Income Tax and Bank Statement?

[netguy 0]

been seeing alot of Tax and Bank Statement questions come up. just wanted to run this by you guys.

Since I'm a consultant, my bookkeeper gave me duplicate copies of my income taxes to send to my Canadian Fiance. The Tax incomes are from 2007, 2008, and 2009 is that sufficient for the CO?

Also would printing May 2010 bank statement showing plenty of funds above Poverty line sufficient enough ? or should I print out more?

[sachinky 464]

It's either tax transcripts from the IRS OR

1040/W2/1099s from your own records.

Yes, '07, '08, '09.

We just used the current statement but some people like to use 6 months worth of bank statements.

[netguy 0]

My business one shows forms 1120, but the other one under my name is a 1099. I included both just in case.

as for bank statements I might get one more for June just to be safe.

It's either tax transcripts from the IRS OR

1040/W2/1099s from your own records.

Yes, '07, '08, '09.

We just used the current statement but some people like to use 6 months worth of bank statements.

Edited May 7, 2010 by netguy

[trailmix 77]

As a kind-of aside - the income of a business cannot be used for the I-864 (so this pertains to the time when you will apply for her adjustment of status).

[netguy 0]

what would we use then?

As a kind-of aside - the income of a business cannot be used for the I-864 (so this pertains to the time when you will apply for her adjustment of status).

[trailmix 77]

what would we use then?

Your individual income (I assume you pay yourself a salary)

A 'business' cannot be a sponsor - only a person can.

You should maybe give yourself a raise

The alternative to salary is Assets - which must equal 3 times 125% of the poverty guidelines.

Edited May 7, 2010 by trailmix

[netguy 0]

yes indeed i deserve a raise. so once my Fiance enters USA, we get married, can I immediatly start on the green card forms(AOS)?

Your individual income (I assume you pay yourself a salary)

A 'business' cannot be a sponsor - only a person can.

You should maybe give yourself a raise

The alternative to salary is Assets - which must equal 3 times 125% of the poverty guidelines.

[trailmix 77]

yes indeed i deserve a raise. so once my Fiance enters USA, we get married, can I immediatly start on the green card forms(AOS)?

You sure can, once you have all your documents you are good to get started on that.