Ohio plans to introduce a $1,000 Child Tax Credit (CTC) in 2025 for families with children under six, aiming to provide financial relief for working parents, especially those in low-income households. This initiative is part of Governor Mike DeWine’s proposed biennial budget, which is currently under review by state lawmakers.
If passed, the Ohio Child Tax Credit would ensure eligible families receive the full amount, regardless of their tax obligation. The program is designed to ease financial burdens, improve access to childcare and education, and boost economic growth by supporting working parents.
Contents
- 1 $1,000 Ohio Child Tax Credit Overview
- 2 Eligibility for the $1,000 Ohio Child Tax Credit in 2025
- 3 Funding Sources for the Ohio Child Tax Credit
- 4 Additional Budget Highlights Related to Families
- 5 Payment Schedule: When Will Families Receive the Credit?
- 6 Current Status of the $1,000 Ohio Child Tax Credit
- 7 How to Apply for the Ohio Child Tax Credit
- 8 FAQs
$1,000 Ohio Child Tax Credit Overview
Program | $1,000 Ohio Child Tax Credit 2025 |
---|---|
Government | Ohio State Government |
Eligibility | Families with children under six |
Income Limits | Varies by filing status (details below) |
Credit Amount | $1,000 per eligible child |
Payment Schedule | Monthly on the 15th |
Status | Proposed, pending approval |
Official Website | www.irs.gov |
Eligibility for the $1,000 Ohio Child Tax Credit in 2025
To qualify for the Ohio Child Tax Credit, families must meet specific income and residency requirements.
Who is eligible?
Parents or guardians with at least one child under six.
Ohio residents filing taxes.
Meet the income requirements based on filing status:
Filing Status | Maximum Income to Qualify |
---|---|
Married, filing jointly | Less than $94,000 per year |
Married, filing separately | Less than $56,500 per year |
Single parents | Less than $69,000 per year |
Minimum income requirement | Must earn at least $22,500 per year |
This refundable credit means that even if a family owes no taxes, they will still receive the full $1,000 per eligible child.
Funding Sources for the Ohio Child Tax Credit
To finance the $1,000 CTC, Ohio plans to increase taxes on tobacco and vapor products:
- Tobacco tax increase: $1.60 per pack
- Vapor product tax increase: 17% to 42%
The revenue generated from these taxes will directly fund the child tax credit, ensuring families receive the support they need without impacting other state programs.
Additional Budget Highlights Related to Families
In addition to the Ohio Child Tax Credit, Governor DeWine’s budget includes:
$50 million for the Ohio SEE program, expanding eye exams and glasses for K-3 students.
$100 million to build rural housing and expand healthcare services in schools.
Expansion of subsidized childcare services.
Increase in public library and local government funding.
$380 million for road safety improvements.
Higher taxes on sports gambling to fund school sports programs.
Payment Schedule: When Will Families Receive the Credit?
If approved, CTC payments will be issued monthly on the 15th of each month.
Ohio Child Tax Credit Payment Dates 2025
Month | Payment Date |
---|---|
January | 15 Jan 2025 |
February | 15 Feb 2025 |
March | 15 Mar 2025 |
April | 15 Apr 2025 |
May | 15 May 2025 |
June | 15 Jun 2025 |
July | 15 Jul 2025 |
August | 15 Aug 2025 |
September | 15 Sep 2025 |
October | 15 Oct 2025 |
November | 15 Nov 2025 |
December | 15 Dec 2025 |
Current Status of the $1,000 Ohio Child Tax Credit
Claim: Ohio will provide a $1,000 Child Tax Credit in 2025.
Fact Check: Proposed, but not yet finalized.
- The Ohio General Assembly must approve the tax credit.
- The final budget must be signed by Governor Mike DeWine by June 30, 2025.
- The credit’s eligibility requirements and funding sources may change during the legislative process.
How to Apply for the Ohio Child Tax Credit
Once the program is approved, eligible families can apply through the IRS website or claim the credit when filing their state taxes.
To apply:
Visit www.irs.gov.
Check for Ohio Child Tax Credit updates.
Submit income and child eligibility details when filing taxes.
Receive monthly payments starting in 2025.
FAQs
1. Will the $1,000 Child Tax Credit be finalized in 2025?
The credit is proposed but must be approved by Ohio lawmakers before becoming law.
2. Who qualifies for the Ohio Child Tax Credit?
Families with children under six, Ohio residents, and within income limits qualify.
3. When will families receive payments?
Payments will be issued on the 15th of each month, starting after the credit is approved.
4. Where can I apply for the $1,000 Child Tax Credit?
Eligible families can apply at www.irs.gov once the program is finalized.
5. Will this tax credit continue beyond 2025?
The credit is part of Governor DeWine’s biennial budget, meaning it could be extended or revised in future budgets.
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