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New York to Issue Supplemental Child Tax Credit Checks by End of August
Governor Hochul Announces Up to $330 Per Child for Eligible Low-Income Families
According to Marca, New York Governor Kathy Hochul announced that the state will issue supplemental checks to low-income parents under the state’s child tax credit program by the end of August. These payments are designed to provide additional support to families already benefiting from the Empire State child credit without requiring any further action from recipients. Eligible families will receive up to $330 per child depending on the amount they received from the Empire State child credit which is based on their federal adjusted gross income. For families with incomes below $10,000, the supplemental payment will match their child tax credit amount. Families with higher incomes will receive at least 25% of their credit amount.
Governor Hochul stated “We already know what Americans’ income is so we know their eligibility. We’re just trying to make it easier on them instead of having to file papers or go online.” This initiative is funded through the state’s budget with an allocation of $350 million for this year. Future funding will need to be approved in the next state budget for the possibility of additional payments in 2025. State Senate Majority Leader Andrea Stewart-Cousins emphasized that this measure is a response to the financial pressures faced by families in New York. While there has been discussion about adjusting the credit for inflation no such changes have been implemented. “Nobody disagrees that the cost of raising a family can be very very difficult and nobody disagrees that we as government have to find a way to alleviate that burden” Stewart-Cousins noted.
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$330 Supplemental Child Tax Credit Checks Coming to New York Families – Check Eligibility!(PHOTO: Omega Pacific)
Eligibility Criteria Outlined for New York‘s Supplemental Child Tax Credit
To be eligible for the Empire State child credit families must be full-time residents of New York or be married to a resident and meet specific income thresholds. Even if families did not receive a federal child tax credit they may still qualify for the state credit if their income is within the limits: $110,000 or less for married couples filing jointly $75,000 or less for single parents, and $55,000 or less for those married filing separately. This supplemental payment aims to ease the financial burden on low-income families offering them much-needed support during these challenging times. The state hopes this initiative will help families better manage the cost of raising children and improve their overall financial well-being.
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