Sunday, June 26

Child Tax Credit deadline: What should you do before July 31?

Connecticut Governor Ned Lamont has announced that families in the state can start applying to receive a state tax rebate of up to 250 dollars per child for a maximum of three children from June 1.

The measure is a part of the recently enacted 2022 Connecticut Child Tax Rebate that he signed into law in May earlier this year.

Any Connecticut resident who claimed at least one dependent child under the age of 18 on their 2021 federal income tax return might be eligible for the rebate.

“In addition to making groundbreaking investments in childcare, crime prevention, environmental protection, and caring for our most vulnerable, the budget that we just enacted provides relief specifically targeted for lower and middle-income families with children,” Governor Lamont stated in an official press release.

“The application period for this rebate will take place over the next several weeks, with the rebates going out in late August, just in time for the start of the next school year.

“I strongly urge all eligible families in Connecticut to submit an application so that the rebate can be sent to you with no delays.”

Child Tax Credits ncome guidelines

In order to determine one’s eligibility, individuals or households must meet the following income guidelines. For single or married individuals filing separately, the income threshold must be 100,000 dollars or less.

Head of household must make less than or equal to 160,000 dollars, while married couples filing jointly must not cross 200,000 dollars.

Individuals with higher income rates might be eligible to receive a reduced rebate based on their income.

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Child Tax Credits imeline

Those who are interested in filing for a rebate must apply to the Connecticut Department of Revenue Services.

The application period will open on June 1, 2022, and will close on July 31, 2022. This timeline will enable qualified recipients to receive funds starting in late August.

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