NVC asking for w2/1099 forms (merged thrice)

[mgul 4]

I submitted form 1040 tax returns for myself and the joint sponsor. NVC sent a message asking for W2 or 1099 forms. we dont have these as joint sponsor is self employed and I am not employed and live abroad. What should I do? 

Edited April 30, 2023 by TBoneTX

[SteveInBostonI130 3,471]

You should not need to submit 2022 taxes now.  For 2021 taxes, submit tax transcripts.

[mgul 4]

I submitted 1040 tax return. Is tax transcript different than a tax return?

37 minutes ago, SteveInBostonI130 said:

You should not need to submit 2022 taxes now.  For 2021 taxes, submit tax transcripts.

I submitted 1040 tax return for 2021. Is tax transcript different than a tax return?

[Crazy Cat 41,985]

33 minutes ago, mgul said:

I submitted 1040 tax return. Is tax transcript different than a tax return?

I submitted 1040 tax return for 2021. Is tax transcript different than a tax return?

A tax return is what the taxpayer creates (1040, etc).  A tax transcript is a document created by the IRS after the tax return is processed.

Edited February 14, 2023 by Crazy Cat

[Chancy 6,243]

*** Moved from IR1/CR1 Progress Reports to IR1/CR1 Process & Procedures ***

 

[mgul 4]

5 hours ago, Crazy Cat said:

A tax return is what the taxpayer creates (1040, etc).  A tax transcript is a document created by the IRS after the tax return is processed.

So what should I do if they are asking for w2 and I dont have them?

[Crazy Cat 41,985]

Just now, mgul said:

So what should I do if they are asking for w2 and I dont have them?

Write a notarized letter stating that. 

[Family 4,065]

You will need to write a separate statement for you and Joint Sponsor explaining there are no W-2 /1099 for either, yours due to unemployment and his due to self employment. 
Your self employed Joint Sponsor will keep getting rejected unless he has submitted proof of current income / business license or DBA. That means a Profit and Loss ( usually by tax preparer ) to substantiate net income for 6 months and bank statements for 6 months that show the deposits/gross revenue. 
***You will face this issue at Consulate even if you get past NVC****
 

So have your Joint Sponsor do that or try to get a W-2 employed Joint Sponsor.

You indicate you are living overseas, so prepare evidence of Re establishing domicile 

[mgul 4]

3 minutes ago, Family said:

You will need to write a separate statement for you and Joint Sponsor explaining there are no W-2 /1099 for either, yours due to unemployment and his due to self employment. 
Your self employed Joint Sponsor will keep getting rejected unless he has submitted proof of current income / business license or DBA. That means a Profit and Loss ( usually by tax preparer ) to substantiate net income for 6 months and bank statements for 6 months that show the deposits/gross revenue. 
***You will face this issue at Consulate even if you get past NVC****
 

So have your Joint Sponsor do that or try to get a W-2 employed Joint Sponsor.

You indicate you are living overseas, so prepare evidence of Re establishing domicile 

is this something you have faced with a joint sponsor? I havent heard that joint sponsor needed to provide deposits, etc. Some people say a tax transcript is enough for me and my joint sponsor

[Family 4,065]

2 minutes ago, mgul said:

is this something you have faced with a joint sponsor? I havent heard that joint sponsor needed to provide deposits, etc. Some people say a tax transcript is enough for me and my joint sponsor

Self employment proof of current income requirements is the same for Sponsors and Joint Sponsors. 

[mgul 4]

1 minute ago, Family said:

Self employment proof of current income requirements is the same for Sponsors and Joint Sponsors. 

I am not sure if I understand that, could you please clarify? As a sponsor I did not have to provide bank statements for the past 6 months. and havent heard about it from others

[Family 4,065]

You are unemployed, so you don’t need to provide current income 

[mgul 4]

7 minutes ago, Family said:

You are unemployed, so you don’t need to provide current income 

True, but I havent heard anywhere about providing last 6 months of income or bank statements. is this something you have an issue with?

[Family 4,065]

34 minutes ago, mgul said:

True, but I havent heard anywhere about providing last 6 months of income or bank statements. is this something you have an issue with

Well you have just heard it now, so you . Not sure what your sources are but there are ample posts on the subject on this forum…use the Search tab ( top right). 
My experience is extensive and hands on..but remember you’re on a free DIY site and are free to do what you wish with any info you read. 

And 6 months of bank statements are of no use unless accompanied by Profit and Loss.

Edited February 14, 2023 by Family

[pushbrk 12,998]

7 hours ago, Crazy Cat said:

A tax return is what the taxpayer creates (1040, etc).  A tax transcript is a document created by the IRS after the tax return is processed.

Yes, but there are multiple transcripts available from IRS.  What is required by NVC and/or USCIS is a Tax Return Transcript, not any of the others.