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2024 Stimulus Check Update $1,000 Tax Credits and State Measures for Economic Security – Check Your Qualifications Now!

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Families in Vermont and several other states can expect a new child tax credit before tax season.

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Vermont Offers $1,000 Tax Credits for Parents with Children Under Six – Income Thresholds Apply

In Vermont, taxpayers can receive credits worth $1,000 per child under six years old.

The credit amount decreases for parents earning over $125,000, with a reduction of $20 for every $1,000 made over the threshold.

Those earning above $175,000 are not eligible for the credit.

READ ALSO: Unlocking Your Finances: The Earliest Date To Submit Your 2024 Tax Return

Income Returns for Part-Year Vermont Residents and Expanded Child Tax Credits in Multiple States

Residents who live in Vermont for part of the year can receive a return on income earned within the state, even without a Social Security number.

Additionally, child tax credits are available in California, Colorado, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New Mexico, New York, Oregon, Vermont, Idaho, Oklahoma, and Utah.

READ ALSO: Who Qualify For $1,000 Cash In Vermont? Here’s What You Should Know!

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