Thousands of New Jersey families who qualify for the state’s Child Tax Credit will soon have a faster and simpler way to apply, thanks to a new online platform unveiled by Gov. Mikie Sherrill.

The new website, called SimpleFile, is designed to help lower-income households quickly apply for New Jersey’s refundable Child Tax Credit, making the process easier for residents who may not normally file tax returns.

“Navigating tax season can be overwhelming for many families. SimpleFile provides a clear, convenient way to apply for the Child Tax Credit, particularly for low-income residents not required to file taxes,” said State Treasurer Aaron Binder. “Our goal is for every eligible family to apply for and receive this vital benefit.”

State officials also announced that the maximum Child Tax Credit will increase from $1,000 this year to as much as $1,250 next year. Approximately 200,000 families have already claimed the credit, and those who have not yet filed this year may still be eligible to receive the benefit.

Under the program, eligible New Jersey residents can claim a refundable Child Tax Credit on their NJ-1040 tax return for each qualifying child who is 5 years old or younger. The credit can reduce the amount of tax owed and may also increase a taxpayer’s refund.

To qualify for the credit, applicants must meet the following requirements:

• Be a New Jersey resident for all or part of the tax year.
• Have a valid Social Security number or Tax Identification Number.
• Be eligible to claim the child as a dependent.
• Have a qualifying child who is age 5 or younger by the end of the tax year.
• Have taxable income of $80,000 or less.
• File as single, married or civil union filing jointly, head of household, qualifying widow(er), or surviving civil union partner.

Eligible residents can submit an application through the new SimpleFile website at NJ.gov.

{Matzav.com}