Gross or net?

[Chi014 0]

Hi what are they looking for k1 visa income requirements is it gross or net income?

[Fingercross 33]

10 minutes ago, Chi014 said:

Hi what are they looking for k1 visa income requirements is it gross or net income?

Before Tax.
100% for the K1 visa, later need 125% above poverty line...

Better is 125% when apply the k1 visa.

 

2019 POVERTY GUIDELINES FOR THE 48 CONTIGUOUS STATES AND THE DISTRICT OF COLUMBIA

 

PERSONS IN FAMILY/HOUSEHOLD	POVERTY GUIDELINE
For families/households with more than 8 persons, add $4,420 for each additional person.
1	$12,490
2	$16,910
3	$21,330
4	$25,750
5	$30,170
6	$34,590
7	$39,010
8	$43,430

 

 

2019 POVERTY GUIDELINES FOR ALASKA

 

PERSONS IN FAMILY/HOUSEHOLD	POVERTY GUIDELINE
For families/households with more than 8 persons, add $5,530 for each additional person.
1	$15,600
2	$21,130
3	$26,660
4	$32,190
5	$37,720
6	$43,250
7	$48,780
8	$54,310

 

 

2019 POVERTY GUIDELINES FOR HAWAII

 

PERSONS IN FAMILY/HOUSEHOLD	POVERTY GUIDELINE
For families/households with more than 8 persons, add $5,080 for each additional person.
1	$14,380
2	$19,460
3	$24,540
4	$29,620
5	$34,700
6	$39,780
7	$44,860
8	$49,940

[Chi014 0]

2 minutes ago, Suki_R said:

Before Tax.
100% for the K1 visa, later need 125% above poverty line...

Better is 125% when apply the k1 visa.

 

2019 POVERTY GUIDELINES FOR THE 48 CONTIGUOUS STATES AND THE DISTRICT OF COLUMBIA

 

PERSONS IN FAMILY/HOUSEHOLD	POVERTY GUIDELINE
For families/households with more than 8 persons, add $4,420 for each additional person.
1	$12,490
2	$16,910
3	$21,330
4	$25,750
5	$30,170
6	$34,590
7	$39,010
8	$43,430

 

 

2019 POVERTY GUIDELINES FOR ALASKA

 

PERSONS IN FAMILY/HOUSEHOLD	POVERTY GUIDELINE
For families/households with more than 8 persons, add $5,530 for each additional person.
1	$15,600
2	$21,130
3	$26,660
4	$32,190
5	$37,720
6	$43,250
7	$48,780
8	$54,310

 

 

2019 POVERTY GUIDELINES FOR HAWAII

 

PERSONS IN FAMILY/HOUSEHOLD	POVERTY GUIDELINE
For families/households with more than 8 persons, add $5,080 for each additional person.
1	$14,380
2	$19,460
3	$24,540
4	$29,620
5	$34,700
6	$39,780
7	$44,860
8	$49,940

Hi is it gross income or net income they’re looking? 

[geowrian 22,336]

3 minutes ago, Chi014 said:

Hi is it gross income or net income they’re looking? 

Re-read the response and you will see.

 

I would also note that some COs go by the 125% minimum, as the 125% will be required for AOS soon afterwards.

All COs look at the totality of the circumstances to address the public charge concern, not just minimums.

[Fingercross 33]

16 minutes ago, Chi014 said:

Hi is it gross income or net income they’re looking? 

• Employee income:  The amount reported as gross earnings on your W2 and tax returns, modified by any other adjustments noted on your tax returns.
• Employer Income:   Adjusted gross earnings after business deductions as reported on your personal income tax returns, modified by any other adjustments noted on your tax returns. 

[geowrian 22,336]

4 minutes ago, Suki_R said:

Employee income:  The amount reported as gross earnings on your W2 and tax returns, modified by any other adjustments noted on your tax returns.

Actually, that's not correct. As an employee, your current income is based on how much you make in a 12 month period, not what you made on a tax return (that's past income).

So if somebody works 40 hours a week, 52 weeks a year, and is paid weekly, then it would be gross income on the paystub * 52..

Edited March 8, 2019 by geowrian

[Fingercross 33]

1 minute ago, geowrian said:

Actually, that's not correct. As an employee, your current income is based on how much you make in a 12 month period, not what you made on a tax return (that's past income).

So if somebody works 40 hours a week, 52 weeks a year, and is paid weekly, then it would be gross income on the paystub * 52..

Indeed, sorry about it just copied and pasted it...so W2 only! not counting tax return @Chi014 

[Chi014 0]

Just now, Suki_R said:

Indeed, sorry about it just copied and pasted it...so W2 only! not counting tax return @Chi014 

I have my own business so what’s the poverty guidlines if you have your own business? 

[geowrian 22,336]

2 minutes ago, Chi014 said:

I have my own business so what’s the poverty guidlines if you have your own business? 

Self-employed individuals have the same income requirements. The main difference compared to a W-2 employee is the current annual income is based on the most recent year's tax return.

[Fingercross 33]

5 minutes ago, Chi014 said:

I have my own business so what’s the poverty guidlines if you have your own business? 

Your own individual income. How much you take as a salary from your business?
This post have talked about it. 

 

[Chi014 0]

1 more question I have kids but they live with their mom and I help support them but their mother didn't put me under child support. How many persons in household will i count only 2 me and my fiance only or 4 ? @Suki_R @geowrian

Edited March 8, 2019 by Chi014

[Fingercross 33]

38 minutes ago, Chi014 said:

1 more question I have kids but they live with their mom and I help support them but their mother didn't put me under child support. How many persons in household will i count only 2 me and my fiance only or 4 ? @Suki_R @geowrian

I don't think the kids count as your household, if you don't file them on your taxes.

But I think even you are not on the child support you still responsible for them, they might questions about it and need you to explain further.

This is only my thought cannot be 100% sure, it is better for someone who have same situation with you to answer you.

 

Edited March 8, 2019 by Suki_R

[geowrian 22,336]

Unmarried children under 21 should be counted in your household size regardless of custody or child support, or if claimed on taxes.

This is not noted directly in the I-134 instructions, but is explicit in the I-864 instructions, which are the "de-facto" standard when something is ambiguous (the I-134 instructions are lacking).

 

https://www.uscis.gov/system/files_force/files/form/i-864instr.pdf

"Type or print the number of unmarried children you have who are under 21 years of age, even if you do not have legal custody of these children. You may exclude any unmarried children under 21 years of age, if these children have reached majority under the law of their place of domicile and you do not claim them as dependents on your Federal income tax returns. "

[NigeriaorBust 4,087]

  Actually you are only legally required to support a child until 18 in most areas so only the children under 18 need to be reported unless your states age of majority is higher or you are under a court ordered agreement for longer. 

[geowrian 22,336]

6 minutes ago, NigeriaorBust said:

  Actually you are only legally required to support a child until 18 in most areas so only the children under 18 need to be reported unless your states age of majority is higher or you are under a court ordered agreement for longer. 

Yes, 21 or age of majority, whichever is lower.

Edited March 8, 2019 by geowrian