Can an I-864 be based solely on assets?

[SomeGuy4186 0]

Alright, so i've finished assembling everything for NVC, but here's my little dilemma. i quit my job in june so i could go back to college. i'm a full ttime college studen right now, so i dont have any income. but, i do have a house, and 2 cars under my name. i have a pretty decent savings put away too.

since i cant use the principal car, i have 1 house, 1 car, and my savings account as assets. the total is more than 5x what i need(or 3x since its a spouse, right?). can i just use the house/car/savongs account and be done with it?

if its only 3x, then i could even just use the house and be done with it. there is no mortgage or lien on the house, i outright own it, but i think i'd be safer showing more, right?

from what i've been told, i should be in the clear, but i just wanted to make sure before i mailed this in.

also, on line 23, i still put what i made in 2007, right? or would i put 0 since i'm not working

my second dilemma is that i was living abroad from the age of 16 until about 2 years ago so all i have is my 2007 tax return. do i just include a letter stating that i wasn't here? i dunno what else to do, i wasnt working in the US, so i had no reason to file...

[SomeGuy4186 0]

no one?

[Dakine 26]

Alright, so i've finished assembling everything for NVC, but here's my little dilemma. i quit my job in june so i could go back to college. i'm a full ttime college studen right now, so i dont have any income. but, i do have a house, and 2 cars under my name. i have a pretty decent savings put away too.

since i cant use the principal car, i have 1 house, 1 car, and my savings account as assets. the total is more than 5x what i need(or 3x since its a spouse, right?). can i just use the house/car/savongs account and be done with it?

if its only 3x, then i could even just use the house and be done with it. there is no mortgage or lien on the house, i outright own it, but i think i'd be safer showing more, right?

from what i've been told, i should be in the clear, but i just wanted to make sure before i mailed this in.

also, on line 23, i still put what i made in 2007, right? or would i put 0 since i'm not working

my second dilemma is that i was living abroad from the age of 16 until about 2 years ago so all i have is my 2007 tax return. do i just include a letter stating that i wasn't here? i dunno what else to do, i wasnt working in the US, so i had no reason to file...

Best to get a joint sponsor.

[trailmix 77]

It's late so I can't answer your questions in detail - but we used only assets.

Edited September 27, 2008 by trailmix

[Penguin_ie 5,993]

We used assets only as we were doing DCF (house in the US in joint names and bank account in the US, in USC's name), and it was accepted no problems. The house would have more than covered us for the x3 assets, but we decided to show evidence of the bank account too, as it is ready cash whereas a house, especially these days, could take a while to sell.

Include the tax returns you have (and the income for 2007 you had on line 23).

[SomeGuy4186 0]

ok, perfect then. this is great news. i attached al etter tating why i didnt file in 2006 and 2005, and then i just included all the evidence for my assets. hopefully i have no problems.

[frali 2]

From my understanding its good to submitt tax returns for the previous 2 years (2005 and 2006) even though it will be zero as they require tax returns of past 3 years.

[desilu 0]

From my understanding its good to submitt tax returns for the previous 2 years (2005 and 2006) even though it will be zero as they require tax returns of past 3 years.

3 years is not required just reccommended. We only submitted 2007 return as my husband was not earning the previous two years. Ours was accepted with no problems.

[SomeGuy4186 0]

From my understanding its good to submitt tax returns for the previous 2 years (2005 and 2006) even though it will be zero as they require tax returns of past 3 years.

even if i did do that, how do i submit tax returns that i didn't file? i never filed tax returns on 2006 and 2005, so would something still come back if i asked for tax records?

either way, doesnt look like i'm going to need it.

[trailmix 77]

From my understanding its good to submitt tax returns for the previous 2 years (2005 and 2006) even though it will be zero as they require tax returns of past 3 years.

even if i did do that, how do i submit tax returns that i didn't file? i never filed tax returns on 2006 and 2005, so would something still come back if i asked for tax records?

either way, doesnt look like i'm going to need it.

What you actually need to do is write a letter stating why you didn't file in those years, something along the lines of "I did not file a U.S. Tax Return in 2006 and 2007. I was not required to file as I had zero income in both years".

The sponsor must submit with the Form I-864 the sponsor’s U.S. Federal income tax return for the most recent tax year (that is, the completed tax year immediately preceding the date the sponsor signs the Form I-864). USCIS may generally expect a sponsor, after April 15 of any given year (or April 16 or 17, in a year in which April 15 is on a Saturday or Sunday), to have completed his or her tax return for the previous year. If the sponsor requested an extension, the sponsor should provide proof of filing for the extension. If the sponsor did not file a tax return, the sponsor must prove that he or she was not required to file. If a sponsor should have filed, the sponsor must file retroactively and provide proof of filing. Note that U.S. citizens generally have an obligation to file a tax return on non-U.S. earnings even if there was no tax liability. link