Tokyo-Chap

Hello everyone ,

I would like to seek help for Affidavit of Support Form I-1864 .

1) Currently , which will be the latest year of Income tax return
2001 or 2002.
The deal is for year 2001 , gross income is 21K USD which is
less than 125% poverty line and same for year 2002 is 27K which just
cross the line.


Can i go ahead and put as 2002. As i had alredy filed for 2002.

2) If i had to file for latest year as 2001.
I do have a income in terms of assets as property and Life Insurance.

So when i refer to Page 7 of I-864 , Am i suppose to write as follows

Indicate Most Recent Income Year - 2001
Sponsor's Individual Income = 21,000
Assets as in Property (In Blank lines ) = 10,000 ( after dividing by 5
)
Assets as in Life Insurance ( In Blank line) = 15,000 ( after
divinding by 5).

Total Household Income = 46,000

This above income is good enough to sponsor my spouse.

Please do let me know if am going wrong , also looking forward for
your valuable help .

I really cant mess up with this and extend my interview call.


Thanks a lot in adv.

Tokyochap.

MarcosAR

This thread has very good I-864 answers.

http://britishexpats.com/forum/showt...hlight=meauxna

meauxna

You can use either one. You are not required to use 2002 as it's not due yet, but if you've filed and like it better, use it.

I believe you should list the Gross value of your Assets. I attached an explanation sheet showing the math so that my assets equaled /5.

You are showing a high income for just the two of you; are there more immigrants you're sponsoring, other than spouse?

Tokyo-Chap

Frds looking forward for your immd. response.

As my date for interview is approaching .


Thanks in adv.




[email protected] (Tokyo-chap) wrote in message news:...
    > Hello everyone ,
    >
    > I would like to seek help for Affidavit of Support Form I-1864 .
    >
    > 1) Currently , which will be the latest year of Income tax return
    > 2001 or 2002.
    > The deal is for year 2001 , gross income is 21K USD which is
    > less than 125% poverty line and same for year 2002 is 27K which just
    > cross the line.
    >
    >
    > Can i go ahead and put as 2002. As i had alredy filed for 2002.
    >
    > 2) If i had to file for latest year as 2001.
    > I do have a income in terms of assets as property and Life Insurance.
    >
    > So when i refer to Page 7 of I-864 , Am i suppose to write as follows
    >
    > Indicate Most Recent Income Year - 2001
    > Sponsor's Individual Income = 21,000
    > Assets as in Property (In Blank lines ) = 10,000 ( after dividing by 5
    > )
    > Assets as in Life Insurance ( In Blank line) = 15,000 ( after
    > divinding by 5).
    >
    > Total Household Income = 46,000
    >
    > This above income is good enough to sponsor my spouse.
    >
    > Please do let me know if am going wrong , also looking forward for
    > your valuable help .
    >
    > I really cant mess up with this and extend my interview call.
    >
    >
    > Thanks a lot in adv.
    >
    > Tokyochap.

Mrtravel

Tokyo-chap wrote:
    >
    > Can i go ahead and put as 2002. As i had alredy filed for 2002.

If you have filed 2002, then that would be the one you show them.

    >
    > 2) If i had to file for latest year as 2001.
    > I do have a income in terms of assets as property and Life Insurance.

    >
    > So when i refer to Page 7 of I-864 , Am i suppose to write as follows
    >
    > Indicate Most Recent Income Year - 2001
    > Sponsor's Individual Income = 21,000
    > Assets as in Property (In Blank lines ) = 10,000 ( after dividing by 5
    > )
    > Assets as in Life Insurance ( In Blank line) = 15,000 ( after
    > divinding by 5).
    >
    > Total Household Income = 46,000
    >
    > This above income is good enough to sponsor my spouse.

More than enough.
If it is just you and your spouse, you only need around $15000
By the way, you know assets would be the value less anything owed.
Do you really have a life insurance policy that you can cash today for
$75000, or is that the death benefit amount? The asset value is the
value if you cashed it in, not if you died.