Financial Docs for I-864 - Still No 2022 Tax Transcript

[leeen21 27]

I'm finalizing all the prep on my end for my husband and stepdaughters' CR-1/IR-2 interviews in two weeks. I've uploaded updated I-864s for each case to CEAC, as well as updated supporting financial docs. The only document that I don't have is my 2022 tax transcript because it is not yet available from the IRS. I sent the return, signed by both my husband and me, along with a check for the tax payment on June 14. Because I filed an extension on my 2022 taxes, and my husband/stepdaughters submitted W-7 ITIN applications with it, everything has been delayed. Just yesterday, my husband was finally assigned an ITIN, and my stepdaughters' applications were rejected, so right now, my return is kind of in a holding pattern until we either re-apply for their ITINs, get their SSNs (assuming their visas are approved), or amend the tax return to remove my stepdaughters as dependents.

 

TLDR: no 2022 tax transcript, extension was filed, tax return was sent and payment was made in June

 

In lieu of the tax transcript, I have included the following documents to take to the interview (4 packets - one for each applicant):

• For 2022 tax year:
  • 1040 tax return for 2022
  • 1040-V payment voucher with copy of check and proof of deposit (from bank statement)
  • W2 from my primary employer
  • Schedule C from my self-employment freelance income
  • 1099s from freelance clients
  • Additional paid invoices and earnings reports from clients for whom I didn't get a 1099
  • My husband's income/tax report (as it was included in our 2022 taxes)
• 2021 tax transcript & W2
• 2020 tax transcript & W2

 

For proof of current income, I have included:

• Updated letter from my employer with my annual salary
• Letter signed by me verifying my self-employment
• 3 recent paystubs from my employer
• 3 recent paystubs from one of my freelance clients (independent contractor)
• Paid invoices and earning reports from clients to show self-employment income so far in 2023

 

All proof of current income, plus my 2022 tax return/W2/Schedule C, have been upload to CEAC.

 

 

Am I missing any other document that I could help the fact that I can't yet get my tax transcript?

 

[pushbrk 12,882]

You'll be fine with the above, but the 1099s are all you need as evidence of self employment.  What's tricky in your situation is how you state your "current income".  Two options.  The simplest is just to use the "Total Income" line from your 2022 federal tax return.  If that's clearly enough, that's what I would do.  

 

Other option is schedule C income on page one of your last 1040 plus your stated annual income from the Employer letter.

 

I see you've listed specific portions of your 2022 related tax return.  If that is the COMPLETE tax return, fine.  Otherwise, make sure it is.

[leeen21 27]

10 minutes ago, pushbrk said:

You'll be fine with the above, but the 1099s are all you need as evidence of self employment.  What's tricky in your situation is how you state your "current income".  Two options.  The simplest is just to use the "Total Income" line from your 2022 federal tax return.  If that's clearly enough, that's what I would do.  

 

Other option is schedule C income on page one of your last 1040 plus your stated annual income from the Employer letter.

 

I see you've listed specific portions of your 2022 related tax return.  If that is the COMPLETE tax return, fine.  Otherwise, make sure it is.

 

How I calculated my current income for the I-864 is 1) my annual salary as stated in my employment letter + 2) my one contracted freelance client (weekly income x 52) as seen in pay stubs + 3) my income so far in 2023 from other freelance. That figure only differs from the "Total Income" on my 2022 tax return by about $3,000. Both figures are above 185% of the threshold for my household size of 5 (that 125% number on the HHS table, so 200%+ of the poverty leve).

 

13 minutes ago, pushbrk said:

I see you've listed specific portions of your 2022 related tax return.  If that is the COMPLETE tax return, fine.  Otherwise, make sure it is.

 

I have included the complete 17-page tax return (the complete package sent to the IRS) for each applicant and uploaded to CEAC.

[pushbrk 12,882]

10 minutes ago, leeen21 said:

 

How I calculated my current income for the I-864 is 1) my annual salary as stated in my employment letter + 2) my one contracted freelance client (weekly income x 52) as seen in pay stubs + 3) my income so far in 2023 from other freelance. That figure only differs from the "Total Income" on my 2022 tax return by about $3,000. Both figures are above 185% of the threshold for my household size of 5 (that 125% number on the HHS table, so 200%+ of the poverty leve).

 

 

I have included the complete 17-page tax return (the complete package sent to the IRS) for each applicant and uploaded to CEAC.

That would only be correct on the current income if you are showing zero business expenses on your schedule C.

 

For the self employed, what money you receive, is "revenue".  It is NOT "income" until it appears on a tax return.  My best guess is that you'll be fine that way, but I already gave my two recommendations.

Edited August 30, 2023 by pushbrk

[leeen21 27]

52 minutes ago, pushbrk said:

That would only be correct on the current income if you are showing zero business expenses on your schedule C.

 

For the self employed, what money you receive, is "revenue".  It is NOT "income" until it appears on a tax return.  My best guess is that you'll be fine that way, but I already gave my two recommendations.

Ah you’re right. Appreciate that advice.

 

Oh well, it’s already uploaded. Even with just my W2 employment, the income clears the household size threshold. If they have any issues with the self-employment, we’ll address it then.