Helping Low-Income Families Thrive
State Child Tax Credits: A Lifeline for Families in Need
According to MARCA, Fourteen states in the US are giving extra money to low-income families to help them take care of their children. This is called the Child Tax Credit (CTC). Some states are giving a lot of money, up to $1,000 or more, per child. This can help families with a big expense like food, housing, and clothing.
These state CTCs are important because they help families who need it most. Some states are even thinking about giving the money in smaller amounts throughout the year instead of all at once. This can help families pay for things they need right away.
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How Does Child Tax Credit Helping Low-Income Families (PHOTO: The Statehouse File)
Enhancing State Child Tax Credits: A Boost for Low-Income Families
Some states have been working to make their CTCs better. For example, some states are making sure the credit is fully refundable, which means it won’t go away if the family doesn’t owe any taxes. This can help more families get the help they need.
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