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Filed: K-1 Visa Country: South Korea
Timeline
Posted

Dear community with loves abroad.

I submitted our I-129F petition in Nov 2016 and after a long awaited NOA1, it arrived in the mail in August 8th 2017. 
It took nines of this ordeal to approve.

Now this is where it gets little tricky.

I am a self-employed artist and was getting my masters degree in Switzerland of 2015-2016 so I didn't file any taxes. 
Actually haven't filed taxes since I left America in 2012. I didn't have extraordinary income and didn't make more than $14,000 gross. I was always left with $0 at the end of the day.
I came back in October 2016 and didn't make any income that year besides an inheritance of my mother who passed away but wasn't much.

From Jan - Aug 2017 as an artist I had a total gross income of ~ $50,000 minus all the expenses I'm left with about 27,000. 
about 1/2 is in my lease deposits $8,000 and the other half is in stocks $8,000 and I have $11,000 in my bank account.

My accountant told me that it might be difficult to fill out the support of affidavit if I don't have reported income. She states that the income is the profit received which will be heavily taxed. 
I am not sure how to go about finances and don't really want to ask a co-sponsor and want to prove I can do it myself. 

Is the $50,000 okay? even though at the end of the day I will probably break even. 
Another thing is that I am painter and my work goes for $10,000 each. I have about 20 paintings; aren't these considered assets? 

Really wish I can do this myself, I don't want to depend on someone else. 

Thanks for the input. 





 

 

Filed: K-1 Visa Country: Wales
Timeline
Posted

You are self employed so your net income after expense would be the figure. Your Accountant should be able to help.

 

I suppose the Painting could be used, you would need independent experts to substantiate the valuation.

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”

 
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