$512 Additional Child Tax Credit For Eligible Americans With These 2 Criteria- Check It Now!

Maryland Offers Additional Child Tax Credit for Eligible Families

Maryland’s Supplemental Child Tax Credit Offers Potential Boost for Eligible Families

Exciting news for Maryland families! If you’re already benefiting from the federal child tax credit you might also qualify for an added bonus from the state. Maryland’s child tax credit supplements the federal program offering potential extra funds of up to $960 for eligible households. To be eligible you must meet the same requirements as for the federal credit such as having a child aged 17 or younger who resided with you for over half of the year and being able to claim them as a dependent on your tax return. The amount you receive from Maryland is income-dependent with lower-income families possibly qualifying for a higher percentage of the federal benefit translating to an additional $512 per child for those earning $30,000 or less.

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$512 Additional Child Tax Credit For Eligible Americans With These 2 Criteria- Check It Now! (PHOTO: The US Sun)

Child Tax Credit Claimants Could See Increased Refunds as IRS Adjusts Brackets

As tax season progresses, some filers have expressed concern about smaller refunds. However, for those claiming the child tax credit there’s still hope for a significant boost. The IRS has adjusted tax brackets upwards potentially leading to higher refunds for many particularly if their pay hasn’t kept up with inflation. If you’re wondering how much you might receive from the Maryland child tax credit you can easily calculate your amount using the state’s tax website. Don’t forget, the deadline to file taxes for most Americans is April 15th so be sure to take advantage of any credits you’re eligible for before then!

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