Current income

[Ctavarez90 244]

Hello everyone. I was wanting to know what I would need from my employer to show my income for this year. I just received a $2.00 raise per hour at the beginning of March so i

will be making more than what I was making last year. What all needs to be included and what does the definition of “current income” actually mean

[SteveInBostonI130 3,468]

Current income is what you make now.  Current.  If you get paid monthly, then it's your paycheck x 12.  If biweekly, then it is your paycheck x 26.

 

You can get a letter from your employer that states the new salary, or you can collect a few paychecks with your new pay and send that in as evidence.

[Rocio0010 5,579]

13 minutes ago, Ctavarez90 said:

what does the definition of “current income” actually mean

your weekly salary times 52 (or however many weeks there are in the current year)

[Ctavarez90 244]

1 hour ago, SteveInBostonI130 said:

Current income is what you make now.  Current.  If you get paid monthly, then it's your paycheck x 12.  If biweekly, then it is your paycheck x 26.

 

You can get a letter from your employer that states the new salary, or you can collect a few paychecks with your new pay and send that in as evidence.

If I got my raise at the beginning of March would it still be whatever I make now per hour x 52 (since I get paid weekly)

[powerpuff 6,734]

~ Topic moved from IR1/CR1 Progress Reports to Progress ~

[pushbrk 12,979]

4 hours ago, Rocio0010 said:

your weekly salary times 52 (or however many weeks there are in the current year)

Ugg.  There are 52 weeks in EVERY year.  Current income is current income.  There are no questions about "current year" or "2022".  If you got a new job last week making a thousand a week, your current income is 52,000.  It really is that simple.

[Ctavarez90 244]

6 minutes ago, pushbrk said:

Ugg.  There are 52 weeks in EVERY year.  Current income is current income.  There are no questions about "current year" or "2022".  If you got a new job last week making a thousand a week, your current income is 52,000.  It really is that simple.

That is really good to know. Now I can relax because I make a few thousand more a year than what I did before so thank you for clearing that up 👍🏻

[Family 4,025]

22 hours ago, Ctavarez90 said:

definition of “current income” actually mean

Another VERY EFFECTIVE way to calculate a full time income ( a formula used by other government agencies) for a FULL TIME position/job is FULL TIME = 2080 hours per year. 
On last page of I-864 , simply note how you are determining current income: $xxhr x 2080 hrs per year…
 

 

 

[pushbrk 12,979]

7 hours ago, Family said:

Another VERY EFFECTIVE way to calculate a full time income ( a formula used by other government agencies) for a FULL TIME position/job is FULL TIME = 2080 hours per year. 
On last page of I-864 , simply note how you are determining current income: $xxhr x 2080 hrs per year…
 

 

 

Yes, that works for hourly people.  Gross times the number of pay periods in year works for everybody.

[Ctavarez90 244]

On 3/29/2022 at 6:46 PM, pushbrk said:

Yes, that works for hourly people.  Gross times the number of pay periods in year works for everybody.

With my “current income” for this year for a household size of 4 I will be make about $4,000 to $5,000 more than the minimum requirement and that’s the best I can do. When I have the interview with the CO i will

just take that evidence with me because I’m not sure I will have a joint sponsor but with me being that much over I believe I will be fine

[pushbrk 12,979]

8 hours ago, Ctavarez90 said:

With my “current income” for this year for a household size of 4 I will be make about $4,000 to $5,000 more than the minimum requirement and that’s the best I can do. When I have the interview with the CO i will

just take that evidence with me because I’m not sure I will have a joint sponsor but with me being that much over I believe I will be fine

It's good to "believe" but nobody can assure you a marginal income will be sufficient.  It depends on a number of other circumstances that make up the "totality of circumstances".