Exactly what Tax Forms for I-864? RFE issue (merged)

[K + M 47]

And I don't know if this holds any merit or matters, but I had a good look through of them and the W-2's for 2018 aren't missing any information, my dad's is all there, and my moms even tho one of her W-2's the top left is cut off some information, on her Copy 2 of that W-2 on the same page, nothing is cut off, her other job in 2018 just some of the address and EIN is cut off.  My dad's SSN isn't cut off on any of the W-2's. 

 

Thank you so much in advance

[K + M 47]

I wanted to make a post pertaining to understanding exactly how to calculate "current annual individual income"

 

From everything I have read, it is income before taxes, so gross income, and does not include overtime.  

 

So for my dad he has had the same employer for the last 10 years+ so his current annual individual income will be as simple as taking all his pay stubs for the year, and taking the YTD (If I use his paystub that is issued on 12/31/19) that it states for earnings in the Regular hours portion and use that correct?

 

For my mom tho this is where the situation gets a little bit more complicated and I just want to make sure I got this 100% correct.  My mom just got a new job this year, and started working it in August, or more so about halfway through August.  The way I figure out her "current annual individual income" is if she's projected to make lets say for example, and hypothetically 49k to keep this thread consistent for 2019 at her current employer.  I would take 49k/12 for each month which would come out to 4,083 per month, so if she's worked 4.5 months that would be (4,083)*4.5= $18,373 for current annual income for 2019?  Because that would be the amount she planned to earn in 2019. 

 

Also my mom was working a different job earlier in the year but it was off and on, and I am not certain if I will be able to get pay stubs for that job she was working earlier in the year. Can I just take the paystubs she is working from her full-time job now since middle of August and use those to project her current annual individual income?

 

 

Edited December 17, 2019 by Kerri and Myles

[K + M 47]

I have been looking and from everything I have found pertaining the 1 post directly before this about calculating 'current annual individual income' would be that doing it that way is correct, please correct me if I am wrong.

 

I am just going to ping a couple people to bring this latest topic to light

 

Thank you in advance

 

@pushbrk  @Villanelle @Jorgedig  @NikLR

 

Also a status update, we are getting my mom's pay stubs soon (within the week most likely), and with that we will calculate and fill in her current annual income, and will use my dads YTD earnings. WIth getting this completely figured out, should almost be done, you all have been so much help, can't say thank you enough.

Edited December 19, 2019 by Kerri and Myles

[pushbrk 12,877]

I've already given advice not to count overtime.

[K + M 47]

1 hour ago, pushbrk said:

I've already given advice not to count overtime.

Thanks, just wanted to make sure, although what about the scenario of starting work in August, if the annual salary would be for example 49k, if worked from August - end of year, the 'current individual annual salary' would be calculated as: date from when started work - end of year since calculating now at end of year correct?  The answer would be that as that would be the predicted current annual salary and you wouldn't put 49k?

 

That's how I was seeing is the correct way to calculate it when starting a new job, and then for my dads I can use the YTD(if using paycheck that goes to 12/31) of gross not counting overtime.

 

Example of this being for mom if Salary (gross, not counting overtime)= 49k and Started work mid August:  Mid August - End of year = 4.5 months 49k/12=4083*4.5=$18,373, and this would be her current annual individual income.  Would this be the correct way to go about this? From everything I have read and researched this is correct. 

 

Then would just add this amount with my dads gross excluding overtime income YTD at 12/31 and that would be the current annual household income of 2019.   

[K + M 47]

Also I just made a realization, on my own person I-864 I stated my whole annual salary from my EVL for my current annual individual income, although I started working my job January 19th, so I am guessing I need go back and change this number in my updated I-864 that I am sending in, to not include the dates of Jan 1st - January 18th?  The number regardless is above 125%, but I am still getting the joint sponsor, but would it be worth to go in and change this number?  

Edited December 19, 2019 by Kerri and Myles

[Lemonslice 4,836]

Current annual income =\= calendar year income

 

If my employer's offering me a $80k per year salary, I am making $80k per year, no matter if I start in January, March, or December.

[K + M 47]

12 minutes ago, Lemonslice said:

Current annual income =\= calendar year income

 

If my employer's offering me a $80k per year salary, I am making $80k per year, no matter if I start in January, March, or December.

Yes that is correct, to align with your statement from what I have seen from many posters and this article aswell:

 

 

is that it is meaning "what he or she is likely to have earned by the end of the year"

 

 

Also from this poster aswell:

 

 

Both those are stating that "current annual individual income" = "anticipated earnings/income for the year" 

 

So by you stating that they are not equal, I am guessing you are saying that you take from when you started and figure out your yearly earnings, and put that as the current annual individual income?  If so then that confirms everything, and makes perfect sense, and aligns with the above.

Edited December 19, 2019 by Kerri and Myles

[pushbrk 12,877]

6 hours ago, Kerri and Myles said:

2019income just wanted to make sure, although what about the scenario of starting work in August, if the annual salary would be for example 49k, if worked from August - end of year, the 'current individual annual salary' would be calculated as: date from when started work - end of year since calculating now at end of year correct?  The answer would be that as that would be the predicted current annual salary and you wouldn't put 49k?

