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Calculating income on I-864 for Married filing joint return

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  • Calculating income on I-864 for Married filing joint return

    I have a question about counting the income when filling the Form I-864 when a married couple files joint income tax returns.

    Myself and my wife are U.S. citizens. Including two minor kids, our current household size is 4. No previous sponsor obligations.

    I have simultenously filed I-130 for my 2 siblings: family of 4 and 5. My wife has simultenously filed I-130 for her 4 siblings: family of 4, 4, 4 and 2.

    Both I and my wife own a business, S-corporation. TX is a community property state (everything 50/50) but in S-corporation, I own 99% and my wife 1%. My W-2 salary is $140,000/year and my wife's $36,000 (both from same business).
    Lets assume the company's net income is $300,000.
    Therefore, I get K-1 for $297,000 and my wife for $3,000.I and my wife have several joint or separate bank accounts and lets say my interest income is $25,000 and hers is $20,000.

    In question 23, what do I enter my individual income: Is it $140,000 salary + $297,000 from business + $25,000 from interest?
    Or do I combine the income of both of us as per gross income on tax return?
    The same question for my wife.

    How do we fill question 24? Do I additionally enter my wife's income when I am sponsor and vice versa?

    Question 25 asks the income on federal tax return. That is obviously combined income. If I enter only my income (to the extent I can separate), in Q 23, that will be different from the amount here.

    In that case, does the spouse need to fill I-864A form?

    My own income (if that is something I can even say in this case) seems sufficient to sponsor all my sibling families. Does my wife still need to fill I-864A for my siblings?

    My wife's income (if even possible to separate) does not seem sufficient to sponsor all her sibling families. Do I need to fill I-864A for her siblings?

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