Ask Experts Questions for FREE Help !
Ask
    vparekh76's Avatar
    vparekh76 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 3, 2008, 07:11 PM
    L1 under first year choice and child tax credit
    Hi DallasTaxExpert,

    My kid (2.5 yrs), wife and I came to the US (Dallas) in Aug 2007 on L2, L2 and L1 respectively.
    I have applied EAD in january08 for my wife and I'll get EAD in couple of months and thereafter I'll go for her SSN.

    I'll ITIN for my kid when I file returns.

    My question is:
    1. Can we wait till early June to file jointly under First Year Choice as resident alien using form1040.

    2.Can we also get child tax credit?
    3. while first year choice am I also eligible for EIC?

    Thanks in advance
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Mar 3, 2008, 09:31 PM
    1. Yes. You must declare your world wide income for 2007.

    2. Yes

    3. No since the child does not have SSN. Also you may be filing Form 2555 to get foreign earned income exclusion.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

First US tax return & Child Tax Credit [ 1 Answers ]

Hi, I am working in US since Nov25' 2007. My wife & my kid is in India. They have never been to US. I am planning to file my FIRST US tax return for 2007 for the period Nov25 - Dec31st'2007. My Q's are: 1. Can I file my return in form 1040? I am planning to stay in US for more than 183...

Child tax credit [ 1 Answers ]

I read the IRS publication but just want to be sure on this. New baby born in August 2007. I can still use the child tax credit as he lived with us all the time, so I enter 12 months. IS THIS CORRECT. Thanks

Date for filing First Year Choice tax returns [ 1 Answers ]

Hi, I am working on a L1 visa here arrived here in July 07. My wife and kid are currently back in India and would be joining me here only by mid-may 2008. For the year 2007, if I file returns jointly with my wife I would be able to claim both of them as dependents. However, by what date would I...

Confusion over Child tax credit with ITIN applied along with Tax returns for 1st time [ 1 Answers ]

Hi, I am Bala and I came to US last year April 2006 with my family. I came to US with H1B visa and my spouse and kid has H4. I am aware of the fact that I can claim Child tax credit if I have ITIN for my child. But since there is change is process that we can't apply for ITIN separately and...

Child tax credit :child on H-4 came August 2006 , [ 1 Answers ]

Hi atlanta tax guru I am on h-1 ( entered in June 2006) wife & son entered ( on h-4) August 2006 I am filing as resident alien as I passed test, Wife & son entered 19th August 2006 , are they pass test after 6 months Is it valid to call them resident alien after 19 feb 2007 ? And will...

View more questions Search