No. Advance Child Tax Credit payments and any refund you receive as a result of claiming the Child Tax Credit cannot be counted as income when determining if you or anyone else is eligible for benefits or assistance, or how much you or anyone else can receive, under any federal program or under any state or local program financed in whole or in part with federal funds. These programs include, but are not limited to, Temporary Assistance for Needy Families (TANF), Medicaid, Supplemental Security Income (SSI), and Supplemental Nutrition Assistance Program (formerly food stamps). Additionally, when determining eligibility for benefits or assistance, neither your tax refund nor any of your advance Child Tax Credit payments can be counted as a resource for at least 12 months after you receive it. It is always best to check with your local benefits coordinator to find out if your advance Child Tax Credit payments or your tax refund will affect those benefits.
Sources:
Publication 501 (2023)
§ 24. Child tax credit
Publication 3966 (05/2021)
