Affidavit of Support - Question

[shawn1990 8]

Greetings,

 

How do you calculate the annual income for the affidavit of support? Are you suppose to calculate it from Jan to Dec basis?

[Crazy Cat 41,980]

6 minutes ago, shawn1990 said:

Greetings,

 

How do you calculate the annual income for the affidavit of support? Are you suppose to calculate it from Jan to Dec basis?

I like this information:  https://cliniclegal.org/resources/calculating-income-affidavit-support

 

The entire article is a good read, imo.

 

"The instructions to the Form I-864 explain that the sponsor is to enter his or her “current individual, earned or retirement, annual income.” Enter “expected income for the current year.” This means calculating how much money the sponsor is anticipating earning for the calendar year “in which the intending immigrant filed the application for an immigrant visa or adjustment of status.” 8 CFR § 213a.2(c)(2)(ii)(A), (C). Start with the sponsor’s current salary and the amount of income he or she has earned to date, and then extrapolate until the end of the calendar year. "

Edited May 24, 2019 by missileman

[junkmart 320]

5 minutes ago, shawn1990 said:

Greetings,

 

How do you calculate the annual income for the affidavit of support? Are you suppose to calculate it from Jan to Dec basis?

What missleman said. For example, if you earn $20/hour and work full time, 40 hours per week, then you can expect to earn $41,600 annually.