2023-11-02 21:00:14
Eligible taxpayers in the state of Idaho may apply for a child tax credit offered to Families with children under 17 years of age, who can receive up to $205 dollars.
Idaho is one of the few states that continues to distribute the child tax credit, this economic relief is non-refundable, this means that It is not part of the taxpayer’s income tax obligation.
However, despite the fact that its basis is a project that became law in 2018 and will expire on January 1, 2026, amounts cannot exceed a maximum of $205 per childIn addition, it can also be used for people with permanent disabilities.
This child tax credit is very similar to the federal child tax credit that expired in 2022 and which until then granted between $3,000 to $3,600 dollars for each member between 6 and 17 years old in eligible households.
To find out how to apply for this financial aid in the state of Idaho, you can consult the state website.
Other states with child tax credits
The New York Empire State Child Tax Credit will send qualifying families who have children between the ages of 4 and 16 payments of up to $330 dollars to cover part of their basic needs.
However, the exact amount will depend on the annual income of the eligible families, in this case a family with joint taxpayers. the income limit must be $100,000 or less to qualify.
For individual taxpayers or heads of families, the income limit to receive the payment must be $75,000 or less. Filers married but filing separately are eligible for up to $55,000 or less in income to qualify.
On the other hand, eligible families with children under 6 years old will be able to begin applying to receive a tax credit of up to $500 in Maryland, which will also begin to be distributed next year.
If you want to apply for the child tax credit in Maryland you can do so through the state website.
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