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Form 1099-S Bridgeport Connecticut: What You Should Know

Nonwaxed Mail (nearly any type). The Child Tax Credit amount is equal to 1,100 each per calendar year for a family of 3 or a single parent. The Child Tax Credit is only available for qualifying familiesĀ  Tax Credit A Connecticut resident who has children will receive aĀ Child Tax Credit each of the first three months of each calendar year to the amount of 180.00. The Connecticut credit is applied to the amount of taxes owed on a child's annual Connecticut income. If your child does not work, his or her parents will receive a nonwaxed check for their 2023 taxes. Tax Credits are not refundable, so taxpayers can claim them only once each year. Tax Credit amounts are subject to annual limitations imposed by tax code section 62-9C. Forms are available from the Connecticut State Department of the Treasury under 13 C.F.R. 449.20a and 449.22. Payments and deductions made off these forms are not considered income and would not be taxable to you. Additional Information For more information for taxpayers who wish to file electronically on their Connecticut tax return, including the Tax Credit, visit CT.gov. Connecticut's residents are advised to read all tax laws.

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