The 'Dead Accounts' Broadway star - who split from the 'Mission Impossible' actor in June after six years of marriage - is said to be eager for their six-year-old daughter Suri to enjoy the holiday with both of her parents and is preparing to fly to a luxury ski resort in Telluride, Colorado with her ex-husband later this month.
A source told OK! Magazine: "Tom and Katie are determined to show Suri that they're still friends and devoted parents.
"They know it will mean so much for her, and both are happy to swallow their pride to make sure she has a fun holiday. Thanksgiving has always been a really big deal for them."
Earlier this week a source close to the 33-year-old actress revealed she has never been happier.
The insider said: "Katie's happy, she's a totally new person."
The actress is currently starring on Broadway and makes sure to work her schedule around her daughter.
The insider added: "Most performances are in the evening so Katie can have an early dinner with Suri."
While Katie, who has full custody of Suri, is embarking on a new chapter in her life, she is not ready to start dating again and is also too busy to even consider it.
The source explained: "She's not dating anyone and she won't be anytime soon. It's not like she'd even have the time."
Meanwhile, Tom reportedly hasn't seen his daughter in approximately four months as he has been filming in London.