Additional New York State child and earned income tax payments (2024)

If you believe you are entitled to a check but didnotreceive one, it may be because we are still processing your return. If you filed an extension, please allow additional time for us to process your return and issue this one-time check.

The 2022–2023 New York State budget provides for one-time checks to eligible taxpayersfor two separate payments:

  • one based on the Empire State child credit, and
  • one based on the earned income credit (or noncustodial parent earned income credit).

If you qualify fora payment for one or both credits, you don't need to do anything; we will automatically calculate and sendyouonecheck that will include the total amount you’re entitled to.

Am I eligible?

You are entitled to a payment if, for tax year 2021, you received at least $100 for either or both of the following creditsfrom New York State:

You must also have filed your New York State income tax return (Form IT-201) by April 18, 2022, or had avalid extensionof time to file.

When will I get my check?

We started mailing checks to eligible taxpayers in October 2022, and continue to mail checks as we process returns.

Watch your mailbox for a check that looks like this:

Additional New York State child and earned income tax payments (1)

We cannot provide a specific delivery schedule, and our Contact Center representatives have no additional information.

How much is the check?

Your check amount will be based on your 2021Empire State child credit, your New York Stateearned income credit(ornoncustodial parent earned income credit), or both.

The payment for the Empire State child credit is anywhere from 25% to 100% of the amount of the credit you received for 2021. The percentage depends on your income.

The payment for the earned income credit (or noncustodial parent earned income credit) is25%of the amount of the credit you received for 2021.

If you qualify to receive a check for:

  • only one payment, your check is equal to that payment amount; or
  • both payments, add together your payment amounts to determine your check amount.

Note:If you received at least $100 for either credit, your check will include a payment based on that credit. For example, if your 2021 New York State earned income credit amount was $80, and your Empire State child credit was $200, your check will only include the payment for the Empire State child credit.

Estimate your check amount

To estimate the amount you'll receive, you'll needinformation from your 2021 New York State income tax return (Form IT-201).If you don’t have a copy of your return, log in to the software you used to file to view a copy, or request the information from your tax preparer (if you used one).

The actual amount you receive may be different than the amount you estimated if there were any adjustments to the amount of either credit claimed on your return. If we adjusted your credit amount, use the corrected amount in the account adjustment letter (DTF-160) or bill we sent you to estimate your additional payment.

Note:To protect your information, our Contact Center representatives cannot provide amounts from a return you filed.

Additional New York State child and earned income tax payments (2024)

FAQs

What is the additional NYS child and earned income tax payment? ›

The payment for the Empire State child credit is anywhere from 25% to 100% of the amount of the credit you received for 2021. The percentage depends on your income. The payment for the earned income credit (or noncustodial parent earned income credit) is 25% of the amount of the credit you received for 2021.

What triggers the calculation of the additional child tax credit? ›

You claim the child as a dependent. The child doesn't provide more than half of their own support. The child lived with you for more than half of the year. The child is a U.S. citizen, U.S. national, or U.S. resident alien.

Why do I only qualify for additional child tax credit? ›

When a taxpayer's child tax credit is more than their tax liability, they may be eligible to claim an additional child tax credit as well. The additional tax credit is for certain individuals who get less than the full amount of the child tax credit.

What is the earned income threshold for the additional child tax credit? ›

To qualify for the refundable portion of the credit, filers must earn at least $2,500. In tax years 2024 and 2025 (taxes filed in 2025 and 2026), filers could use their earned income from either the current year or the prior year to meet this requirement.

What does the additional child tax credit mean? ›

The Additional Child Tax Credit (ACTC) is the refundable portion of the Child Tax Credit. While the Child Tax Credit lowers your tax bill by up to $2,000 per qualifying child, none of that amount is refundable after it pushes your owed taxes to $0.

What is the dollar amount of the additional child tax credit per child? ›

If you qualify, you can receive a refundable portion, known as the additional child tax credit, which is worth up to $1,600 per child. Some families can also receive monthly payments instead of waiting until tax time.

What disqualifies you from earned income credit? ›

You can't claim the EIC unless your investment income is $11,000 or less. If your investment income is more than $11,000, you can't claim the credit. Use Worksheet 1 in this chapter to figure your investment income.

Can you get both EITC and child tax credit? ›

The CTC is worth up to 15% of your income, up to $2,000, but it is not fully refundable. It is phased out at a much lower level compared to the EITC and is intended to help almost all working families in raising their children. Accessing one does not restrict taxpayers from claiming the other.

Does additional child tax credit delay refunds? ›

Note that your refund could be delayed because you claimed the child tax credit or the earned income tax credit, which takes a bit longer to process. By law, the IRS couldn't begin sending tax refunds to those claiming the credits until the middle of February at the earliest.

Who qualifies for the $500 other dependent credit? ›

The maximum credit amount is $500 for each dependent who meets certain conditions. This credit can be claimed for: Dependents of any age, including those who are age 18 or older. Dependents who have Social Security numbers or Individual Taxpayer Identification numbers.

What is the 3600 Child Tax Credit? ›

Qualifying families with incomes less than $75,000 for single, $112,500 for head of household, or $150,000 for joint returns are eligible for the temporarily increased credit of $3,600 for children under 6 and $3,000 for children under 18.

How do I opt out of additional Child Tax Credit? ›

Q: Can I opt out of the advance Child Tax Credit payments? A: Yes, you can opt-out or unenroll at the IRS Child Tax Credit Update Portal. If passed into law, the changes to the Child Tax Credit in 2024 are significant and could financially impact families.

What are three requirements to qualify for Earned Income Credit? ›

You (and your spouse if you file a joint tax return) must:
  • Meet the EITC basic qualifying rules.
  • Have your main home in the United States for more than half the tax year. ...
  • Not be claimed as a qualifying child on anyone else's tax return.
  • Be at least age 25 but under age 65 (at least one spouse must meet the age rule)
Mar 18, 2024

How to calculate EITC? ›

If your adjusted gross income is greater than your earned income your Earned Income Credit is calculated with your adjusted gross income and compared to the amount you would have received with your earned income. The lower of these two calculated amounts is your Earned Income Credit.

What disqualifies you from Earned Income Credit 2024? ›

If you received more than $11,000 in investment income or income from rentals, royalties, or stock and other asset sales during 2023, you can't qualify for the EIC. This amount increases to $11,600 in 2024. You have to be 25 or older but under 65 to qualify for the EIC.

What is the difference between EIC and additional Child Tax Credit? ›

The child tax credit is a credit for having dependent children younger than age 17. The Earned Income Credit (EIC) is a credit for certain lower-income taxpayers, with or without children. If you're eligible, you can claim both credits. Learn more about the 2023 Child Tax Credit.

Is the extra Child Tax Credit over? ›

Both the corporate provisions and the Child Tax Credit provisions would be in place for three years — for tax years 2023, 2024, and 2025 — expiring at the end of 2025 like many tax provisions from the 2017 tax law. The package includes several additional modest provisions.

Did the CTC pass in 2024? ›

But the expanded CTC failed to materialize ahead of the April 15 tax deadline, and its future appears uncertain. The bill, called the Tax Relief for American Families and Workers Act of 2024, easily passed the House in February with bipartisan support.

How is EIC amount determined? ›

If your adjusted gross income is greater than your earned income your Earned Income Credit is calculated with your adjusted gross income and compared to the amount you would have received with your earned income. The lower of these two calculated amounts is your Earned Income Credit.

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