Self-Employed Co-Sponsor

[Caladan 19]

So, the I-134 asks for a notarized copy of the tax return, but the Vancouver consulate also requests W-2s from the sponsor.

My co-sponsor is self-employed. He doesn't receive a W-2, but a 1099 from his clients.

Perhaps this requirement is unique to Vancouver, but I wanted to ask out here to increase the numbers of self-employed people likely to have experience with this.

If you're self-employed, did you submit a 1099 along with the rest of the I-134 requirements in lieu of a W-2?

[joeyjoey 1]

So, the I-134 asks for a notarized copy of the tax return, but the Vancouver consulate also requests W-2s from the sponsor.

My co-sponsor is self-employed. He doesn't receive a W-2, but a 1099 from his clients.

Perhaps this requirement is unique to Vancouver, but I wanted to ask out here to increase the numbers of self-employed people likely to have experience with this.

If you're self-employed, did you submit a 1099 along with the rest of the I-134 requirements in lieu of a W-2?

Submit copies of the 1099s and the previous 3 years tax returns, bank statements and any supporting information to prove their income and ability to meet the income guidelines for sponsorship.

Maybe other VJers will respond soon. but you can also contact the Consulate and ask this very question. Just make certain to have more documentation ready than the Consulate suggests is necessary. That'll give you the upper hand should any "additional evidence" be required!

[Caladan 19]

They only ask for one year of tax returns. (I-134, not I-864.) But the 1099 is what they'd want, you think? Small business taxes are sort of complicated; I'm not sure if they need the quarterly schedules.

[joeyjoey 1]

They only ask for one year of tax returns. (I-134, not I-864.) But the 1099 is what they'd want, you think? Small business taxes are sort of complicated; I'm not sure if they need the quarterly schedules.

I've read other posts where 3 years of Taxes were required for those that are self-employed. You can get Tax transcripts from IRS.GOV for free. Include the 1099s. The bank statements will show cash flow (money coming in and going out). Don't think they would have a need for your quarterly schedules. The goal is to be prepared to show financial ability to provide support above the Poverty guidelines. The 1099s, 3 year's of tax returns and bank statements will do just that. You'll probably also need to have a financial statement printed on the companies letterhead.

[Bruce n Jen 0]

So, the I-134 asks for a notarized copy of the tax return, but the Vancouver consulate also requests W-2s from the sponsor.

My co-sponsor is self-employed. He doesn't receive a W-2, but a 1099 from his clients.

Perhaps this requirement is unique to Vancouver, but I wanted to ask out here to increase the numbers of self-employed people likely to have experience with this.

If you're self-employed, did you submit a 1099 along with the rest of the I-134 requirements in lieu of a W-2?

Personally I'm keeping it SIMPLE. The form says this:

C. If self-employed:

1. Copy of last income tax return filed; or

2. Report of commercial rating concern.

It doesn't say anything else! I gave my fiancee last year's (2005) tax return and a bank statement. My income isn't a factor so that should suffice.

As for the 1099 - all that info is already on your tax return. Keep it simple.

So, the I-134 asks for a notarized copy of the tax return, but the Vancouver consulate also requests W-2s from the sponsor.

My co-sponsor is self-employed. He doesn't receive a W-2, but a 1099 from his clients.

Perhaps this requirement is unique to Vancouver, but I wanted to ask out here to increase the numbers of self-employed people likely to have experience with this.

If you're self-employed, did you submit a 1099 along with the rest of the I-134 requirements in lieu of a W-2?

Personally I'm keeping it SIMPLE. The form says this:

C. If self-employed:

1. Copy of last income tax return filed; or

2. Report of commercial rating concern.

It doesn't say anything else! I gave my fiancee last year's (2005) tax return and a bank statement. My income isn't a factor so that should suffice.

As for the 1099 - all that info is already on your tax return. Keep it simple.

Only the I-134 needs to be notarized, not the tax return.

They only ask for one year of tax returns. (I-134, not I-864.) But the 1099 is what they'd want, you think? Small business taxes are sort of complicated; I'm not sure if they need the quarterly schedules.

again, keep it simple, what quarterlies? I've been both a sole proprietory and subch S - the only quarterlies are employee withholding filings. There are no quarterlies to show your income.