Applied for SSN for child. Guess need to file for extension to get full CTC?

[gl2024confused]

Recently got our green cards. Applied for SSN for my son. I guess its a good idea is to file for an extension to get CTC of $2000? I heard I cannot amend the return just to claim the CTC later on?

[hbl3973 · Accepted solution]

Yes, by all means, file an extension.  That gives you until mid-October to complete the SSN processing.  Be sure to check, however, that including the child tax credit yields you a refund. If not, then you should send in the computed amount of tax due (after the CTC is applied) with your extension form.  Also, don't forget about a state extension should you live in a state that has an income tax.

[gl2024confused]

Thanks! Yes, I would be getting a refund either ways. Also, since I owed some state (PA) tax, I paid and filed state tax, assuming they are independent. Thank you for confirming. Will file for extension today!

[hbl3973]

PA state tax may depend on obtaining the SSN.  Schedule P "Tax Forgiveness" provides a tax credit for those in lower income brackets and the amount and eligibility depend on the number of dependents with SSNs.  You may want to file an amended state return later on this year once the federal return is completed and filed.