Do I need a co-sponsor

[Navyk 78]

Guys,

While I am waiting for my NVC Case #, I am working on my I-864. I have the last 3 years IRS Tax Transcripts. I was a student from 8/2009 to 5/2011. I worked for 7 months in 2009 and just summer vacation in 2010.

So my pay for 2008 was 55,963, 2009 was 38,451 and 2010 was 16,665. The 125% of the poverty line for 2 is 18,387. So my pay for 2010 was less by 1,722. I have 15,000 in my Savings account since May (joining bonus plus funds from parents). I also have 401k (13,000), which I may be able to include in I-864 (still waiting for the 401K balance from previous employer to be moved to the 401K of new employer).

I am now employed after graduation from 6/27 and received my first pay check as on 6/30. My annual pay is 80,000. Thus my pay for 2011 would be 40,000.

I think I don't need a co-sponsor as I am now making 80,000 even though my 2010 pay was less than 125% of the poverty line (also in 2010 I was single - married in March 2011). Please review the details above and guide me! I prefer advise from those who filed I-864 with similar kind of circumstances.

Thanks.

[Done--Really 331]

You should have no issues at all, particuarlyy if you can get an employment letter with your current income level. You can show the savings account and 401(k) as assets if you want, but they probably won't come into play because of your current income level. Also, the 401(k) would likely be excluded from any calculations any way since after tax and penalties you would lose about half its value.

[Navyk 78]

Will the Employment offer letter showing the annual pay and bonus, first pay stub/ check, bonus pay stub/ check be alright - just curious!

Ofcourse I applied for a formal employment letter and may get it before my case is received at NVC (approved on 6/21 but not yet received at NVC).

[pushbrk 12,105]

Guys,

While I am waiting for my NVC Case #, I am working on my I-864. I have the last 3 years IRS Tax Transcripts. I was a student from 8/2009 to 5/2011. I worked for 7 months in 2009 and just summer vacation in 2010.

So my pay for 2008 was 55,963, 2009 was 38,451 and 2010 was 16,665. The 125% of the poverty line for 2 is 18,387. So my pay for 2010 was less by 1,722. I have 15,000 in my Savings account since May (joining bonus plus funds from parents). I also have 401k (13,000), which I may be able to include in I-864 (still waiting for the 401K balance from previous employer to be moved to the 401K of new employer).

I am now employed after graduation from 6/27 and received my first pay check as on 6/30. My annual pay is 80,000. Thus my pay for 2011 would be 40,000.

I think I don't need a co-sponsor as I am now making 80,000 even though my 2010 pay was less than 125% of the poverty line (also in 2010 I was single - married in March 2011). Please review the details above and guide me! I prefer advise from those who filed I-864 with similar kind of circumstances.

Thanks.

When you are asked about your current annual income the answer is $80,000, not $40,000. There is no question like "What will your 2011 income be?" Document current income with current pay stubs and an employer letter if possible. No need for a joint sponsor in this case. You qualify based on current income. Past income is considered but mostly informational.

Edited July 12, 2011 by pushbrk

[Navyk 78]

Magical & Pushbrk, I appreciate your prompt input. Now I can avoid unnecessary additional documents (I kept my father's I-864 ready just in case). I will be getting my official Employment letter by this week-end, so I should be good. Thank you both.