Yanne Cantik

Hi people,

Another question for this forum

My fiance's income from self-employment on his 2001 tax return is
insufficient.
However, he started a part-time side job in January 2002 to supplement
his self-employment income. Obviously he hasn't filed a 2002 tax
return yet

In order to meet the income requirements he needs to claim income from
both self-employment and his part-time employer.
But, he's unsure how to add the incomes together on line 7 in I-134.

So, what should he do about this?

Thanks,
Yanne

Mark

When he does his 2002 income tax return, on the front of Form 1040 he will
put his self-employment income on line 12 (Business Income), then he will
put the wages from his part time job on line 7(Wages, tips, etc). These
amounts will be added up on line 22 giving him a total income to show on his
I-134. When is he required to file the I-134 ? Will it be after he has
been able to do his 2002 Tax return or are you at that stage where you need
it right now ?

Mark

Mark
"Yanne Cantik" wrote in message
news:30b3d2fa.0210150351-
[email protected]...
    > Hi people,
    > Another question for this forum
    > My fiance's income from self-employment on his 2001 tax return is
    > insufficient.
    > However, he started a part-time side job in January 2002 to supplement
    > his self-employment income. Obviously he hasn't filed a 2002 tax
    > return yet
    > In order to meet the income requirements he needs to claim income from
    > both self-employment and his part-time employer.
    > But, he's unsure how to add the incomes together on line 7 in I-134.
    > So, what should he do about this?
    > Thanks,
    > Yanne

Yanne Cantik

Thanks for the info Mark. I'll need the I-134 ASAP for my interview.

Can he (still) put his 2001 self-emloyment income along with his
part-time income on I-134?

Thanks,
Yanne

Mark

Yes he can, just total up his income, self-employment and part time,
whatever income he has. If you have any more questions please ask, I'll
look at this post. Mark
"Yanne Cantik" wrote in message
news:30b3d2fa.0210152336-
[email protected]...
    > Thanks for the info Mark. I'll need the I-134 ASAP for my interview.
    > Can he (still) put his 2001 self-emloyment income along with his
    > part-time income on I-134?
    > Thanks,
    > Yanne

Yanne Cantik

Thx Mark, you're a real nice person

You see that this issue causes a terrible confusion (and depression as
well) to my fiance.

The thing is, he's not sure that he can do that (total up his income)
coz his income from his self-employment job comes from last year (2001
tax return).
While he started his part-time job in Jan 2002. Can he really total up
his income (from two different year) in I-134?

Well, he still have his self-emloyment job for this year (2002) of
course. But he can't state that income in I-134 since he hasn't pay
his 2002 taxes yet.

Thx,
Yanne

Mark

Yanne, I went to the actual form, the I-134 and read the directions.

It says if you are self-employed you must use your last income tax return as
evidence of your income. So for him, that would obviously be 2001. Now,
if his 2001 income isn't enough to meet the required 125% amount , but his02
return (yet to be filed will be enough), then perhaps he can go ahead and
get all his invoices together, and get it figured up so as you get closer
and closer to years end, he can finally fill it in and use the 2002 tax
return for your amount. That's why I asked where you are in the process of
things, anotherwords, do you think your Consulate interview will be before
the end of this year ? If so, then you may have a problem if his 2001 tax
return isn't enough.

Let me know, there are other ways to meet the requirement, if he has assets
that are worth 5 times the amount he is short, he can use those assets to
supplement the amount. If you go to

http://www.ins.usdoj.gov/graphics-
/index.htm

then click on forms, then roll down to I-134. Click on the download. You
will need acrobat reader to open it. Once there, read the fine print on the
form itself. The directions pretty much tell you how to do it.

Any other questions I'll be glad to help if I can.

Mark
"Yanne Cantik" wrote in
messagenews:[email protected] oogle.com...
    > Thx Mark, you're a real nice person
    > You see that this issue causes a terrible confusion (and depression as
    > well) to my fiance.
    > The thing is, he's not sure that he can do that (total up his income)
    > coz his income from his self-employment job comes from last year (2001
    > tax return).
    > While he started his part-time job in Jan 2002. Can he really total up
    > his income (from two different year) in I-134?
    > Well, he still have his self-emloyment job for this year (2002) of
    > course. But he can't state that income in I-134 since he hasn't pay
    > his 2002 taxes yet.
    > Thx,
    > Yanne