Requests for direct payments worth $750 close in ONE WEEK – 100,000 families could miss $125m pot
APPLICATIONS for Connecticut Child Tax Credits close in just one week as 100,000 still need to apply.
The July 31 deadline is fast approaching to claim up to $750 in credits.
As many as 350,000 families have been deemed eligible by the state, but only about half have applied according to the Connecticut Mirror.
On Tuesday, there were 165,621 applications from families to claim 258,819 children.
The credit would give parents $250 per child with a cap of three children, making the maximum return a person could get $750.
The state urges anyone who may qualify for the tax relief to submit a claim immediately.
Connecticut reported that approximately 2,000 to 3,000 applications are submitted daily.
To apply, applicants should visit the Department of Revenue Services online portal and click on “2022 CT Child Tax Rebate”.
Families can also work with the United Way for help.
Who is eligible
The following income criteria must be met to qualify for the credit:
- Single or married and separate deposit: $100,000 or less
- Head of household: $160,000 or less
- Married filing jointly: $200,000 or less
The rebate will be reduced by 10% for every $1,000 a household earns over those thresholds, depending on the state.
Any Connecticut parent who claimed at least one child, age 18 or younger, on their 2021 taxes can get the child tax credit.
Governor Ned Lamont said he expects the payments to be made in August.
More payments expected
As inflation makes it harder for families to make ends meet, more and more programs are offering help.
For example, hundreds of thousands of families can now easily claim federal child tax credits worth up to $3,600 per child.
An extension of the free, mobile-friendly GetCTC portal makes it easier for families in Puerto Rico to claim their credits.
The tool was rolled out for child tax credits last September in conjunction with the White House, the US Treasury and the Tech Organization Code for America.
It is particularly useful for those who do not usually file tax returns, as it helps them file a simplified return.
Puerto Rican families were not eligible for monthly advance payments in 2021 up to $300, so they will receive full credits in 2022 instead.
This equates to $3,600 for children aged five and under at the end of 2021 and $3,000 for children aged 6 to 17 at the end of 2021.
It takes about 10-15 minutes to complete a tax return on the GetCTC portal.
This comes as more states have released their own child tax credit programs.
Stay up to date on new CTC programs with live updates.