Child Tax Rebates are in the mail for eligible Rhode Island families
Joe Shekarchi announced that the state of Rhode Island will start issuing Child Tax Rebates to qualifying families beginning Monday, October 3.
Child Tax Rebate payments are one of the important ways Rhode Island families benefit from the Fiscal Year 2023 budget approved by the General Assembly and signed by Governor Dan McKee. The budget provides targeted taxpayer relief for Rhode Islanders, makes historic investments to address the housing crisis, and strengthens Rhode Island’s economy while providing financial relief to families, veterans, and local businesses.
The tax cut plan within the budget includes the proposal to offer child tax rebates of $250 per child, up to three children, for Rhode Island residents making up to $100,000 for an individual and $200,000 for joint filers. This plan is expected to support nearly 115,000 Rhode Island families.
“For working Rhode Islanders who are feeling the pinch of rising prices, every dollar matters. We’re putting money back in the pockets of nearly 115,000 working families with children,” said Speaker Shekarchi. “When we crafted the state budget, our goal was to provide relief that would impact all Rhode Islanders. In addition to the child tax rebate for families, we permanently eliminated the car tax, increased the ‘circuit breaker’ tax exemption for seniors, reduced the state income tax on Social Security, and eliminated the state tax on military pensions. These are real benefits that will make a difference in people’s lives.”
Speaker Shekarchi, Senate Finance Chairman Ryan Pearson and Governor McKee were joined for the announcement by Lt. Gov. Sabina Matos, Executive Office of Health and Human Services Acting Assistant Secretary Yvette Mendez, and Tax Administrator Neena S. Savage at Little Learners Academy Kent County, a locally-owned child care facility in Warwick.
“The best investment our state can make is helping our working families,” said Lt. Gov. Matos. “This rebate will help ensure that kids across the state have the resources they need to grow and thrive. Our economy is getting stronger, and steps like this ensure that Rhode Island families benefits first and foremost from that.”
The rebate program is administered by the Rhode Island Division of Taxation. The Division will disburse payments to qualified tax filers over the next several weeks. Information about the Child Tax Rebate program, including a rebate payment tracker, can be found on the Division’s website here: https://tax.ri.gov/guidance/special-programs/2022-child-tax-rebates. This page will be updated frequently and most questions can be answered by using the resources available on that page.
Any additional questions or comments regarding the Child Tax Rebate should be directed to the Division’s Personal Income Tax Section by e-mail at Tax.assist@tax.ri.gov or by phone at (401) 574-8242.