Child tax credit: New Jersey families can receive up to $1,000 for tax year 2023

New Jersey families can receive up to $1,000 per child for tax year 2023 after the state expanded the Child Tax Credit this past summer.
Gov. Phil Murphy (D-NJ) and state lawmakers doubled the size of the child tax credit to be worth a minimum of $200 and a maximum of $1,000 per child under the age of 6 in June. New Jersey is one of only five states with credits of that size or larger, according to the Institute on Taxation and Economic Policy.
UAW AND GENERAL MOTORS REACH TENTATIVE AGREEMENT
New Jersey’s child tax credit is geared toward families making up to $80,000 annually with children 6 years old or younger. The per-child tax credit is $1,000 for families earning up to $30,000 annually, $800 for families earning between $30,000 and $40,000 annually, $600 for those making between $40,000 and $50,000 annually, $400 for those earning between $50,000 and $60,000 annually, and $200 f …