I took a business loss in 08 of -160k due to the economy, since then have not filed tax. But in 2010, I finally got a normal job 8-5 and income was about 30k, and will file tax this year for the K1 process.
My question is, we'r filing for K1 visa, and knowing that me, the petitioner has to show the form I-134, and the consular there asks for W2 and 1040 form - given the complications of the loss and the 30k income last tax year, my adjusted gross income would be affected and thus shows negative number, but my w2 shows that I did make 30k in 2010 and 2011 tax year which is coming and I am still working.
The main question is, does this pose any risks at all as far as financially support her in the eyes of the consular office? Or any sorts of red flags? The tax system is really complicated when it comes to "own business." Please give me some insights of what to do will be much appreciated, and what to fill out the form when they ask for "income".
My question is, we'r filing for K1 visa, and knowing that me, the petitioner has to show the form I-134, and the consular there asks for W2 and 1040 form - given the complications of the loss and the 30k income last tax year, my adjusted gross income would be affected and thus shows negative number, but my w2 shows that I did make 30k in 2010 and 2011 tax year which is coming and I am still working.
The main question is, does this pose any risks at all as far as financially support her in the eyes of the consular office? Or any sorts of red flags? The tax system is really complicated when it comes to "own business." Please give me some insights of what to do will be much appreciated, and what to fill out the form when they ask for "income".