Stocks Trading and Other Income

Hi experts,

Here is the situation i'm in and appreciate any inputs/pointers. I am on h1 and my salary is much more than LCA figure.

I started trading Options for the last 3 years. First year i lost some money. Second year made some good money. So no issues.

This year, i made more money ( in seven months) than my would be salary for the whole year.

Will this be a problem when i renew my H1 / file 485? I am of the understanding that Options/Stock trading is not considered as an employment.

***I am posting in this thread to get traction. Please move to respective thread later***

Thanks in advance!

ZERO impact shiva. The gains will be taxed at normal income tax rate given they are short term gains I assume.

Good luck trading!!

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Originally Posted by shivab55

Hi experts,

Here is the situation i'm in and appreciate any inputs/pointers. I am on h1 and my salary is much more than LCA figure.

I started trading Options for the last 3 years. First year i lost some money. Second year made some good money. So no issues.

This year, i made more money ( in seven months) than my would be salary for the whole year.

Will this be a problem when i renew my H1 / file 485? I am of the understanding that Options/Stock trading is not considered as an employment.

***I am posting in this thread to get traction. Please move to respective thread later***

Thanks in advance!

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