Suozzi: “Millions of New York Families Will Receive Thousands of Dollars from Expanded Child Tax Credit”
To take advantage of this tax credit, Suozzi reminds New York families to file their tax returns before the May 17th deadline
Today, Congressman Tom Suozzi (D-Long Island, Queens) reminded New York families to take advantage of the newly expanded Child Tax Credit (CTC) by making sure they file their federal taxes by the May 17th deadline.
“If you have children under 17, you may be eligible for thousands of dollars under the expanded Child Tax Credit,” said Suozzi. “Make sure you file your federal income taxes May 17th. The expanded Child Tax Credit is a major boost for New York families and families across America.”
Congressman Tom Suozzi, who voted for this plan and advocated for the Child Tax Credit, has provided answers to Frequently Asked Questions below to help you to determine whether you are eligible. A one-page document from Suozzi’s Office on the Child Tax Credit is found here.
The IRS reports it is on track to begin sending out the “advance payments” as soon as July and will continue to distribute them monthly through December of this year.
Here is the data on the impact the expanded and improved CTC will have on each Congressional District on Long Island. More information on Co-Equal’s methodology can be found here.
New York’s 1st District: 70% of the children in the district would benefit from monthly child tax credit checks, and 3,500 children will be lifted out of poverty.
New York’s 2nd District: 70% of children in the district would benefit from monthly child tax credit checks, and 3,900 children will be lifted out of poverty.
New York’s 3rd District: 56% of children in the district would benefit from monthly child tax credit checks, and 3,700 children will be lifted out of poverty.
New York’s 4th District: 65.8% of children in the district would benefit from the monthly child tax credit checks, and 5,500 children will be lifted out of poverty.
New York’s 5th Congressional District: 83.5% of children in the district would benefit from the monthly child tax credit checks, and 9,500 children will be lifted out of poverty.