affidavit of support question

[moneydude 0]

Ok i am not working right now, and was working full time. I got about 50k in the bank. What is the best way to fill out the affidavit of support for my wife, who will be coming with her k3 soon.

[CutienPurg 0]

complete the affidavit using your cash assets and obtain a letter from your bank

[pushbrk 12,898]

complete the affidavit using your cash assets and obtain a letter from your bank

That is correct but $50k is not enough cash. They'll only consider that to replace $16,666 in. Usually that's not enough.

[CutienPurg 0]

complete the affidavit using your cash assets and obtain a letter from your bank

That is correct but $50k is not enough cash. They'll only consider that to replace $16,666 in. Usually that's not enough.

ok ya lost me.........cash x 3 is the equation isnt it?

$51,336.00 is the magic number if I get it correctly

$17,112 x 3

[pushbrk 12,898]

complete the affidavit using your cash assets and obtain a letter from your bank

That is correct but $50k is not enough cash. They'll only consider that to replace $16,666 in. Usually that's not enough.

ok ya lost me.........cash x 3 is the equation isnt it?

$51,336.00 is the magic number if I get it correctly

$17,112 x 3

Well liquid assets divided by three is what can replace income. If you must replace $17,112 of income then yes, you would need $51,336 in liquid assets.