2022 Child Tax Credit Payment Schedule – Nine States Offer Checks for Up to $1,000
NINE states offer Americans checks for up to $1,000 in child tax credits.
As Washington remains at an impasse, state governments are passing their own child tax credits to help support families.
According to the National Conference of State Legislatures (NCSL), at least nine states offer child tax credits.
One of the most generous programs is in California, where low-income households can receive $1,000 credits.
Other states offer targeted assistance, such as Maryland which has legislated CTCs of $500 for families with disabled children.
In addition to states with existing CTC laws, 10 more have offered child tax credits since 2019 according to the NCSL.
Read our Child Tax Credit live blog for all the latest news and updates…
How the New York tax credit is calculated
New York compares two measures to determine a household’s CTC advantage.
Families will receive either 33% of their federal CTC payment amount or $100 for each eligible child, whichever is greater.
New York offers help for families
The Empire Child Tax Credit in New York provides support for families with children over the age of four but under the age of 17.
You are entitled to this refundable credit if you:
- Were a year-round resident of New York State or married to a year-round resident
- Have an eligible child, and
- You meet a of the following conditions:
- You get a federal child tax credit, an additional child tax credit, or a credit for other dependents
- Your recalculated federal AGI in New York is up to $110,000 (married filing jointly), up to $75,000 (single or head of household), or up to $55,000 (married filing separately)
Unlike many other major state programs, Maryland introduced a Child Tax Credit specifically for families with disabled children.
Households with an adjusted federal gross income of less than $6,000 and a disabled child 17 or younger can receive $500 per child.
Illinois CTC, continued
About 138,000 Illinois children fell into poverty after the expanded federal tax credit ended in December, according to The Telegraph.
According to HOI ABC, expanding the state’s EITC and introducing a tax credit could help arrest this fall and cost less than 1% of annual state spending.
Illinois plans to create a CTC
Democratic lawmakers in Illinois have introduced legislation that would create a child tax credit in the state and expand the Earned Income Tax Credit (EITC).
If passed, the bill would provide tax filers with dependent children with a fully refundable tax credit of $600 starting in 2024.
More than one million New Illinoisans would also be eligible for the EITC if the bill becomes law.
Maine introduces CTC and other family support programs
Last year, the Maine legislature approved a $300 per family tax credit for each child or dependent eligible for federal CTC.
Additionally, Governor Janet Mills signed a budget bill this year that will provide additional relief to families.
The budget included funding for universal free lunches in public schools and an expansion of the Children’s Health Insurance Program to cover an additional 40,000 Maine children.
The Idaho child tax credit is non-refundable and set at a flat rate of $205 per eligible child.
The state defines an “eligible child” using the same definition as the IRS — dependents under age 17 — so residents will receive an additional $205 for each child they already receive benefits for.
What is considered a childcare expense?
Day care, babysitters, transportation to and from caregivers, day camp, and before and after school activities are all considered child care expenses.
Your tax refund will include the amount for which you are eligible for the refund, according to CNET.
Credit for child care and dependent care, continued
The IRS website states that “the amount of the credit is a percentage of the amount of work-related expenses you paid to a care provider for the care of an eligible person.”
It can be claimed when filing a 2021 tax return.
Credit for child care and dependent care
A new program called Child and Dependent Care Credit could provide families with $4,000 per child.
This program is for taxpayers who paid child care expenses while working or looking for work.
Child Tax Credit for Pregnant Mothers Act (continued)
Pregnant women can still qualify for the credit if they have a miscarriage or stillbirth, but not if they have an abortion.
Utah Senator Mike Lee believes the bill would reduce the number of children born into poverty, but it has failed in recent years.
Child Tax Credit for Pregnant Mothers Act
Several Republican lawmakers are sponsoring a bill that would make pregnant women eligible for the child tax credit.
Pregnant women would be eligible for a credit of up to $2,000 at any stage of pregnancy.
California CTC, part three
The bill was introduced by Assemblyman Miguel Santiago, who called it a “game changer” following the federal government’s decision not to continue increasing CTC payments, according to The Center Square.
“We have now had 1.7 million children who have fallen back into poverty for families earning $30,000 and under, and the failure of the federal government to intervene has had devastating effects on families earning $30,000. and less,” Santiago said.
California CTC, continued
Golden State lawmakers also proposed a one-time $2,000 child tax credit for families with children 17 or younger earning less than $30,000.
Families already eligible for the Young Child Tax Credit could receive $3,000 for children under age 6.
California introduced a child tax credit specifically for residents who already qualify for the state working income tax credit (CalEITC).
CalEITC recipients with a child age 6 or younger may qualify for the Young Child Tax Credit (YCTC).
Families with a household income of less than $25,000 are eligible for a $1,000 credit.
Households earning between $25,000 and $30,000 can qualify for a reduced credit.
Connecticut CTC, Part Four
If passed, the proposal will compensate employees earning up to $150,000 a year between $200 and $1,000.
If workers want the money, they must file claims by October 1.
According to reports, lawmakers are considering setting up a program for state employees.
These are tax cuts that are going to make a difference for you right now,” Lamont added.
The governor also hinted last week, before the vote: “I think you see a budget that is going to take care of those most in need.”
Connecticut CTC, Part Three
Nearly $600 million in tax relief is included in Governor Ned Lamont’s budget.
The property tax credit will increase from $200 to $300.
According to News12, a $2,500 tax refund is available for a stillborn child.
Additionally, a pandemic pay structure for private sector workers has been proposed.
Connecticut CTC, continued
According to The Connecticut Mirror, single filers with an annual income of less than $100,000 and couples with an annual income of less than $200,000 are likely to qualify for the payment.
The planned system is estimated at $125 million and will benefit at least 600,000 children.
Families who are eligible for payout based on their salary in 2021 will most likely get it this summer or fall.
Thousands of Connecticut families could be eligible for a new child tax credit worth up to $250 per child.
On May 3, the state House of Representatives passed a $24.2 billion budget.
A tax benefit of $250 per child, up to three children, is one of the provisions included in the package.
State CTC Programs Part Four
Louisiana passed a bill exempting the refundable portion of the credit from garnishment or garnishment.
And North Carolina introduced a tax deduction of up to $3,000 for each child eligible for federal CTC.
State CTC Programs, Part Three
A handful of states have enacted CTC laws, but have not established their own credit.
Delaware, for example, began recognizing June 21 as Child Tax Credit Awareness Day in 2021.
State CTC Programs, continued
According to the National Conference of State Legislatures, in addition to states with existing CTCs, 10 more have offered child tax credits since 2019.
Lawmakers in New York and California have already proposed legislation that would expand their CTC programs.
State CTC programs
At least nine states have created their own child tax credit to supplement the federal credit.
Six of them – California, Colorado, Maryland, Massachusetts, New Mexico and New York – have refundable credits.
Maine, Idaho and Oklahoma introduced non-refundable child tax credits.
States called upon to provide expanded CTCs
With no planned federal expansion, the Center on Budget and Policy Priorities (CBPP) recently called on state lawmakers to introduce CTC payments.
“State policymakers should adopt fair and targeted approaches to help families meet basic needs by improving or expanding tax credits like CTCs,” wrote Samantha Waxman, senior policy analyst.
Not only can CTC payments help reduce poverty and support children and families, CBPP also noted that tax credits also improve local and state economies.
Family Security Act, Part Six
Democrats, on the other hand, have shown no tendency to accept a conditional benefit proposal.
However, if a version of the child tax credit is extended, most analysts expect it will involve a bipartisan plan.
Without Manchin’s support on a guaranteed child tax credit, Democrats may have to compromise.