Declared Losses on LLC in section 1040 when filing taxes -is this a reason for I-485 Denial

[shivaphysio]

I am currently on H1b Visa and i am applying for I-485 .I and my friends who are american citizen opened a LLC and in our agreement we had agreed that I am only a financial partner . My question is Last year when i Filed my Taxes i had declared losses on LLC in section 1040.Can this be an issue when i am filing my I-485 this year.

 

[Jackolantern]

It might raise questions about your level of involvement with the LLC, as you're not supposed to be actively working in it while on H1B. But investing in it is not grounds for denial.

If you're applying for a marriage-based I-485 and filed taxes as married-separately or single, you probably won't even have to produce your tax returns unless you're using your own income for the purpose of the I-864 Affidavit of Support.