Lipquick

My form 864 has been submitted back in June 2020.
Due to pandemic delays and extensions, my taxes for 2019 were not yet filed, so I submitted 2018 tax returns and 2019 1099's.
My concern now is filing my 2020 returns.
I can aggressively reduce my tax burden legally and get my taxable income between 0 to 10k, or I can bite the bullet and take a tax hit on $25 to $35 k, whatever puts me over the minimum comfortably.
That means I will have to pay 7 to $12k in taxes, versus paying little to nothing at all.
 

From the I-864 instructions:
 
If you selected Part 6., Item Number 2. that you are self-employed, you should have completed one of the following
forms with your Federal income tax return: Schedule C (Profit or Loss from Business), Schedule D (Capital Gains),
Schedule E (Supplemental Income or Loss), or Schedule F (Profit or Loss from Farming). You must include each and
every Form 1040 Schedule, if any, that you filed with your Federal income tax return.
 
The profit or loss from your LLC will be reported on Schedule C, then also reported on Schedule 1 for the addition of other income (capital gains, tax credits, real estate income, etc.), then the total from Schedule 1 is transferred to the 1040 line 8.  Line 9 of the 1040 is total income and will be the number they consider for financial sponsorship on the I-864.  Good luck!

Your quote is a general definition for what they use to compare to the poverty line. For example if you have a salary, your annual income will be the whole thing, before retirement deduction, before tax deductions.
 
For Self Employment, you annual income is what you take home after your business deductions, it should be on the schedules, but before marriage tax credit and other deductions like that.

Then I wouldn't worry. If you don't get a RFE, they won't even talk about it at the interview. You still have some time to file taxes. Wait until you have the ready to schedule update before you file taxes. If you do get a RFE though, find a joint sponsor and file taxes as usual.

Thanks!
 
Ooopppss, sorry! TOTAL means GROSS, the pre-tax income before all adjustments and deductions. We took the amount listed in the IRS transcript from the line TOTAL INCOME.

https://rapidvisa.com/uscis-and-nvc-scrutiny-on-self-employed-income-earners/
 
This might help you too. Hopefully someone else in the same situation will show up here.

I'm not sure, but I think the SSN application would not be pending until the EAD is approved. This page has more useful information:
https://ttlc.intuit.com/community/taxes/discussion/i-need-to-file-my-taxes-with-the-application-forms-for-itin-for-my-kids-at-the-same-time-but/00/336202

This is a pretty good article you might find helpful:
 
https://cliniclegal.org/resources/ground-inadmissibility-and-deportability/calculating-income-affidavit-support#:~:text=The Form I-864 requires,Manual (FAM) 40.41 N5.
 
The entire article has good info. Here is part of the article:
 
"Self-employed sponsors have additional duties. Remember that it is adjusted or net income, after deductions reported on Schedule C (Profit and Loss Statement), that controls. Current income should be verified with a statement on business letterhead signed by the sponsor and the Chief Financial Officer attesting to the estimated income for the current calendar year. Alternatively, or in addition, the sponsor may submit a statement from an independent tax preparer or certified public accountant assessing the current income of the business. Include any bank statements, deposited checks, and invoices that reflect current profitability. The burden of proving current annual income is harder if the self-employed sponsor is estimating earning more income than what was reported less income on last year’s income tax return. And it is even harder if last year’s reported income is below the 125 percent threshold."

Thanks NancyNguyen! In fact because my K1 visa is expired I have no choice but to wait for the EAD to get my SSN.
 
I was calling USCIS to try to get some info but they kept hanging up on me and not let me talk to a representative.
So after what you told me here I decided to call SSA to get some clarification and they confirmed that I can't get my SSN thru them anymore because my K1 visa expired. However, if my k1 visa was still valid I could have gotten a SSN card thru them even tho I had already requested thru the EAD. They said they'd give 21 days for the USCIS to issue the SSN card and if they don't do that within that time frame, SSA would then issue it for you.
 
So yeah, it turns out that my initial question here: Can I request a SSN card thru SSA when I have already requested thru EAD is: YES, they will issue it for you if USCIS doesn't do that within a time frame.
HOWEVER, as NancyNguyen pointed out, if my K1 visa expired, then the only way is to wait for the EAD to get approved to receive your SSN card either thru the USCIS (if you requested it with your EAD app) or in order to be able to request it before the SSA.
Thanks for your help!
 

Yes but your K1 is gone. When your K1 is gone, you will need work permit for SSN card.

I requested my SSN on the occasion of my EAD application back in August 2020 and it is taking forever to get granted. The problem is that I need a SSN before my husband can file his taxes this year in order for us to file it jointly.
Question: Can I request a SSN thru a Social Security Office instead of waiting for the EAD to get approved? Has anybody done that before or am I stuck with waiting for the EAD approval?