While there are no new stimulus checks for New Hampshire in 2024, there are many financial assistance programs for which you can apply. Programs like food stamps, rental assistance, and healthcare benefits can help ease the burden if you’re facing financial hardship due to job loss, medical conditions, or other setbacks.

If you’re looking for tax relief, tax credits are a good alternative. While you won’t get a stimulus check through these credits, they can lower your tax bill, and you may be able to get more in your tax refund.

Read on to learn more about how tax credits work, which ones you can claim, and how much you can get.

Is There a Stimulus Check in 2024 for New Hampshire?

There are no new stimulus checks for New Hampshire residents in 2024. After the three Economic Impact Payments that were issued during the coronavirus pandemic, President Biden and Congress have no plans to issue a fourth check.

The benefits and programs introduced under the American Rescue Plan and the CARES Act have expired. However, you still have the opportunity to file your tax returns by April 15, 2025, to claim the 2021 Recovery Rebate credit.

New Hampshire Stimulus Check 2024

Many states, like Pennsylvania and New Mexico, have state-level tax credits. These tax credits can help lower your tax liability, which can be a source of relief for many.

The Granite State doesn’t have a state-level Child Tax Credit (CTC), Child and Dependent Care Tax Credit (CDCTC), or Earned Income Tax Credit (EITC). However, you can still claim the federal credits to maximize your refund amount.

“There is no stimulus check, but always work with a tax professional to make sure you get all the deductions you can take to save money,” says Teresa Dodson, founder of Greenbacks Consulting. “In New Hampshire, you do save a lot of money since they have no state tax,” she adds.

How Do New Hampshire Stimulus Checks Work?

Tax credits can be subtracted dollar-for-dollar from the taxes you owe. They can be refundable, non-refundable, or partially refundable. Nonrefundable tax credits will lower your tax bill but won’t give you a refund. With a refundable credit, you’ll get a refund check for any credit amount over zero tax due.

While tax credits are not stimulus programs, the federal and state governments use them to put money back into the pockets of low and moderate-income filers.

Who Is Eligible for New Hampshire’s Stimulus Checks?

While you can’t get a stimulus check in New Hampshire this year, you may still qualify for federal tax credits.

You may be eligible for the federal Earned Income Tax Credit (EITC) if you meet these qualification criteria:

  • Be between the ages of 25 and 65 during the tax year.
  • Live in the U.S. for at least half of the year.
  • Not be claimed as a dependent on another taxpayer’s tax returns.
  • Not have an investment income of over $11,000.
  • Have a valid Social Security number.

An additional requirement for eligibility is that you must meet these adjusted gross limits set by the Internal Revenue Service (IRS):

  • No qualifying children: $17,640 (single, head of household, widowed) $24,210 (married filing jointly)
  • 1 qualifying child: $46,560 (single, head of household, widowed) $53,120 (married filing jointly)
  • 2 qualifying children: $52,918 (single, head of household, widowed) $59,478 (married filing jointly)
  • 3 or more qualifying children: $56,838 (single, head of household, widowed) $63,398 (married filing jointly)

To claim the Child Tax Credit, you must have a qualifying child who is:

  • Under the age of 17.
  • Be your daughter, son, eligible foster child, stepchild, stepbrother, stepsister, sister, brother, half-sister, half-brother, or descendent.
  • Living with you for at least six months.
  • Claimed as a dependent on your tax return.
  • A U.S. citizen, national, or resident alien.
  • Not providing more than half of their own needed financial support.

You may qualify for the federal Child and Dependent Care Tax Credit if you have paid someone else for child care and if you meet these eligibility criteria:

  • You must have earned income.
  • You must have paid someone else for the care of your dependent and child so you could work or look for work.
  • Married couples must file a joint return.
  • You must provide the name, address, and the Taxpayer Identification Number of the person who provided the care.

How Much Do You Receive and When

The amount you can get through the federal EITC will vary based on your income, number of children, and filing status. These are the maximum credit amounts for the tax year 2023:

  • $600: No qualifying children
  • $3,995: 1 qualifying child
  • $6,604: 2 qualifying children
  • $7,430: 3 or more qualifying children

The Child Tax Credit is $2,000 per qualifying child for taxpayers with a gross income of up to $200,000 ($400,000 for married couples filing jointly). You’ll qualify for a lower credit amount if your income is over that threshold. You may also be able to get an additional child tax credit of up to $1,600.

You can claim eligible expenses of up to $3,000/qualifying dependent or $6,000 for two or more under the federal CDCTC.

How To Track the Status of Your New Hampshire Stimulus Checks

You won’t get a direct payment when you claim these federal tax credits. They’ll be applied to your tax liability. If you’re eligible for a refund, you’ll get a paper check or a direct deposit.

Once you file your taxes, the IRS may take three weeks to process your refund if you e-filed. Paper returns typically take longer, but you usually get your refund within six to eight weeks. You can check the status online if you filed your return but haven’t received the refund in your bank account.  

How To Apply for New Hampshire’s Stimulus Checks

You don’t need to take any action to apply for tax credits. You can claim them when you file your federal tax returns. A tax professional can check which credits you qualify for and claim them when filing taxes to ensure you get the maximum benefit.

If you’re a low-income filer, check to see if you qualify for Free File, TCE, or VITA. These are free tax services offered by the IRS to eligible taxpayers.

Apply for Financial Assistance in New Hampshire

While there are no new stimulus payments for New Hampshire residents this year, tax credits can provide some temporary relief. With so many different types of credits for individuals, we recommend working with a tax professional to ensure you’re claiming all credits you qualify for.

The federal government also offers a number of benefit programs for low-income Americans who need help with food, healthcare, and housing. You can find a full list of benefits available on the Benefit Finder tool. Local governments and nonprofits also have assistance programs for which you may qualify.