Two i-864 queries: exchange rate and sponsorship
#1
Just Joined
![](https://britishexpats.com/forum/images/ranks/star.gif)
Thread Starter
Joined: Mar 2008
Location: London, UK
Posts: 23
![henryc is an unknown quantity at this point](https://britishexpats.com/forum/images/reputation/reputation_balance.gif)
![Post](https://britishexpats.com/forum/images/icons/icon1.gif)
Hi all,
We're doing direct consular filing in London and have been told that the embassy has now received our i-130, hooray!
We're now preparing the i-864. My wife, the USC, will be leaving her job in London so we have asked my mother-in-law to serve as a joint sponsor for financial reasons. Is it still correct for my wife to be listed as the primary sponsor on her own i-864? Line 8 in Part Three indicates that applications involving a joint sponsor should select "no" - should they both select this option on their respective i-864s? Surely one of them should affirm that they are the primary sponsor, but we're not sure which one.
Finally, does anyone know where we can check the official US-UK exchange rate being used to report UK income in US dollars for the i-864?
If there is no official rate, is it acceptable to simply use last year's IRS rate, or calculate income based on the going rate (GBP 1 : USD 1.49) and note that you have used that rate on the form?
Many thanks in advance for your help.
Henry
We're doing direct consular filing in London and have been told that the embassy has now received our i-130, hooray!
We're now preparing the i-864. My wife, the USC, will be leaving her job in London so we have asked my mother-in-law to serve as a joint sponsor for financial reasons. Is it still correct for my wife to be listed as the primary sponsor on her own i-864? Line 8 in Part Three indicates that applications involving a joint sponsor should select "no" - should they both select this option on their respective i-864s? Surely one of them should affirm that they are the primary sponsor, but we're not sure which one.
Finally, does anyone know where we can check the official US-UK exchange rate being used to report UK income in US dollars for the i-864?
If there is no official rate, is it acceptable to simply use last year's IRS rate, or calculate income based on the going rate (GBP 1 : USD 1.49) and note that you have used that rate on the form?
Many thanks in advance for your help.
Henry
![henryc is offline](https://britishexpats.com/forum/images/statusicon/user_offline.gif)
#2
![Default](https://britishexpats.com/forum/images/icons/icon1.gif)
I don't know about the exchange rate question, but I do know your USC wife needs to complete an I-864 even though she doesn't qualify financially. She IS your sponsor.
Your mother in law will be a joint sponsor, and needs to complete her own separate I-864.
Edit: I looked at the I-864, Part 3, Line 8. Both your wife and her mother will check "yes" in that box. They are both sponsoring you, and you are the principal immigrant. "No" can only be checked if you have 2 joint sponsors. You have just one.
Rene
Your mother in law will be a joint sponsor, and needs to complete her own separate I-864.
Edit: I looked at the I-864, Part 3, Line 8. Both your wife and her mother will check "yes" in that box. They are both sponsoring you, and you are the principal immigrant. "No" can only be checked if you have 2 joint sponsors. You have just one.
Rene
Last edited by Noorah101; Jun 25th 2010 at 3:14 am.
![Noorah101 is offline](https://britishexpats.com/forum/images/statusicon/user_offline.gif)
#3
Account Closed
![](https://britishexpats.com/forum/images/ranks/star.gif)
![](https://britishexpats.com/forum/images/ranks/star.gif)
![](https://britishexpats.com/forum/images/ranks/star.gif)
![](https://britishexpats.com/forum/images/ranks/star.gif)
![](https://britishexpats.com/forum/images/ranks/star.gif)
![](https://britishexpats.com/forum/images/ranks/star.gif)
![](https://britishexpats.com/forum/images/ranks/star.gif)
![](https://britishexpats.com/forum/images/ranks/star.gif)
![](https://britishexpats.com/forum/images/ranks/star.gif)
![](https://britishexpats.com/forum/images/ranks/star.gif)
Joined: Aug 2002
Location: Kentucky
Posts: 38,865
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_pos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_pos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_pos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_pos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_pos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_highpos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_highpos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_highpos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_highpos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_highpos.gif)
![ian-mstm has a reputation beyond repute](https://britishexpats.com/forum/images/reputation/reputation_highpos.gif)
![Default](https://britishexpats.com/forum/images/icons/icon1.gif)
Line 8 in Part Three indicates that applications involving a joint sponsor should select "no"...
... should they both select this option on their respective i-864s?
Finally, does anyone know where we can check the official US-UK exchange rate being used to report UK income in US dollars for the i-864?
Ian
Last edited by ian-mstm; Jun 25th 2010 at 3:32 am.
![ian-mstm is offline](https://britishexpats.com/forum/images/statusicon/user_offline.gif)
#4
Just Joined
![](https://britishexpats.com/forum/images/ranks/star.gif)
Thread Starter
Joined: Mar 2008
Location: London, UK
Posts: 23
![henryc is an unknown quantity at this point](https://britishexpats.com/forum/images/reputation/reputation_balance.gif)
![Default](https://britishexpats.com/forum/images/icons/icon1.gif)
Thank you all very much for your replies - I was thinking that an application with two sponsors would require that both take the status of joint sponsor! We really appreciate your advice.
Henry
Henry
![henryc is offline](https://britishexpats.com/forum/images/statusicon/user_offline.gif)
#5
![Default](https://britishexpats.com/forum/images/icons/icon1.gif)
Unofficial Exchange Rates 2003/2009
You must report all income in U.S. dollar equivalents. The IRS has no official exchange rate. Any posted exchange rate that is used consistently is acceptable. For additional exchange rates, check the U.S. treasury website at http://fms.treas.gov/intn.html#rates. Taxpayers generally use the yearly average exchange rate to report foreign income that was regularly received throughout the year.
(more)
![meauxna is offline](https://britishexpats.com/forum/images/statusicon/user_offline.gif)