 

That's how I was seeing is the correct way to calculate it when starting a new job, and then for my dads I can use the YTD(if using paycheck that goes to 12/31) of gross not counting overtime.

 

Example of this being for mom if Salary (gross, not counting overtime)= 49k and Started work mid August:  Mid August - End of year = 4.5 months 49k/12=4083*4.5=$18,373, and this would be her current annual individual income.  Would this be the correct way to go about this? From everything I have read and researched this is correct. 

 

Then would just add this amount with my dads gross excluding overtime income YTD at 12/31 and that would be the current annual household income of 2019.   

Not current year pay.  Calculate a year going forward from now at the base pay rate.  Current income is not, "current year income" or "2019 income".  It's "current income".  If you took a job today for 49k, then 49k is your current income.  If you lost your job yesterday, then zero is your current income.

[K + M 47]

11 hours ago, pushbrk said:

Not current year pay.  Calculate a year going forward from now at the base pay rate.  Current income is not, "current year income" or "2019 income".  It's "current income".  If you took a job today for 49k, then 49k is your current income.  If you lost your job yesterday, then zero is your current income.

ohhhhhhhh, see the way I was thinking they base it is from years as in Jan 1st - December 31st, but for this that isnt the case?  It is just what you would make in a year going forward from today.  So I could take a job on December 20th for lets say example 50k, and my current individual annual income would still be 50k?  even tho I am only working for the very last part of that tax year?  I would not only calculate December 20th-December 31st as my current individual annual income as that would not be the scenario?  

 

I think the mistake I Was thinking is that current annual individual income ran coincided with that current tax year, and they used the same timeline.  But its as simple as the answer to that is if you have a job today, your current individual annual income is how much you would make in a year going forward from that date.  

 

That all makes much more sense now and I see how the two portions of the I-864 of tax information and income are completely seperate now as you have reporting your income from the previous tax years and transcripts to back it up, and reporting "current", with current being the keyword here now I understand, income as what you make from a year going forward from the date of hire or if already working at a job for a while, the earnings for the current year, and how the current income is then backed up with pay stubs to showcase that current income holds truth.  

 

Thanks for explaining it that way, I most likely was overthinking it, which is probably why it all seemed way more complicated than it is, but now it all makes perfect sense.  

 

What I will put for the 3x current annual individual incomes I have to calculate for me/dad/mom

 

Me: The gross income stated on my EVL

Dad: The YTD gross earnings excluding overtime on the check dated 12/31/2019

mom: I will have around 4-5 months of pay stubs for her most likely and I will take the average of the months pay and simply multiply that by 12 to get her current annual individual income.

 

Then for the Tax years total income, I am stating the Total Income line right above the adjustments section on the tax transcripts for each tax year.

 

Other than that I am including the W-2's that I have for mom/dad for the last 3 tax years since they are MFJ. 

 

Again thank you

[K + M 47]

Also as I see how it is now, it's being seen that thanking about how it was explained in this post:

 

 

Is incorrect.

[pushbrk 12,877]

28 minutes ago, Kerri and Myles said:

Also as I see how it is now, it's being seen that thanking about how it was explained in this post:

 

 

Is incorrect.

No.  If it doesn't agree with what I told you, it's wrong, for your circumstances.

[K + M 47]

2 minutes ago, pushbrk said:

No.  If it doesn't agree with what I told you, it's wrong, for your circumstances.

With me going about doing everything exactly this way as stated above:

 

What I will put for the 3x current annual individual incomes I have to calculate for me/dad/mom

 

Me: The gross income stated on my EVL

Dad: The YTD gross earnings excluding overtime on the check dated 12/31/2019

mom: I will have around 4-5 months of pay stubs for her most likely and I will take the average of the months pay and simply multiply that by 12 to get her current annual individual income.

 

Then for the Tax years total income, I am stating the Total Income line right above the adjustments section on the tax transcripts for each tax year.

 

Other than that I am including the W-2's that I have for mom/dad for the last 3 tax years since they are MFJ. 

 

I wanted to ask if all this is correct?  

 

Also for calculating household size, my dad has his spouse, the immigrant he is sponsoring, 1x child under 18, and me-my other brother who he claimed on his taxes so the household size is 6 correct?  There is another older brother I have, but they didn't claim him on their taxes, and he isn't living here as he is in school and hasn't been living here for a couple years so they aren't "financially responsible" for him correct?

[pushbrk 12,877]

What are you referring to when you ask about 3x current.....?  I'm not aware of any such question.

 

Total income is the correct line for the tax section.

 

You have the rest right.

[K + M 47]

8 minutes ago, pushbrk said:

What are you referring to when you ask about 3x current.....?  I'm not aware of any such question.

 

Total income is the correct line for the tax section.

 

You have the rest right.

oh I just meant the 3x different current that I have to report, myself(my I-864), my dad (joint sponsor I-864), my mom (household member I-864a)