QUOTE(mel_keikilani @ Jan 26 2008, 10:08 PM)

QUOTE(LadyNoles @ Jan 26 2008, 10:09 PM)

What about business owners???? they can file for extension of they ITR due to all paperwork its require....And last year my fiance filed his only in october and I prolly gonna have my interview between may or june!!!!
my fiance sellf employed I will show his 2007 ITR... his 2006 dsnt met the P-line.
Oh boy... where to start..........
Dear NON-USC's:
The ITR (Income Tax Return) is a voluntary/madatory statement of Income and taxes paid to the United States Treasury. It is filed using various versions of the 1040 Form. It is due each year for the PREVIOUS calendar year by April 15. Automatic extensions can be granted and the due date becomes August 15. Realistically, an ITR for 2007 might not even be prepared until August of 2008.
Taxes are withheld from an employees pay and these are accounted for in the ITR. Any employee who has had more taxes withheld than what they actually owe as determined by the 1040, will receive a refund check from the US Treasury. Those that did not pay enough taxes will be require to submit the additional funds.
So, those getting a refund may file as soon as possible, and those that owe may file as late as possible. Other factors include the complication of the return, if it is with business, investments, and multiple employers. Purchase and selling of real estate and other deductions can cause a very complicated ITR.
From the stand point of the Consular, his job is to see that your petitioner is capable of supporting you. One method is by viewing the ITR. The ITR is such a legal instrument that falsifying that document can lead to criminal and civil penalties. That's right, if you are caught lying on your ITR, you can go to jail. So, as such, it is a very good judge of a person's income. As a government official, the Consular can probably request originals of your ITR from the US Treasury, but I would suspect this would be in very rare cases.
The bottom line is this: If your petitioner is gainfully employed with a notable employer, making a substantial salary well above poverty level, one year of tax return with supporting bank, stocks, real property, should be sufficient evidence. If your petitioner makes his living picking up aluminum cans, is barely at or below the poverty level, and doesn't have a bank account, three years worth of ITR might not even be sufficient.
So, there is no reason to 'freak out' over having a 2007 or 2006 ITR at this particular date. Remember, the Consular has to file his/her ITR 1040's by April 15 ALSO... and I'll bet NONE of them have done that yet!
One of the top reasons for divorce in the US is trouble over finances. If you are considering getting into marriage with a poor person, you had better have LOTS of love, cuz you sure ain't gonna have lots of wealth....My two cents, properly filed on line 34a 1040c
- Derrel