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.
Create new $1,500 young child tax credit for children under three years old. The young child tax credit is calculated separately from the child tax credit, using the same rules as. specified for the child tax credit under the proposal.