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State Payments

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finance1 year ago

"2024 Child Tax Credit Payments: Changes, Defections, and Bipartisan Pushback"

14 states are planning to send out additional child tax credit payments in 2024, with varying eligibility requirements and refundable amounts. These payments are separate from the federal child tax credit and are aimed at providing relief to families. The eligibility criteria and refundable amounts differ by state, with some states offering credits for children under age 6 and others extending the age range. It's important for families to check if they qualify for these state-specific child tax credit payments as the 2024 tax season begins.