I-134 Question

[Pavel-Olga 0]

Hello all,

My I-129F for my beautiful fiancee Olga is currently pending at the VCS. I-129Fs are being processed quickly there so I am thinking ahead about my I-134.

I am currently a student and thus currently have no earned income. My income derives completely from an IRA which I inherited when my mother died. I will graduate from pharmacy school in May 2010 at which time I will make significantly more than the minimum required. So my questions:

1) I should submit my 2008 tax forms and my investment statement for my IRA? Anything else? Maybe a letter stating my educational status and median income for a pharmacist upon graduation?

2) Will investment statements for my IRA be sufficient or should I get my brokerage company to write some sort of letter?

I have been very appreciative for this very helpful website and will be appreciative for any further assistance on this particular question.

Thank you, Ryan R. Winter

[amykathleen2005 441]

I don't know about the IRA part, but theoretical employment has no merit with the I-134, either you have the money now, or you don't basically. I could be a doctor in a few years, but that doesn't mean that I absolutely will or that I will find a job when I complete the program.

You will need a co-sponsor.

Edited October 20, 2009 by amykathleen2005

[Pavel-Olga 0]

I don't know about the IRA part, but theoretical employment has no merit with the I-134, either you have the money now, or you don't basically. I could be a doctor in a few years, but that doesn't mean that I absolutely will or that I will find a job when I complete the program.

You will need a co-sponsor.

Thanks, that answers my question about a letter concerning future employment. Also, I should clarify my original post. I don't have any earned income. I do have income though (as reflected by how much I owed on my 2008 taxes!) derived from the inherited IRA. This amounts is above the minimum requirement. So basically my question at this point is whether or not I will need a letter from my investment company or if my monthly statements alone will be enough. I ask because the I-134 asks for bank saving deposits on one line and stocks and bonds on another. My IRA is in a number of different mutual funds.

Thanks, Ryan

[Gary and Alla 3,694]

Hello all,

My I-129F for my beautiful fiancee Olga is currently pending at the VCS. I-129Fs are being processed quickly there so I am thinking ahead about my I-134.

I am currently a student and thus currently have no earned income. My income derives completely from an IRA which I inherited when my mother died. I will graduate from pharmacy school in May 2010 at which time I will make significantly more than the minimum required. So my questions:

1) I should submit my 2008 tax forms and my investment statement for my IRA? Anything else? Maybe a letter stating my educational status and median income for a pharmacist upon graduation?

2) Will investment statements for my IRA be sufficient or should I get my brokerage company to write some sort of letter?

I have been very appreciative for this very helpful website and will be appreciative for any further assistance on this particular question.

Thank you, Ryan R. Winter

1. Yes, include 2008 tax return.

2. IRA statements are sufficient. IRA income IS income. It counts. However, is it enough? You need $18,212 per year for a family of two. If you do not make that and do not have 3 times that amount in assets, you will need a co-sponsor

You do not need a letter about education status or predicitions of future income, they are not considered. You need to show CURRENT income of adequate amount or have a co-sponsor.

[Gary and Alla 3,694]

I don't know about the IRA part, but theoretical employment has no merit with the I-134, either you have the money now, or you don't basically. I could be a doctor in a few years, but that doesn't mean that I absolutely will or that I will find a job when I complete the program.

You will need a co-sponsor.

Thanks, that answers my question about a letter concerning future employment. Also, I should clarify my original post. I don't have any earned income. I do have income though (as reflected by how much I owed on my 2008 taxes!) derived from the inherited IRA. This amounts is above the minimum requirement. So basically my question at this point is whether or not I will need a letter from my investment company or if my monthly statements alone will be enough. I ask because the I-134 asks for bank saving deposits on one line and stocks and bonds on another. My IRA is in a number of different mutual funds.

Thanks, Ryan

I suggest you get a TRANSCRPIT of your 2008 taxes and some sort of statement showing a current income from this IRA. As long as it can be verified and it is above the guidelines, you are good to go. I would also attach a statement of the value of the account as I presume the IRA balance far exceeds the minimum needed for asset qualification if it produces more than $18,000 per year in dividends, interst...whatever. Sounds like you are fine.

[Pavel-Olga 0]

I suggest you get a TRANSCRPIT of your 2008 taxes and some sort of statement showing a current income from this IRA. As long as it can be verified and it is above the guidelines, you are good to go. I would also attach a statement of the value of the account as I presume the IRA balance far exceeds the minimum needed for asset qualification if it produces more than $18,000 per year in dividends, interst...whatever. Sounds like you are fine.

Excellent, thanks for all your help. I am now confident that everything will be fine. ~ Ryan