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alanb

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Posts posted by alanb

  1. On 6/10/2014 at 2:23 PM, aaron2020 said:

    Here is another consideration.

    No green cards = no Social Security Numbers = no tax deductions or credits for the kids.

    If your husband gets green cards for the kids, they can get SSNs. He can add them as dependents on his tax returns.

    You said your husband does not make that much money. This means he will probably qualify for the Earned Income Tax Credit.

    With the EITC, he can get several thousands of dollars even if he owes no federal taxes.

    I know an LPR family that made $20,000 last year. They owed zero in taxes. The EITC got them a refund of $3000.

    So, no green cards means giving up thousands of dollars in refundable tax credits.

    I just wanted to say this is not accurate.  My K-2 stepkids are "visa overstays" (which is why I'm reading this thread).  We've had ITINs for them since they came, and have legally used them to get our IRS deductions.

     

    https://www.irs.gov/individuals/international-taxpayers/general-itin-information

     

    Thanks for this thread, and all you guys do here at VJ

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