Starting today, qualified Connecticut families can apply for a one-time tax rebate of up to $750, the Commissioner of Revenue Services Mark Boughton announced in a statement that was mailed out last month to 300,000 families that are expected to be eligible.
The child tax credit was signed into law by Gov. Lamont in early May as part of a larger budget bill that included more than $600 million in tax cuts, the largest tax single year reduction in Connecticut history.
The child tax credit allows for a $250 rebate per child for up to three children 18 years old or younger. To qualify for the tax rebate, you must be a Connecticut resident, you must have claimed at least one child as a dependent on your 2021 federal income tax return who was 18 years of age or younger and must meet certain income thresholds.
“This is something that is a lifeline for people, for their ability to pay their bills and deal with the costs that are rising,” Rep. Sean Scanlon (D-Guilford) said during a press conference last month. “Connecticut is one of the few states in the nation that can say, very proudly as far as I’m concerned, that we understand how expensive it is to raise children now and this is a pro-family state.”
Single or married filing separately filers must meet an income threshold of $100,000 or less, head of household filers must make $169,000 or less and married couples that filed jointly must meet a $200,000 or less requirement. The child tax credit is expected to cost the state $125 million.
The application will be available on the Department of Revenue Services website starting today and qualified families with children must apply by June 31st to receive the rebate. Applicants should be expecting to receive rebate checks by late August, according to the governor’s office.
“This is a rebate of taxes you have paid, so make sure you take advantage of this opportunity,” Boughton said in the statement.
Those interested in applying can find the application here.