tax question: self-employed, sponsoring one's spouse

[Rpizarro 2]

Hello,

 

I'm asking about the issue with providing foreign income on the i-184 affidavit of support. Is it true that this income won't even be considered? (because of the negative figures? ) Will this increase our chances of denial? I can use my father as  a co-sponsor. 

 

The income is from my online teaching job, which I will continue to have after returning to the US.

 

In the Dominican Republic, there is no tax-treaty with the US- we are subject to pay the 15.3% self employment tax.  

Will opting out of the Foreign income exclusion tax make a difference?

[aaron2020 11,651]

Consider going with your father as the Joint Sponsor.

 

Why pay taxes just so you can show an income on the I-864 when you can avoid taxes with the FEIE and have a Joint Sponsor.

Edited November 18, 2019 by aaron2020

[Rpizarro 2]

1 minute ago, aaron2020 said:

Consider going with your father as the Joint Sponsor.

 

Why pay taxes just so you can show an income on the I-864 when you can show avoid taxes with the FEIE and a Joint Sponsor.

Here in the DR we are subject to the 15.3% self- employment tax, I must pay

[aaron2020 11,651]

3 minutes ago, Rpizarro said:

Here in the DR we are subject to the 15.3% self- employment tax, I must pay

Got that. 

 

You don't have to pay US taxes with the FEIE.  I was addressing this issue since you were considering opting out.  

Edited November 18, 2019 by aaron2020

[Rpizarro 2]

3 minutes ago, aaron2020 said:

Got that. 

 

You don't have to pay US taxes with the FEIE.  I was addressing this issue since you were considering opting out.  

Sorry, I guess I don't understand because last year I had to pay US taxes despite the FEIE

[geowrian 22,335]

The FEIE won't make a difference. Income that will continue from the same source can be considered.

 

2 minutes ago, Rpizarro said:

Sorry, I guess I don't understand because last year I had to pay US taxes despite the FEIE

Your previous posts state that you did not work in 2018 and you had a joint sponsor lined up.

[Rpizarro 2]

4 minutes ago, geowrian said:

The FEIE won't make a difference. Income that will continue from the same source can be considered.

 

Your previous posts state that you did not work in 2018 and you had a joint sponsor lined up.

Ok Thank you for your replies, yes , I should have been more clear, in 2018 the work I did was very little (less than 1,000usd) I considered it as nothing worthy of mentioning. However I considered filing late just to have something on the record. 

 

Thanks again for your replies

[aaron2020 11,651]

24 minutes ago, Rpizarro said:

Sorry, I guess I don't understand because last year I had to pay US taxes despite the FEIE

Wow.  You made over $100,000 last year teaching English online?

[Melc 138]

10 hours ago, aaron2020 said:

Wow.  You made over $100,000 last year teaching English online?

If you're self-employed you deal with a Self-Employment Tax which is not excluded unless there is a treaty in place. 

https://www.irs.gov/individuals/international-taxpayers/self-employment-tax-for-businesses-abroad

Edited November 19, 2019 by Melc

[Sarah&Facundo 576]

On 11/18/2019 at 6:48 PM, Rpizarro said:

Hello,

 

I'm asking about the issue with providing foreign income on the i-184 affidavit of support. Is it true that this income won't even be considered? (because of the negative figures? ) Will this increase our chances of denial? I can use my father as  a co-sponsor. 

 

The income is from my online teaching job, which I will continue to have after returning to the US.

 

In the Dominican Republic, there is no tax-treaty with the US- we are subject to pay the 15.3% self employment tax.  

Will opting out of the Foreign income exclusion tax make a difference?

I teach English online and sponsored my husband through my self-employment, no problem. I used the 10-99 as proof of income. I make way beyond 125% of the poverty line, but I know that isn't the case for everyone, so check those numbers. And yes, regardless of where you live, you are subject to that 15.3% tax. You can only claim the exclusion if you were out of the US 335 days a year and made under $100k.

Edited November 20, 2019 by Sarah&Facundo