US visa needed document: Affidavit of Support?

Question

If I(an US citizen) am going to provide that document for a relative's US immigration visa next year, will my stock loss affects the VISA?

I have a decent job and good income, and five years ago, I bought quite large amount of stock, and the company suddenly went bankrupt this year and all my stock had been wiped out.

For example, if my income from job is $X for this year, and the stock loss is $Y, where Y > X. So technically I have negative income this year, but I am only allowed to claim 3000 stock loss per year. So should my financial ability is (X-3000) or (X-Y) for this this year.

I think I will need to provide the most recent three years of financial information, since the VISA is in next year, so I will need to provide financial information of years 2011, 2012 and 2013. Will my current year (2013) of financial information be okay as Affidavit of Support document?

Thanks.

Answer 1

Just stick with what your income is for this year. Your stock loss is a tax issue... not a current income issue. (as you are not going to write off the entire loss in one year and obviously have enough income left to provide for you and if necessary for the relative you are vouching for).



Don't over complicate the matter... a simple copy of your W-2 is all they need and if you use income tax documents... they look at your income before you deduct the stock loss.



If we had to list all our debt/loss at the same time... no average American citizen could possibly be able to vouch for a foreigners' financial safety... the average American household is tens of thousands in debt with credit cards alone.

Answer 2

And you do seem to have your own problem at this time in your life with this Affidavit of Support for a relative and immigration so just make sure that you do fill out the form correctly and completely as you will be required to do and honestly so that when you do sign it swearing that every thing is correct at that time in your life RIGHT.

Hope that you find the above enclosed information useful, 09/16/2013

Answer 3

Not the right place to ask this. This is for taxes not immigration.