Will I get remaining NY unemployment tax credit if not claiming child this year?

u probably wont get it. the remaining half of CTC is for the person WHO CLAIMS the child on THIS year's taxes, not who got the advance payments last yr. its based on who has the dependent THIS tax season

You've actually got a tax credit question, not an unemployment question. The Child Tax Credit (CTC) is separate from unemployment benefits. The advance payments you received in 2024 were based on your 2023 tax return information, where you claimed your child. Since you're not claiming your child for 2025, you won't receive the remaining portion of the credit when you file. Your child's father will be eligible to claim the full credit (minus any advances you received) when he files his taxes for 2025. You should consult with a tax professional about your specific situation. When you received the advance payments, there was a reconciliation process explained on the IRS website.

THE SYSTEM IS DESIGNED TO CONFUSE YOU!! They never make these things clear on purpose. I went through something similar with my ex last year. DONT EVEN GET ME STARTED on how the IRS handles split custody situations. And NY state is even WORSE with keeping records straight!!

I dealt with this exact situation last year! You won't get the remaining half, but you might not have to repay the advances you received. It depends on your income level. The IRS has a "safe harbor" rule for people making under a certain amount. I spent HOURS on the phone trying to sort this out. If you need to talk to someone at the NY tax department about how this will affect your state taxes, I recommend using Claimyr.com to get through to an agent faster. They have a service that calls for you and gets you connected when an agent is available. Saved me so much time! They have a demo video at https://youtu.be/Rdqa1gKtxuE that shows how it works.

This happened to me too! Depends on your income. Under $40k single or $60k married, you're protected from having to repay. Between that and $80k single/$120k married, partial protection. Above that, you repay everything you shouldn't have gotten. But yeah your ex gets the full credit minus what you already got in advance.

I think everyone is missing that this is posted in the NY unemployment forum? Are you asking about unemployment benefits and how they interact with the child tax credit? Or maybe about how unemployment income affects your eligibility for the safe harbor rule? Can you clarify what specifically you're asking about in relation to your NY unemployment benefits?

To correctly answer your question: The advances you received in 2024 were prepayments of a 2025 tax credit. Since you won't claim your child in 2025, you won't be eligible for the remaining credit. However, the IRS has repayment protection tiers based on income: * If your Modified AGI is below $40,000 (single filer), you may not have to repay anything * Between $40,000-$80,000, you'll have partial protection with a reduced repayment amount * Above $80,000, you'll likely need to repay all advance payments These are approximate thresholds and may be adjusted for 2025. The IRS will send you a Letter 6419 showing total advance payments received, which you'll need when filing your taxes.

im in a similar situation except im the other parent who gets to claim our kid this year. my ex got all the advance payments last year but now i should get the full credit minus what they already got. its confusing but actually works out fair in the end if you alternate years claiming the kid

Just to be clear about one thing - this isn't specific to New York. The Child Tax Credit is a federal program administered by the IRS, not by New York State or NYSDOL. The tax implications would be the same regardless of which state you live in. You may have received notifications through your NY.gov account as a courtesy, but the program itself is federal.