I will be the sponsor for my husband and I am self employed.
I'd like to know which "income" is reffered to in the "I-864 Affidavit of Support" form.
Gross income (without all deductions and business expenses)
Net income (after all expenses deducted)?
My gross income meets the requirement easily but the net income is not even close. Will it be wise to have a co sponsor then? Thanks!
Gross Income minus business expenses and deductions will be considered.
If you were a salaried employee, it would be gross income.
If the requirements are not met, a co-sponsor will be required. Consider consulting with an immigration attorney for case-specific advice. Contact information is readily available in Avvo or at AILA.
Generally, gross income - but since your tax returns will show significant expenses, it's good practice to anticipate a problem and perhaps get a co-sponsor or see if there is some other method of meeting the requirements.
Further info on joint sponsorship here: http://www.avvo.com/legal-guides/ugc/joint-sponsorship-legal-guide
Speak with a lawyer for further guidance on ways to handle this.