Foreign family comes to US and husband and wife get SSN. The 3 year old son has to request ITIN with tax return. I am preparing the return with the W7. My question is about the Child Tax Credit. I am confused because I have filled out the Due Diligence form and it looks like the CTC is allowed, since he will have the ITIN and he has been a resident for more than a year now. The question: does the child have ITIN I answer "yes" because they are requesting it and it with W7.
My tax software (ProSeries) is calculating the full $2,000. But in the IRS website it says clearly that a child with an ITIN cannot have the CTC.
Please help