $360 for multiple dependents. To qualify, dependents must be under 12 years old.

Minnesota: Families can receive $1,750 per qualifying child. The credit phases out for single filers with income above $29,500 and $35,000 for taxpayers filing jointly.

New Jersey: The New Jersey Child Tax Credit Program gives families with an income of $30,000 or less a refundable $500 tax credit for each child under 6 years old. Households earning up to $80,000 could qualify for $300. 

New Mexico: Families could be eligible for $75 to $175 per qualifying child, depending on income, through the 2031 tax year.

New York: Eligible families can either claim 33% of the federal child tax credit and federal additional child tax credit for qualifying children or $100 for each qualifying child. The state has expanded its credit to include children under age 4 — previously it was only for kids age 4 and up.

Oklahoma: Households with an income less than $100,000 are eligible to get 5% of the federal child tax credit (PDF).

Oregon: Families with an income less than $30,000 are eligible to get $1,000 for each child under age 5.

Utah: Eligible households can receive $1,000 per child between the ages of 1 and 4 years old. The amount decreases by $10 or every $1 in income that exceeds a certain income threshold.

Vermont: Households with an income less than $125,000 are eligible for $1,000 per child under age 5.

We’ll update this list as more states decide to send out child tax credit payments. To help you keep track all every you should know about taxes this year, we’ve put together a tax season cheat sheet.



Related posts

WhatsApp Adds Channels Where You Can Follow Teams, People, Groups

newsconquest

Elon Musk, Twitter and a Potential Legal Battle

newsconquest

Today Only: Save Up to $770 on Your New Samsung Galaxy Z Flip Foldable Phone

newsconquest