State Tax Day - Current, S.14, New Jersey—Personal Income Tax: Child Tax Credit Increased Temporarily, (Jul 2, 2026)
New Jersey is temporarily increasing its gross income tax child tax credit for taxable years 2026, 2027, and 2028. The adjustments raise the credit from:
$1,000 to $1,250 for taxpayers earning $30,000 or under;
$800 to $1,000, for taxpayers earning over $30,00 but not over $40,000;
$600 to $750, for taxpayers earning over $40,000 but not over $50,000;
$400 to $500, for taxpayers earning over $50,000 but not over $60,000; and
$200 to $250, for taxpayers earning over $60,000 but not over $80,000.
P.L. 2026 (S.B. 4531), Laws 2026, effective June 30, 2026