I-134 Tax Question

[ScottMichela 0]

Hey all,

I have sort of a weird question here that I'd like to toss out there. I am completing my 2012 tax returns, and since I was a student 1/2 the year they look low. I am self-employed now, so I expect them to look heavily to my previous year's tax return. As it stands I am just below the cusp of 125% on my 2012 1040. Here's where it gets tricky...

In my time between graduation and full time work I was paid $1500 in cash to build a shed. I have no proof of this transaction since it was done in cash, and the guy obviously wasn't going to send me a 1099 if he wanted to pay me in cash. This is a substantial enough payment that I want to report it, and would also like to do so for the purposes of pushing my 1040 into the 125% requirement. However I am nervous that $1500 of undocumented income which just so happens to qualify me on the i-134 would look suspicious to a CO. Is there anyway they could question your tax return in this way? Do they have that discretion or am I losing my mind trying to guess there actions? The best that I can do to document this $1500 is show the cash deposit I made to the bank, but it was mixed in with other checks I deposited at the same time so it doesn't even show up as $1500.

If you've got experience with taxes or the I-134 please help!

[X Factor 1,112]

You can claim the $1500 income on Schedule C for business income. I don't know if the CO will question that. Is your current income above the accepted level? Do you have pay stubs and a letter from your current employer to verify current income?