How to Apply. Purchase Loan & Cash-Out Refinance: VA loans are obtained through a lender of your choice once you obtain a Certificate of Eligibility (COE). You can obtain a COE through eBenefits, by mail, and often through you lender.
Loading the player... DEFINITION of 'Child Tax Credit'. The Child Tax credit is a credit given to taxpayers for each dependent child who is under the age of 17 at the end of the tax year. The Child Tax credit is a nonrefundable credit that reduces the taxpayer's liability on a dollar-for-dollar basis. The Child Tax credit is intended to provide an extra measure of tax relief for taxpayers with qualifying dependents. Next Up.
Child Tax Credit for One Child. Family Earnings . Source: Urban-Brookings Tax Policy Center. Note: Assumes all income comes from earnings and that the child is under 17 and meets all tests to be a child tax credit qualifying child. When the refundability threshold jumps to almost $15,000, total benefits from the credit will shrink