Child Tax Credit, Hochul

Child Tax Credit for 2024: How Much You Get Compared to Previous Years
Child tax credits benefit parents and guardians when they file their yearly tax returns and typically provide a set amount per dependent child.
Hochul proposes largest increase on record for child tax credit
The proposal would raise the credit to a maximum of $1,000 per child — the largest expansion in state history.
N.Y. Families Could Receive Tax Credit of Up to $1,000 Under Hochul Plan
Gov. Kathy Hochul has now released two early proposals from her State of the State message that aim to address concerns over the high cost of living.
Gov. Hochul proposes expanding child tax credit up to $1,000 per child
The proposal would cover more than 2.75 million children, including an estimated 215,000 households on Long Island.
What Governor Hochul’s child tax credit boost proposal could mean for families in New York
Governor Kathy Hochul has proposed what she describes as the largest expansion of the child tax credit in New York State’s history.Eligible families could receive a yearly tax credit of up to $1,000 for each child under the age of four.
Child Tax Credit 2024: Find Out If You're Eligible
Currently, the credit is good for up to $2,000 per dependent child on your taxes. That full amount is "nonrefundable," meaning that you can only receive that much to lower your tax burden. However, up to $1,700 per child can be claimed as a "refundable" credit, meaning that it can be used to increase the amount you receive for your tax refund.
Gov. Hochul proposes subsidizing child care costs, construction of new centers
Hochul's proposal would use state funds to reduce the child care cost to $15 per week for households making up to $108,000 a year.
Hochul wants to boost state child tax credit
Affordability seems to be the key focus for Gov. Kathleen C. Hochul headed into the next legislative session in Albany, and on Monday the governor announced another plan to return more tax money to New Yorkers.
Hochul wants to triple New York's child tax credit
Gov. Kathy Hochul proposed expanding the Empire State Child Tax Credit. Unveiled as a preview of her upcoming 2025 State of the State address, the plan pays as much as $1,000 per child up to age 3, and $500 for kids aged 4 and 16.
A new tax credit for hydrogen helps out nuclear energy
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move ...
Biden administration finalizes clean electricity tax credits, says Trump should keep in place
Biden administration officials say new tax credits are available for companies that generate clean electricity and it would ...
These ae the requirements to receive up to $8,046 for the Earned Income Tax Credit refund (EITC)
There are a number of factors involved when determining eligibility for the tax refund which is one of the largest in the ...
Hosted on MSN4h
Clean energy tax credit safeguards could save taxpayers $1 trillion
Energy shows why new safeguards adopted by the U.S. Treasury Department are necessary to avoid substantial climate impacts ...
Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups
The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to ...
North Dakota governor unveils bold property tax plan in first State of the State address
North Dakota Gov. Kelly Armstrong unveiled a plan Tuesday that aims to eliminate property taxes for most homeowners within a ...
The American Opportunity Tax Credit (AOTC): How Much Is It Worth?
This tax break can help you offset $2,500 in qualifying expenses tied to your higher education. Here's what you need to know.
How parents, tipped workers, and EV drivers could see their taxes change in Trump's year of 'tax Super Bowl'
Trump's package of tax cuts and tweaks from 2017 is set to expire this year. Here's what that means for you.