Thank you. My wife says that she wouldn't pay taxes on this pension bonus until next year, so I would think that I couldn't apply for any credit until I do my 2026 tax return, which of course would be in 2027.
Just to be clear about some things:
1. We actually have no plans or intent of moving this money to the US, instead the money is going to be entirely used in Colombia. Does that make a difference in determining whether or not this bonus is subject to US income taxes.
2. This pension bonus is based entirely on income my wife received working jobs in Colombia before we got married in 1998. Does that make a difference in determining whether or not this bonus is subject to US income taxes.
