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    mangalanaik78's Avatar
    mangalanaik78 Posts: 1, Reputation: 1
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    #1

    Jan 30, 2009, 01:06 PM
    Filing tax for L1 visa
    Hi, I am working on L1 visa since June 2008. In w4 I declared 2 dependants but unfortunately they have not joined me till now in US. How can I file tax return based on this situation?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jan 30, 2009, 03:27 PM
    You can file jointly with your wife and you both CHOSE to be treated as resident aliens. This will allow you to claim the $10,900 joint standard deduction plus two $3,500 personal exemption (for yourself and your wife) plus one $3,500 for your child PLUS the $1,000 Child Tax Credit.

    The downside is that you must declare ALL 2008 world-wide income, but you can at least partially offset any double taxation by claiming a Foreign Tax Credit (Form 1116).

    You will need to submit Forms W-7 with your return to get ITINs for your wife and child.

    Even with the downside, this is probably the best way for you to file.
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