I 864, using joint assets

[stephanie918 46]

Hi,

I am the sponsor for my husband, and we both live in Australia with the intention of moving to the US (I obviously am the citizen).  

 

We both work in Australia and I file US tax returns, but make 0 USD.  My current income therefore, would be zero as it doesn't sound like I can use foreign income in item 6.

 

My question is that while we intend to use a joint sponsor, we do have enough assets to cover 3x the poverty line, so will list assets as supplemental income.  HOWEVER, some of these assets are in both our names (not just his).  So, when I list assets that are in both our names, should I list half the $ in my section and half in his? For example joint bank accounts.  I know when we provide evidence it will be noted that both our names are on it, and I want to make sure the names written in part 7 correspond to the correct amounts.  Technical, I know, but I don't want to screw this up.

 

Thanks in advance

[Just Paul 4,595]

14 hours ago, stephanie918 said:

Hi,

I am the sponsor for my husband, and we both live in Australia with the intention of moving to the US (I obviously am the citizen).  

 

We both work in Australia and I file US tax returns, but make 0 USD.  My current income therefore, would be zero as it doesn't sound like I can use foreign income in item 6.

 

My question is that while we intend to use a joint sponsor, we do have enough assets to cover 3x the poverty line, so will list assets as supplemental income.  HOWEVER, some of these assets are in both our names (not just his).  So, when I list assets that are in both our names, should I list half the $ in my section and half in his? For example joint bank accounts.  I know when we provide evidence it will be noted that both our names are on it, and I want to make sure the names written in part 7 correspond to the correct amounts.  Technical, I know, but I don't want to screw this up.

 

Thanks in advance

If you are using a joint sponsor then it does not matter about using (optional)  assets on you I-864.   If the assets were US based and liquid, ie not your intended residence and could be converted to cash within a year, you could list them on your I-864 if they were in your name or joint name. 

[pushbrk 12,883]

14 hours ago, stephanie918 said:

Hi,

I am the sponsor for my husband, and we both live in Australia with the intention of moving to the US (I obviously am the citizen).  

 

We both work in Australia and I file US tax returns, but make 0 USD.  My current income therefore, would be zero as it doesn't sound like I can use foreign income in item 6.

 

My question is that while we intend to use a joint sponsor, we do have enough assets to cover 3x the poverty line, so will list assets as supplemental income.  HOWEVER, some of these assets are in both our names (not just his).  So, when I list assets that are in both our names, should I list half the $ in my section and half in his? For example joint bank accounts.  I know when we provide evidence it will be noted that both our names are on it, and I want to make sure the names written in part 7 correspond to the correct amounts.  Technical, I know, but I don't want to screw this up.

 

Thanks in advance

If they are joint accounts, list them as yours.  They'll see that they are joint by looking at the documentation you provide.  Pay special attention to the definition of "liquid" in the I-864 instructions.  If you have it covered well with liquid assets, why obligate a joint sponsor?

[stephanie918 46]

18 minutes ago, pushbrk said:

If they are joint accounts, list them as yours.  They'll see that they are joint by looking at the documentation you provide.  Pay special attention to the definition of "liquid" in the I-864 instructions.  If you have it covered well with liquid assets, why obligate a joint sponsor?

just as a bit of extra security as neither of us have US jobs.  I think the threshold for our family (3x the 125%) is about 100k, and we have about 130k...so technically over, but not hugely.  Think they will be okay with no joint sponsor if we technically are over the 3x the threshold limit? as far as joint accounts, is there any difference listing them in my section or in my husbands? as I assume they cant be listed twice.  I feel maybe they should go in his as it sounds like his assets can be located anywhere, where as I'm assuming mine as the sponsor should all be US based.

[pushbrk 12,883]

4 minutes ago, stephanie918 said:

just as a bit of extra security as neither of us have US jobs.  I think the threshold for our family (3x the 125%) is about 100k, and we have about 130k...so technically over, but not hugely.  Think they will be okay with no joint sponsor if we technically are over the 3x the threshold limit? as far as joint accounts, is there any difference listing them in my section or in my husbands? as I assume they cant be listed twice.  I feel maybe they should go in his as it sounds like his assets can be located anywhere, where as I'm assuming mine as the sponsor should all be US based.

I already understood and answered your question.  I made no assumptions and advise against you doing so, as your assumptions are incorrect.