Dear everyone, I encounter a question that confused me. I still do not have a clear answer after I asked/consulted TurboTax experts (paid service in TurboTax) and IRS TAC (Taxpayer Assistance Centers) staffs.
The background and situation are as following:
I am planning to file my 2024 Tax report (for period Jan - Dec 2024) before the due date on Oct 15, 2025 (which is the due date after I applied for extension)
I am with L1 visa, my wife and my two kids are L2 Visa. Me and my wife have SSN, my 2 kids do not have either SSN or ITIN.
In my tax filing of 2022, 2023, I did not mention my kids information in the tax filing (I use TurboTax), I did not apply for any dependents/child related credit (either CTC/Credit Tax Credit, or COD /Credit of Other Dependents).
I notice that I can claim COD (Credit of Other Dependents) in my 2024 tax filing if I submit W7 (application for ITIN) and 1040 by mail together (or go to IRS taxpayer assistant center to submit).
My questions:
1. Are my kids (in my 2024 tax filing) qualified for COD (Credit of Other dependents) refund ($500 per child) if my kids' W7 (ITIN application) and my 1040 are submitted before Oct 15 (due date of 2024 tax filing), but W7 is approved or issued after Oct 15, 2025 (as it will take a few months for IRS to issue the ITIN)?
2. If yes (for question 1), are my kids qualified for Child related credit in California tax filing (I am living in CA)?
Thanks very much if anyone have similar experiences.
