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What you should know about Affidavit of Self-Employment

  1. Anticipated earnings for the next 12 months
  2. Previous year's income
  3. Please attach a current financial statement, accountant's statement of Net Business Income, income receipts, or any documentation you can provide to corroborate the above income projections.

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How to prepare Affidavit of Self-Employment

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By clicking on Get Form, you may open up an editable Self Employment Affidavit template. You may fill out and submit it on the internet. The editor is accessible from PC and smart phones.
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After the blank is complete, click on DONE to save edits and send the file. Make sure the form is complete and mistake-free before submitting it electronically.

About Self Employment Affidavit

A Self Employment Affidavit is a legal document that is used to declare the nature and details of one's self-employment activities. It serves as a statement of income and business-related information and is commonly required by various entities, such as government agencies, financial institutions, lenders, landlords, or other organizations involved in financial transactions. Individuals who work for themselves or have their own business, usually without being employed by any company or organization, often need a Self Employment Affidavit. This applies to freelancers, independent contractors, sole proprietors, consultants, entrepreneurs, or anyone who earns income through their own business ventures. The affidavit provides proof of income and relevant financial information, typically required for loan and credit applications, tax purposes, lease agreements, or government assistance programs. The self-employed individual may be asked to provide details of their business operations, such as the nature of the business, hours worked, clients or customers served, revenue generated, and expenses incurred. Additionally, they may need to disclose information about their estimated income, tax returns, business licenses, permits, or any other relevant documentation that demonstrates the authenticity and stability of their self-employment. The Self Employment Affidavit ensures transparency and accountability while affirming the individual's legal and financial obligations as a self-employed professional. It serves as a critical document in validating their income and business activities, helping stakeholders make informed decisions regarding financial transactions or assistance applications.

People also ask about Affidavit of Self-Employment

What documents do I need to provide with this form?
You need to attach a copy of last year's executed tax return including Schedule C.
What does the certification on this form signify?
The certification on this form signifies that the listed income amounts are accurate.
Is there a specific format for providing income projections?
You can attach a current financial statement, accountant's statement of Net Business Income, income receipts, or any corroborating documentation.

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Video instructions and help with filling out and completing Affidavit of Self-Employment

Instructions and Help about Affidavit of Self-Employment

Hi guys welcome back to my channel welcome if  you're new i hope you're having a fantastic day   wherever you are my name is xenia and i make  videos for people who like myself are going   through the family-based immigration process  i'm not an immigration attorney and i cannot   give you any legal advice my videos are based  on my personal experience the experience of my   subscribers and publicly available information  the purpose of my channel is to give you guys   the confidence to go through this process  completely on your own in today's video   we're going to talk about the affidavit of support  once again specifically the affidavit of support   for self-employed sponsors and sponsors who are  business owners this information will apply to   you if you are the petitioning sponsor or a  joint sponsor so before i begin i really want   to emphasize the fact that i am not an attorney or  a paralegal and you should use this video purely   for informational purposes if you have received a  request for evidence related to the affidavit of   support i highly suggest that you check out  my videos however i also recommend that you   schedule a consultation with an immigration  attorney who can look over your file and your   evidence before you submit your response to the  uscis request for evidence now let's address   the elephant in the room uscis does not like  business owners it may sound harsh but in reality   the practices that uscis have been employing  when reviewing files of self-employed petitioners   or self-employed sponsors has shown us that they  really really struggle with approving your files   your financial information your affidavit of  support when you are self-employed or when   you own a business if you are familiar with the  affidavit of support already you know that one   of the most important pieces of information that  they look for is your us tax returns a sponsor  ...