Numerous states offer their own version of a child tax credit, ranging in value from hundreds to thousands of dollars per dependent child.

As Republicans get ready to deliver a tax package next year, some prominent GOP lawmakers have voiced support for an expanded child tax credit.

Sen. Josh Hawley (R-Mo.) is proposing a huge expansion of the child tax credit (CTC), setting up a potential fight with budget hawks as GOP lawmakers work to hash out their priority tax bill.

The new payment option would allow recipients to receive parts of the following year’s credit in three advance payments sent in the second half of 2025 on top of the full child tax credit for the

The state will become the first in the country to allow payments to be accelerated. A portion of the credit would be sent back to families in the second half of 2025 across three installments, with the remainder paid out in early 2026.

Minnesota families benefiting from the state's child tax credit will be able to cash in early next year, Gov. Tim Walz announced on Wednesday.

ST. PAUL, Minn. – Minnesota is the first state that will give taxpayers the option to receive advance payments of their child tax credit. In the future, Minnesotans who qualify can get three payments during the year of their tax credit.

The State of Minnesota says more than 223,000 tax returns claimed the new Child Tax Credit for tax year 2023, for an average total credit of $1,242. That works out to over $562 million for the budgets of Minnesota families.

Numerous states offer their own version of a child tax credit, and Minnesota has now debuted a new plan that will pay out your 2026 credit throughout 2025.