Discover how the child tax credit has transformed the lives of thousands of families in Minnesota

Category: Finance

Minnesota has distributed over $545 million in Child Tax Credits to more than 215,000 families in 2023, benefiting over 437,000 children. The initiative aims to enhance financial security for families, with an average credit of $1,244 per child. Governor Walz and Lieutenant Governor Flanagan emphasize its positive impact on reducing child poverty and supporting families. Starting in 2024, an advance payment option will be available, allowing families to receive credits throughout the year for better financial management.

Keywords: Child Tax Credit, Minnesota, financial support

Source: VIBES Noticias

Update At: 8/6/2024

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