Advance payments of Minnesota's child tax credit begin
Nearly 18,000 Minnesota families are receiving a portion of the state's child tax credit starting this week.
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Nearly 18,000 Minnesota families are receiving a portion of the state's child tax credit starting this week.
Nearly 20,000 Minnesota families will see a boost to their bank account this week. They're getting part of a child tax credit early. The average payment is nearly $450. Caroline Cummings explains who's getting the credit and when the checks will arrive.
The Republican and DFL leads on the Minnesota House taxes panel on Tuesday unveiled their tax bipartisan proposal that leaves some of the more controversial provisions on the cutting room floor.
This time of year, filing taxes can be tough. But a new program could actually save Minnesota families money.
Minnesota Gov. Tim Walz visited a St. Paul community center on Tuesday morning to urge families to claim the child tax credit.
When Minnesotans file taxes next year, there will be a choice to get half of the state's child tax credit early in advance payments.
WCCO’s Caroline Cummings breaks down what families need to know about Minnesota’s Child Tax Credit payments.
Last year, state lawmakers signed off on what was billed as a nation-leading child tax credit program for low- and middle-income Minnesota families aimed at cutting child poverty by one-third.
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
Minnesota state leaders estimate nearly 300,000 families could qualify.
The child tax credit is $1,750 for anyone earning less than $29,500 per year, or $35,000 per family. But — and it's a significant "but" — people earning more than that can also qualify; they will just get less than the $1,750.
The new Minnesota child tax credit is giving parents more than $1,200 on average. An estimated 300,000 Minnesotans are eligible for the credit, with no limit on the number of kids.
The Child Tax Credit is one step closer to getting a major expansion, potentially putting more money in parents' pockets.
An analysis by Columbia University estimates the credit could slash child poverty in Minnesota by one-third.
Rep. Carlie Kotyza-Witthuhun joined us Sunday morning to talk about a bill she’s authored on a refundable child tax credit.
IRS officials say 9 million Americans are still eligible for stimulus aid, but clock is ticking to claim funds.
Some Americans, especially those who don't pay taxes, may still be due some pandemic money, a government report says.
The fifth round of advance Child Tax Credit payments went out Monday morning, and parents are already seeing the extra money in their bank accounts.
The next advance Child Tax Credit payment goes out next Monday, with direct deposits arriving almost immediately and mailed checks taking a little longer.
The third round of advance Child Tax Credit payments went out Friday morning, and parents are already seeing the extra money in their bank accounts.
The next advance Child Tax Credit payment goes out Friday, with direct deposits arriving almost immediately and mailed checks taking a little longer.
The next Child Tax Credit payment is due October 15, but some parents may prefer a lump-sum payment at tax time.
The next advance Child Tax Credit payment will be sent out this week, with direct deposits arriving almost immediately and mailed checks taking a little longer.
This is how the updated Child Tax Credit works, along with a few reasons why payments could be delayed, inaccurate, or come in a different form.
