Another AOS Question

[EHUTE6 0]

ok all , i sent my I-130 for my son monday last week, so now im getting ready for the AOS i had to wait and file for my an extention for my taxes this year, i am self emloyed (was away on holidays abroad) and i showed on LINE 22 of my taxes i made $20,872 i need to make 18,387 for the 125% poverty line !

question is i know i made enough money for last years taxes but i didnt make enough for the prevoius 2 years!!! what else can i use to prove i have enough to support my son i do own a home with about 60-80 grand equity?? can i use bank statement showing business deposits?? etc etc, anything else i can use????

[EHUTE6 0]

Ive noticed that anything to do with AOS and selfempoyment is that toughest question to answer

[JimVaPhuong 4,863]

Assuming you have no other dependents, you're above the minimum required threshold by enough of a margin. Unless your son has a debilitating disease that will require long term care, or some other reason they'd strongly suspect you'll need financial help from the US government, then your affidavit of support should be sufficient.

[EHUTE6 0]

i was wondering if i should add a letter stating the equity value of my home bank account details etc etc

[JimVaPhuong 4,863]

i was wondering if i should add a letter stating the equity value of my home bank account details etc etc

That's up to you. If your line 22 income is sufficient then you probably don't need to declare the assets, but you can do so if it will make you feel more comfortable.

However, a letter isn't going to be good enough.

If you declare assets to help you qualify then you must provide proof that you own the assets, and proof of the value of the assets. You can't manufacture this evidence yourself. For a home or real estate, you would need a copy of your title or deed to prove the property is yours. You would need an appraisal from a licensed appraiser stating the current market value of the property. You would need a statement from each and every lien holder (mortgage company, etc.) stating the current balance on the account. On the I-864, line 26.b, you would enter the appraised value minus the sum of all lien balances - that's your equity.

For bank accounts, you would need statements from the bank. It would be best to have statements going back at least six months or so - they sometimes want to confirm you didn't borrow a lump sum of cash recently in order to make your bank account look fatter. If you don't feel like sharing your transaction details with the US government then you can get the bank to prepare a statement of your average balance over some period of time. Again, six months is probably enough.