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SteveColo

Gross wages or adjusted?

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Filed: K-3 Visa Country: Ukraine
Timeline

Hello all,

Was wondering about the proof of income paperwork.

I was self employed for the last 3 years working in the transportation business. I owned my own truck, etc. My gross wages were well above the 125% rule but, with the help of a good CPA, obviously with deductions for expenses, gas, etc. my 'NET' was a lot lower so taxes owed the IRS were low.

Does anyone know, on this form, do they look at gross wages or will they use the adjusted income to qualify me for my wife's visa?

Thanks for your input ...

Steve


Steve & Ksenia

502pfk.gif2rom8nd.gif

July 23, 2008 - Married my beautiful Ksenia

Oct 11, 2008 - I-130 Sent

Oct 13, 2008 - I-130 Delivered to Chicago Lockbox

Oct 20, 2008 - Checks cashed by USCIS

Oct 24, 2008 - NOA1 (I-130)

Oct 25, 2008 - I-129F Sent to CSC

Oct 29, 2008 - I-129F Received at CSC

Oct 30, 2008 - NOA1 for I-129F mailed to me - received 11/22/08 because of address change

Oct 31, 2008 - I-130 Touched

Nov 3, 2008 - I-130 Touched

Nov 18, 2008 - I-129F Touched

Nov 20, 2008 - I-130 (for step daughter) Touched

Feb 17, 2009 - Case received by the NVC

Feb 25, 2009 - Received letter from NVC dated Feb 20th saying they had received my approved I-129F

Feb 27, 2009 - Received 2 letters from NVC dated Feb 20th - they had received both approved I-130's

Mar 6, 2009 - Medical for Ksenia & Sasha completed in Kiev. Everything is great.

Mar 9, 2009 - Called NVC and found out our K3 is in "administrative processing"

Apr 6, 2009 - OUT OF A.P. !!! File being sent to Kiev !

May 5, 2009 - K3 interview in Kiev! APPROVED !!!

July 12, 2009 - ARRIVAL IN USA !!!

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I'm also self employed. On the 1040, they look at line 22 total income, which in your case would be adjusted.

I will be using my 2008 tax year income and I wont be taking all the deductions I would normally so I can keep my income above the 125% threshold.

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Hello all,

Was wondering about the proof of income paperwork.

I was self employed for the last 3 years working in the transportation business. I owned my own truck, etc. My gross wages were well above the 125% rule but, with the help of a good CPA, obviously with deductions for expenses, gas, etc. my 'NET' was a lot lower so taxes owed the IRS were low.

Does anyone know, on this form, do they look at gross wages or will they use the adjusted income to qualify me for my wife's visa?

Thanks for your input ...

Steve

If you look at I-864 instructions, there is clear explanation.

For 1040, it is gross income, which is total income.

For 1040EZ, it is Adjusted Gross Income (AGI).

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Filed: Other Country: China
Timeline
Hello all,

Was wondering about the proof of income paperwork.

I was self employed for the last 3 years working in the transportation business. I owned my own truck, etc. My gross wages were well above the 125% rule but, with the help of a good CPA, obviously with deductions for expenses, gas, etc. my 'NET' was a lot lower so taxes owed the IRS were low.

Does anyone know, on this form, do they look at gross wages or will they use the adjusted income to qualify me for my wife's visa?

Thanks for your input ...

Steve

If you look at I-864 instructions, there is clear explanation.

For 1040, it is gross income, which is total income.

For 1040EZ, it is Adjusted Gross Income (AGI).

Gross income from the 1040, not gross revenue from the schedule C.


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If you look at I-864 instructions, there is clear explanation.

For 1040, it is gross income, which is total income.

For 1040EZ, it is Adjusted Gross Income (AGI).

However, if you are self employed the number you are reporting is from Schedule C line 31, which is the Net Profit (or loss) from the business. If you are self employed this represents adjusted income and it is reported on the 1040 at line 12.

It is then added to other income and reported as your Total Income. If you are self employed although they are calling it gross income it is actually adjusted because it is subject to the deductions you take on the schedule C.

As with everything in the tax code its not as straight forward as it should be...

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Filed: K-3 Visa Country: Ukraine
Timeline

Thanks for your input ...

I noticed two forms listed ... the I-134 and the I-864 ... can someone explain the difference? Will I need both or will it depend on which route I take, CR1 or K3?

Thanks


Steve & Ksenia

502pfk.gif2rom8nd.gif

July 23, 2008 - Married my beautiful Ksenia

Oct 11, 2008 - I-130 Sent

Oct 13, 2008 - I-130 Delivered to Chicago Lockbox

Oct 20, 2008 - Checks cashed by USCIS

Oct 24, 2008 - NOA1 (I-130)

Oct 25, 2008 - I-129F Sent to CSC

Oct 29, 2008 - I-129F Received at CSC

Oct 30, 2008 - NOA1 for I-129F mailed to me - received 11/22/08 because of address change

Oct 31, 2008 - I-130 Touched

Nov 3, 2008 - I-130 Touched

Nov 18, 2008 - I-129F Touched

Nov 20, 2008 - I-130 (for step daughter) Touched

Feb 17, 2009 - Case received by the NVC

Feb 25, 2009 - Received letter from NVC dated Feb 20th saying they had received my approved I-129F

Feb 27, 2009 - Received 2 letters from NVC dated Feb 20th - they had received both approved I-130's

Mar 6, 2009 - Medical for Ksenia & Sasha completed in Kiev. Everything is great.

Mar 9, 2009 - Called NVC and found out our K3 is in "administrative processing"

Apr 6, 2009 - OUT OF A.P. !!! File being sent to Kiev !

May 5, 2009 - K3 interview in Kiev! APPROVED !!!

July 12, 2009 - ARRIVAL IN USA !!!

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Filed: Citizen (apr) Country: Ukraine
Timeline
Thanks for your input ...

I noticed two forms listed ... the I-134 and the I-864 ... can someone explain the difference? Will I need both or will it depend on which route I take, CR1 or K3?

Thanks

They will use your GROSS income from line 22. They will not look at gross revenues from sched. C I was self employed most of the year before my wife arrived and had to forego claiming legitimate business expenses and costs (and pay more than $2400 in additional taxes) in order that my GROSS income would exceed the limits. There is nothing illegal or underhanded about this and the governemnt will gladly allow you "skip" deductions. It has been suggested to me that after all this is over I file an amended return for 2007 and get the money back. Maybe.

The I-134 is used for the K-1 visa and the I-864 is used for the AOS. Gudielines are the same and documentation is basically the same (they ask for a statement of earning for 3 years on the I-864) and the I-864 includes a contract you sign between you and the government saying you fiancee will not become a public charge within ten years


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