Child Tax Credit Update: Thousands could see credits worth up to $1,000

The child tax credit payments helped millions of Americans during the COVID-19 pandemic, and now some could see more help.

child tax credit paperwork

There are two bills making progress that could give parents up to $1,000 in relief.

Meanwhile, there are two states working to provide relief to their residents.

Which states are pushing child tax credit bills forward?

Connecticut Governor Ned Lamont has proposed a budget worth $24.2 billion dollars.

Included in the budget is a child tax credit for the state.

If it passes, parents could see up to $250 for each child in their household.

Can I claim the Child Tax Credit if I didn’t file a tax return?

The most parents will see is up to 3 children covered under the age of 17.

This equates to $750.

Single filers cannot make over $100,000 per year while joint filers cannot exceed $200,000.

600,000 families are estimated to benefit from this measure.

Vermont will pay families up to $1,000 for kids 5 and under with an income limit of $55,000.

The bill was revised and originally wanted to send $1,200 to families with kids 6 and under who made less than $200,000.