I-864a: Cosponsoring parents one is not working, how to address total income

[EastMeetsWest2018 9]

Hello All,

 

My wife and I are planning on using our assets to satisfy the requirements for AOS since my employment in Singapore will end when we return to the USA. We have over 10 x the 125% of poverty level for our household, but just in case I am having my parents fill out forms to be co-sponsors in case the embassy wants one.

 

My father works, my mother does not as she was a SAHM. From my understanding, my father will fill out the i-864 and it is clear to me how to fill out his income and the total income in his taxes. However, for my mom who makes $0.00 and files her taxes jointly, for her i-864a Part 4, does she put the total income from their tax returns (e.g. what my dad's income is) or does she put her contributions to that of the tax returns (e.g. $0)? 

 

Does my mom even need to fill out a i-864a?

 

Thanks for any help/advice!

[pushbrk 12,106]

39 minutes ago, EastMeetsWest2018 said:

Hello All,

 

My wife and I are planning on using our assets to satisfy the requirements for AOS since my employment in Singapore will end when we return to the USA. We have over 10 x the 125% of poverty level for our household, but just in case I am having my parents fill out forms to be co-sponsors in case the embassy wants one.

 

My father works, my mother does not as she was a SAHM. From my understanding, my father will fill out the i-864 and it is clear to me how to fill out his income and the total income in his taxes. However, for my mom who makes $0.00 and files her taxes jointly, for her i-864a Part 4, does she put the total income from their tax returns (e.g. what my dad's income is) or does she put her contributions to that of the tax returns (e.g. $0)? 

 

Does my mom even need to fill out a i-864a?

 

Thanks for any help/advice!

Mom's current income is $0.  In the tax section, the numbers are the same for Mom and Dad.  The instructions are actually quite clear on this.  

 

I wouldn't trouble them if you have 10 times the the income requirement in liquid assets.  "Liquid" as defined in those same "instructions".

[EastMeetsWest2018 9]

19 minutes ago, pushbrk said:

Mom's current income is $0.  In the tax section, the numbers are the same for Mom and Dad.  The instructions are actually quite clear on this.  

 

I wouldn't trouble them if you have 10 times the the income requirement in liquid assets.  "Liquid" as defined in those same "instructions".

They are savings accounts, brokerage accounts, IRAs, and my wife's CPF which is an IRA/Social Security type of account she has as a Singapore PR that she will be taking to the USA with her tax-free anyway and setting up her own brokerage account in the USA. All of these accounts can be liquidated and the only tax/penalties that I would face upon liquidation is on my traditional IRA (10% penalty and capital gains tax on the Roth). I'm not bothering with including assets like her car.

[pushbrk 12,106]

54 minutes ago, EastMeetsWest2018 said:

They are savings accounts, brokerage accounts, IRAs, and my wife's CPF which is an IRA/Social Security type of account she has as a Singapore PR that she will be taking to the USA with her tax-free anyway and setting up her own brokerage account in the USA. All of these accounts can be liquidated and the only tax/penalties that I would face upon liquidation is on my traditional IRA (10% penalty and capital gains tax on the Roth). I'm not bothering with including assets like her car.

Sounds like you have it well covered.  No point in disclosing OR documenting anything not liquid.  An only car can't be counted anyway.