affidavit of support k1 visa

[BoxsterOwner 3]

Okay, I have a job that pays 14$ an hour and i just started working so 14x8x5x4x8 = 17,920. Thats under the 125% poverty line but i do go to school in may and i receiving a housing allowance that gives me 2600 so 2600x8 = 20,800 and its non taxable but still have to claim in on irs. The question is does the embassy just count the w2 from work or they will also count housing allowance. Will i have to provide the w2 from work and a irs transcript to prove it? Thanks.

[pushbrk 13,213]

Okay, I have a job that pays 14$ an hour and i just started working so 14x8x5x4x8 = 17,920. Thats under the 125% poverty line but i do go to school in may and i receiving a housing allowance that gives me 2600 so 2600x8 = 20,800 and its non taxable but still have to claim in on irs. The question is does the embassy just count the w2 from work or they will also count housing allowance. Will i have to provide the w2 from work and a irs transcript to prove it? Thanks.

If you're working 40 hours a week at $14 an hour, the calculation of annual income is 14X2080. You're fine. There are 52 weeks in a year 52 X 40 = 2080. You are NOT being asked how much you'll make in 2011. You are being asked what you'll make in a 52 week YEAR. You can document your current income with pay stubs and/or an employer letter.

It's important to understand that tax returns do not reflect "current income". They reflect past income. Exception is for the self employed.

Edited April 11, 2011 by pushbrk

[BoxsterOwner 3]

Okay, yes i didnt make it clear, but i start the petition next year and those will be my 2011 income. And will they also consider the housing income that i will get from Gi Bill. Thanks

Edited April 11, 2011 by peenoyako

[pushbrk 13,213]

Okay, yes i didnt make it clear, but i start the petition next year and those will be my 2011 income. And will they also consider the housing income that i will get from Gi Bill. Thanks

I don't know if you'll be able to count the housing income or not but the $14 an hour full time is plenty for a household of two without anything added.

[Tim/Mav 305]

Okay, I have a job that pays 14$ an hour and i just started working so 14x8x5x4x8 = 17,920. Thats under the 125% poverty line but i do go to school in may and i receiving a housing allowance that gives me 2600 so 2600x8 = 20,800 and its non taxable but still have to claim in on irs. The question is does the embassy just count the w2 from work or they will also count housing allowance. Will i have to provide the w2 from work and a irs transcript to prove it? Thanks.

I agree with pushbrk that the housing allowance won't matter as well. But, I don't see where you got the $17,920.00 figure from. Your gross income is much higher than that.

If you work full-time: $14.00 x 40 hours = $560.00 ...... Then times that amount by 4.3 = $2,408.00 is your monthly gross income. (some months of the year you recieve 5 paychecks instead of 4 on a annual basis, thats why banks use the 4.3) Then, times that by 12 months ... So your Gross Income is $ 28,896.00

Or another form of calculation Gross Annual Income is your hourly rate (x) times 2,080 hours per year ... In that case your Gross Annual Income is ... $29,120.00

This is Full-Time Calculations

[pushbrk 13,213]

I agree with pushbrk that the housing allowance won't matter as well. But, I don't see where you got the $17,920.00 figure from. Your gross income is much higher than that.

If you work full-time: $14.00 x 40 hours = $560.00 ...... Then times that amount by 4.3 = $2,408.00 is your monthly gross income. (some months of the year you recieve 5 paychecks instead of 4 on a annual basis, thats why banks use the 4.3) Then, times that by 12 months ... So your Gross Income is $ 28,896.00

Or another form of calculation Gross Annual Income is your hourly rate (x) times 2,080 hours per year ... In that case your Gross Annual Income is ... $29,120.00

This is Full-Time Calculations

The second method is correct for a 40 hour week. 40 X 52 weeks is 2080 hours.

[gyenigun 0]

Hi guys,

Does it matter how much he ( USC )makes to sponsor her.. if so, how much would that be ...?

thanks again...

[pushbrk 13,213]

Hi guys,

Does it matter how much he ( USC )makes to sponsor her.. if so, how much would that be ...?

thanks again...

125% of the 2011 US poverty level. For two people, a little over $18,000 a year.

[Tim/Mav 305]

Okay, I have a job that pays 14$ an hour and i just started working so 14x8x5x4x8 = 17,920. Thats under the 125% poverty line but i do go to school in may and i receiving a housing allowance that gives me 2600 so 2600x8 = 20,800 and its non taxable but still have to claim in on irs. The question is does the embassy just count the w2 from work or they will also count housing allowance. Will i have to provide the w2 from work and a irs transcript to prove it? Thanks.

After reading your post again I think I assumed wrong. Your not Year Round at work and returning to School next month and will not be working. Also, you state: you just started a $14.00 an hour job. --- How long have been there?--- What your asking is: Is my housing allowance countible as Income on the K-1 petition ? This I'm not sure of.

So, lets assume you worked since January at $14.00 per hour.. To May ... Thats about 700 hours. That would be about $ 9,800.00 Year to Date.

If the Housing allowance is countable X 8 months (I see now where you got your math reasoning) Then thats where you got the $20,800.00 I don't know.

I don't know if the Housing Allowance is countable.

Hopefully, Pushbrk can answer this.

[pushbrk 13,213]

After reading your post again I think I assumed wrong. Your not Year Round at work and returning to School next month and will not be working. Also, you state: you just started a $14.00 an hour job. --- How long have been there?--- What your asking is: Is my housing allowance countible as Income on the K-1 petition ? This I'm not sure of.

So, lets assume you worked since January at $14.00 per hour.. To May ... Thats about 700 hours. That would be about $ 9,800.00 Year to Date.

If the Housing allowance is countable X 8 months (I see now where you got your math reasoning) Then thats where you got the $20,800.00 I don't know.

I don't know if the Housing Allowance is countable.

Hopefully, Pushbrk can answer this.

Looking at his math, "14x8x5x4x8 = 17,920." he calculated 8, 4 week months, so he calculated what he would make this year but did it wrong. He'll make more than that in 8 months because there are more than 4 weeks in a month. Regardless, the I-134 doesn't ask how much you'll make in 2011. It asks for an annual income. Clearly, he works 40 hours a week (14X8X5) so 14X2080 is the correct formula for current annual income.