Income requirement on 1099

[stevenp52 0]

Here's the question. I know that for instance in 2007, that they looked at a 1099 misc income..as income that would be applied toward meeting the minimum income statutes. In other words..it came right off the top..BEFORE any deductions, expenses were considered...and not considering the net "taxable income" which would of course knock the dollar amount down considerably. I again, know for an absolute fact that this was true back then. My question is..has anything changed? Do they look at misc 1099 income the same way they did in 2007 and before? Thanks

[Ning 619]

Here's the question. I know that for instance in 2007, that they looked at a 1099 misc income..as income that would be applied toward meeting the minimum income statutes. In other words..it came right off the top..BEFORE any deductions, expenses were considered...and not considering the net "taxable income" which would of course knock the dollar amount down considerably. I again, know for an absolute fact that this was true back then. My question is..has anything changed? Do they look at misc 1099 income the same way they did in 2007 and before? Thanks

You will submit proof of gross income levels which is what they base the ability to provide support on in every case. Obtain and submit at least your most recent tax transcript.

[Hank_ 9,174]

Here's the question. I know that for instance in 2007, that they looked at a 1099 misc income..as income that would be applied toward meeting the minimum income statutes. In other words..it came right off the top..BEFORE any deductions, expenses were considered...and not considering the net "taxable income" which would of course knock the dollar amount down considerably. I again, know for an absolute fact that this was true back then. My question is..has anything changed? Do they look at misc 1099 income the same way they did in 2007 and before? Thanks

Income is income, taxable or not, as long as you have documentation (1099, W-2, etc), taxable has nothing to do with it.. If you have income to meet or exceed the requirements as listed on the I-864P there should not be an issue.

Some people have zero taxable income and do not file tax returns even, yet they meet the requirements of the I-864P to satisfy USCIS.... so no issue.

http://www.uscis.gov/files/form/i-864p.pdf

Edited June 6, 2013 by Hank_

[KayDeeCee 4,895]

Here's the question. I know that for instance in 2007, that they looked at a 1099 misc income..as income that would be applied toward meeting the minimum income statutes. In other words..it came right off the top..BEFORE any deductions, expenses were considered...and not considering the net "taxable income" which would of course knock the dollar amount down considerably. I again, know for an absolute fact that this was true back then. My question is..has anything changed? Do they look at misc 1099 income the same way they did in 2007 and before? Thanks

If it is from self-employment then it is not before business deductions(such as listed on schedule c). They will go by line 22, total income from your most recent 1040. You need to provide your most recent tax transcript and not just the 1099 alone.

Edited June 6, 2013 by Jay-Kay

[xalex693x 0]

Hey , i spoke to my lawyer before going to my interview and unless they ask you for it in our country it is not require to bring anything about income to the interview for k1 visa. I recomend you do take them just in case but it is not required. It hasn't been since 2011. just follow the instructions in the papers you received and you'll be fine.

[KayDeeCee 4,895]

Hey , i spoke to my lawyer before going to my interview and unless they ask you for it in our country it is not require to bring anything about income to the interview for k1 visa. I recomend you do take them just in case but it is not required. It hasn't been since 2011. just follow the instructions in the papers you received and you'll be fine.

A lawyer told you financial information is not required for a K-1? That is beyond wrong. Financial sponsorship is a huge part of whether or not a CO will approve a K-1 visa. I have never seen any country not require financial proof of the ability to sponsor the K-1 applicant so they will not become a public charge. A quick look at the DR's embassy site shows it is a must> http://santodomingo.usembassy.gov/k1-k2_instructions.html

Form I-134, Affidavit of Support: You must present a Form I-134 (Affidavit of Support) from the petitioner, even if he or she is not working.