Financial Help & Counseling

Child Tax Credit

The Child Tax Credit helps parents lower their tax bills per qualifying child. Parents and guardians with higher incomes may be eligible to claim a partial credit. If you are New York resident, you can receive tax credits when filing for state taxes.

Tax credit amounts are mostly based on three factors: marital status, income, and the number of dependent children.
Children must have a Social Security number for families to be eligible to receive the tax credit.
Check if you qualify with an IRS Interactive Tax Assistant at irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-for-other-dependents
You can claim the Child Tax Credit by entering your children and other dependents on Form 1040, U.S. Individual Income Tax Return, and attaching a completed Schedule 8812, Credits for Qualifying Children and Other Dependents
For Child Tax Credit with New York State, there are income criteria. Check if you qualify at www.tax.ny.gov/pit/credits/empire_state_child_credit.htm.

Learn more at irs.gov/credits-deductions/individuals/child-tax-credit.

Updated on February 27, 2024

Homeowner Repair Loans

Home Repair and Preservation Financing
HomeFix
Lead Hazard Reduction and Healthy Homes Program

If you are a homeowner in one of the five boroughs and need heating upgrades, plumbing or electrical repairs, lead paint removal, roof and window repairs, or other repairs you could receive a homeowner repair loan through the Department of Housing Preservation and Development. The program provides access to affordable low- or no-interest and potentially forgivable loans for home repairs to eligible owners of one- to four-family homes in New York City

For more information about this program by clicking on HomeFix. To find out if you qualify please visit Determine Eligibility.

Si es dueño de una casa en uno de los 5 condados de Nueva York y necesita modernizar su sistema de calefacción, hacer reparaciones eléctricas o de plomería, remover pintura a base de plomo, reparar techos y/o ventanas, o necesita hacer otro tipos de reparaciones, usted puede recibir un préstamo para propietarios a través del departamento de salud. Para más información siga el enlace HomeFix. Para conocer si califica para otros programa visite esta página.

Updated on December 6, 2020

Parent Handouts

Financial Help & Counseling

Child Tax Credit

The Child Tax Credit helps parents lower their tax bills per qualifying child. Parents and guardians with higher incomes may be eligible to claim a partial credit. If you are New York resident, you can receive tax credits when filing for state taxes.

Homeowner Repair Loans