Families in New York State have something to look forward to in 2025, thanks to the New York Child Tax Credit (CTC) expansion, which promises up to $1,000 per child under four and up to $500 per child aged four to sixteen. This initiative seeks to alleviate child poverty and provide additional financial assistance to working families.
Understanding who qualifies, when payments will be made, and how to claim the benefit are critical for eligible households. Here’s everything you need to know about the NY Child Tax Credit 2025, including how to ensure you get your full payment.
NY Child Tax Credit 2025
| Aspect | Details |
|---|---|
| Maximum Benefit | Up to $1,000 per child under 4 years old; $500 per child aged 4-16 |
| Income Eligibility | $75,000 (Single), $112,500 (Head of Household), $150,000 (Married Filing Jointly) |
| Payment Schedule | Payments issued after filing 2025 tax return |
| Residency Requirement | Must be a full-year NY resident or married to a full-year resident |
| Official Website | tax.ny.gov |
The New York Child Tax Credit 2025 provides an excellent opportunity for families to receive up to $1,000 per child to help with the costs of raising children. Whether you have a newborn or a teen, this credit can provide substantial financial relief.
Final Tip: To receive your funds as quickly as possible, file your 2025 New York State tax return on time and choose direct deposit.
What is the NY Child Tax Credit?
The New York Child Tax Credit (NY CTC) is a state-level tax benefit intended to supplement the federal Child Tax Credit. It offers direct financial assistance to families with dependent children by lowering tax liabilities and, in many cases, resulting in refundable tax credits.
The 2025 expansion of the New York CTC aims to:
- Increase the per-child credit amount for younger children.
- Ensure financial support reaches low- and middle-income families.
- Help offset childcare and educational costs for working parents.
Who is Eligible for the NY Child Tax Credit?
To qualify for the 2025 NY Child Tax Credit, you must meet the following criteria:
1. Residency Requirement
You must be a full-year resident of New York State or married to one.
2. Dependent Child Eligibility
- The child must be under 17 years old by December 31, 2025.
- The child must meet the federal CTC qualifications (U.S. citizen, national, or resident alien).
- The child must have a valid Social Security Number (SSN).
3. Income Limits for Maximum Benefits
Your Adjusted Gross Income (AGI) must be within these limits to receive full credit:
- Single Filers: Up to $75,000
- Head of Household: Up to $112,500
- Married Filing Jointly: Up to $150,000
Families with higher incomes may still qualify for a partial credit.
How Much Will You Receive From NY Child Tax Credit 2025?
The amount you receive depends on your child’s age and your income level:
- Children under 4 years old → Up to $1,000 per child
- Children aged 4-16 → Up to $500 per child
If your income exceeds the maximum limits, your credit may be reduced incrementally.
When Will You Get Paid?
Unlike the Advance CTC payments issued at the federal level in previous years, the NY Child Tax Credit 2025 will be paid after you file your 2025 tax return.
- Filing Opens: January 2026
- Expected Payment Window: March – May 2026 (as part of tax refunds)
For faster processing, opt for direct deposit when filing your taxes!
How to Claim the NY Child Tax Credit?
Claiming the credit is simple if you follow these steps:
1. File Your NY State Tax Return
Even if you don’t owe any state taxes, you must file a New York State tax return to receive the credit.
2. Include Your Dependent’s Information
Ensure you correctly list:
- Your child’s full name
- Social Security Number (SSN)
- Date of Birth
3. Report Your Income Accurately
Your Adjusted Gross Income (AGI) must be correctly calculated and reported. This affects whether you receive the full or partial credit.
4. Choose Direct Deposit
This is the fastest way to receive your refund, including any CTC payments.
Check tax.ny.gov for official filing instructions.
