2007 Tax Transcripts

[SusieK 3]

Looks like tax transcript way to go if self employed - if no 1099's for full amount showing - so will have to wait for transcript. Only way around the script is if you have W-2's or all 1099's , but most of my work is cash basis, so it wont fly. Oh well, another lesson learned.

Cheers and Elvis thanks for the heads up, gave me a moment of light at the tunnel - but in my situation, unless all money is shown on 1099's I will have to wait.

Cheers!

[JasonTrue 0]

I don't think you need to wait for transcripts, which don't provide any further evidence of income than you are providing with your tax forms; you just need to prove you filed.

When I filed this year, I got the mail certified so that I can use the receipt to prove that I sent the mail to the IRS.

I think you can include transcripts for previous years, but just photocopy of the current year's tax forms including schedule C/D. You can probably include a bank transaction history if you think it will help prove consistency with reported income.

[trailmix 77]

I don't think you need to wait for transcripts, which don't provide any further evidence of income than you are providing with your tax forms; you just need to prove you filed.

When I filed this year, I got the mail certified so that I can use the receipt to prove that I sent the mail to the IRS.

I think you can include transcripts for previous years, but just photocopy of the current year's tax forms including schedule C/D. You can probably include a bank transaction history if you think it will help prove consistency with reported income.

You actually need to have back up evidence for the income you are entering on the I-864 - whether W-2's or 1099's - Susie you are on the right path

Hope you get those transcripts soon

[couple0426 0]

Hi to all,

I also want to ask, if the Average poverty guideline is NET INCOME OR GROSS INCOME?..I mean if it is before tax deduxtions or after tax deductions?

Coz i'm still thinking if im going to get a co-sponsor. BEcause i am self employed and i have a lot of deductions and after tax deductions my net Income showing in Tax transcript is below poverty line.

IS anyone here have same situation? I will appreciate all your suggestions and advice. THANK YOU AND GOD BLESS ALL

[payxibka 10,047]

Hi to all,

I also want to ask, if the Average poverty guideline is NET INCOME OR GROSS INCOME?..I mean if it is before tax deduxtions or after tax deductions?

Coz i'm still thinking if im going to get a co-sponsor. BEcause i am self employed and i have a lot of deductions and after tax deductions my net Income showing in Tax transcript is below poverty line.

IS anyone here have same situation? I will appreciate all your suggestions and advice. THANK YOU AND GOD BLESS ALL

Total income

[couple0426 0]

Hi to all,

I also want to ask, if the Average poverty guideline is NET INCOME OR GROSS INCOME?..I mean if it is before tax deduxtions or after tax deductions?

Coz i'm still thinking if im going to get a co-sponsor. BEcause i am self employed and i have a lot of deductions and after tax deductions my net Income showing in Tax transcript is below poverty line.

IS anyone here have same situation? I will appreciate all your suggestions and advice. THANK YOU AND GOD BLESS ALL

Total income

Hi thanks for your reply. i appreciate it!. By the way, just to make clear. you mean as in my total income before tax deductions or total income afterdeductions?? im just a little bit confused im sorry for this. hope to hear reply soon