New York Expands Child Tax Credit, Increasing Eligibility for Low-Income Families
New York has significantly expanded its Empire State Child Tax Credit, making it accessible to more families, including those with the lowest incomes. The expansion eliminates the minimum income requirement, allowing families with little or no income to qualify for the full credit. Eligible families can receive up to $1,000 per child under age 4 and up to $330 per child aged 4-16 for the current tax year. The credit will increase next year, with families able to claim up to $500 per child aged 4-16. To receive the credit, families must file a New York state tax return, even if they do not normally file or owe taxes. The expansion is expected to reduce child poverty by over 8% if all eligible families claim it. 
