reaching the poverty guidelines

[weng&cameron 0]

hello guys i would like to ask how would u know that u reach the poverty guidelines in affidavit of support where the consulate look for your total income in 1040? my fiancee have 1099 and he earns 40k yearly..but his total income there in 1040 was 15k??do we reach the poverty guide lines? why his 1099 and 1040 his total income is not the same? he is self-employed...

thank u....for some reply..

[Victoria G 1]

I'm not 100% sure what you are asking about with 1099 and 1040 but for two people in almost all states, the poverty limit is $15,130, so I guess as long as you are over that you are ok.

I imagine it is something to do with total and then taxable income.

http://www.gafnervisalaw.com/2012/02/06/2012-poverty-guidelines-released-i-864-affidavit-of-support-and-i-134-affidavit-of-support/

[Grant PDX 183]

My guess is the 15k is taxable income after deductions. The 40k could be total gross income. If that's the case his income would be fine as they look at total gross income, unless he has a very large number of dependents. If the 15k is real total income, he doesn't get over the minimum requirement.

Best of luck!

[dwheels76 5,458]

I'm not 100% sure what you are asking about with 1099 and 1040 but for two people in almost all states, the poverty limit is $15,130, so I guess as long as you are over that you are ok.

I imagine it is something to do with total and then taxable income.

http://www.gafnervis...vit-of-support/

That amount is for military for two the guidleine is $18,912.

Here is the USCIS site, bAlso I know for self-employed because you can deduct so much its really hard for people to use. Crunch those numbers.

http://www.uscis.gov/files/form/i-864p.pdf

[KayDeeCee 4,891]

For 2 people he would need to show at least $18,912. For the self-employed they go by line 22 of the most recent 1040. His 1040 and 1099 show different amounts because line 22 (total income) gets tallied after business deductions(from schedule c) are subtracted. He may need to take less deductions and pay more in taxes in order to show enough income on his 1040.

[weng&cameron 0]

My guess is the 15k is taxable income after deductions. The 40k could be total gross income. If that's the case his income would be fine as they look at total gross income, unless he has a very large number of dependents. If the 15k is real total income, he doesn't get over the minimum requirement.

Best of luck!

so where the consulate look if we can reach the poverty guidelines or not is it in the total gross income or the total amount after deduction in 1040..

[KayDeeCee 4,891]

so where the consulate look if we can reach the poverty guidelines or not is it in the total gross income or the total amount after deduction in 1040..

Answered above. For self-employed they look at line 22(total income) of the most recent 1040 tax form.

[Russell T 3]

I was in the same boat, my adjusted income was below the poverty level so I have to show assets to make up the shortfall amount for 5 years I believe. I have enough in my saving to more then cover the difference so I should be OK.

If the self employed adjusted income on line 22 is 15k then he needs to show assets of about 4k per year for the 5 years. This is my understanding of how it works. I'm only unsure if it's 3 or 5 years, sorry.

[weng&cameron 0]

I was in the same boat, my adjusted income was below the poverty level so I have to show assets to make up the shortfall amount for 5 years I believe. I have enough in my saving to more then cover the difference so I should be OK.

If the self employed adjusted income on line 22 is 15k then he needs to show assets of about 4k per year for the 5 years. This is my understanding of how it works. I'm only unsure if it's 3 or 5 years, sorry.

oh my god can we ask for joint sponsor? who can be joint sponsor is it ok other person like his boss or secretary??

[Penguin_ie 5,984]

oh my god can we ask for joint sponsor? who can be joint sponsor is it ok other person like his boss or secretary??

Manila very very rare;y accepts co-sponsors for the K1, and if they do, it must be a close relative.

[weng&cameron 0]

For 2 people he would need to show at least $18,912. For the self-employed they go by line 22 of the most recent 1040. His 1040 and 1099 show different amounts because line 22 (total income) gets tallied after business deductions(from schedule c) are subtracted. He may need to take less deductions and pay more in taxes in order to show enough income on his 1040.

so is this mean even he earned 40k but his total amount of income in line 22 is 15k because lot of deduction from schedule c still a public charge??we not reach the guidelines?