Child Tax Credits Arriving Soon In Ohio, What Will You Get?

OHIO — Starting Thursday, families in Ohio can expect to see a financial boost by way of monthly payments based on how many and how old their children are.

As part of a sweeping $2 trillion stimulus package passed in March, Congress approved expanding the child tax credit. The changes include expanding child tax credits so families can receive $3,600 for children under 6 and $3,000 for those with children between 6 and 17 years old.

Payments come in the form of a monthly $300 check for children 6 and under, and a monthly $250 check for children 6 to 17. Families can also opt out of the payments and choose to receive the full, lump sum when they file their 2021 tax returns.

Funds will be deposited directly into bank accounts for families who filed their taxes in 2021. But those who have not can sign up for the credit here. Payments will continue through at least December, with Democrats angling to keep the credit rolling into 2022.

• Read more: How The New, Expanded Federal Child Tax Credit Will Work

People who are earning up to $112,500 a year and couples making up to $150,000 annually are eligible for the full credit under the new tax credit expansion. People and couples who bring in amounts exceeding those numbers are still eligible for the previously existing credit of $2,000.

According to the IRS, families must meet the following criteria to receive the child tax credit:

• Filed a 2019 or 2020 tax return and claimed the Child Tax Credit on the return; or
• Given the IRS information in 2020 to receive the Economic Impact Payment using the Non-Filers;
• Have a main home in the United States for more than half the year (the 50 states and the District of Columbia) or file a joint return with a spouse who has a main home in the United States for more than half the year; and
• A qualifying child who is under age 18 at the end of 2021 and who has a valid Social Security number; and
• Made less than certain income limits.

Patch editor Joey Oliver contributed to this report.