epiphanyuk

Hello all. I will be adding my (applicant) income to the affidavit to make up the minimum as it will continue from the same source. All of my income is initially received in USD, which is then converted to GBP and obviously GBP is on my tax returns. So there are two options that I can see...

1) Use the dollar amount I initially received at the source before it was converted to GBP.

2) Convert the GBP on my tax returns to USD. If I did this, which exchange rate would I use for each year? The rate is vastly different today than when I earned my 21-22 and 20-21 income.

For example, if I made 40k GBP last tax year and converted that based on today's rate, the figure would be 46k USD. Whereas if I used the rate around filing time in January it would be 54k USD.

I know it's probably not a huge deal since both are over the minimum required, I just want to make sure I use what the USCIS would use to determine the exchange rate of historical income.

porkedpie

I think following the IRS rules would be the most prudent https://www.irs.gov/individuals/inte...exchange-rates

epiphanyuk

Thank you! Very helpful.

S Folinsky

I find your question quite puzzling. Are you talking about the U.S. I-864 affidavit of support? You state you have a source of income denominated in U.S. Dollars. The source of income in U.S. Dollars will continue in the U.S. What is there to convert?