Tuesday, June 28, 2011

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  • chintu25
    01-12 08:23 PM
    Answers in GREEN


    Thanks for the post, i am interested too, i am not a pattern day trader but a normal trader as of now.

    Could you please post how this has affected your tax return filings, do we need to do something extra while filing tax returns if one is a pattern day trader?

    Whatever you earn from Trading is taxable as your earned income. On the flip side if you ve made losses there is a provision for some tax deduction as well . Contact a good Tax consultant

    I believe that I will pay tax only if I earn and I will definately earn more than I pay tax

    Also it suggest that there should be minimum equity balance of 25K, are they referring to the value of stocks...

    Yes for day trading you need 25k but you dont need to have 25 k . For starters I trade something where I buy EOB today and sell off SOB(START) of business tommorow

    I recommed reading day trading concept at wiki I will post some rules as well as ways to trade like PDT with a smaller account

    Yes as you said i too was thinking about it, there is only so much one can earn because in my situation i cannot shift employer, nor does the current one pay me enough or is willing too, so we all must look at alternate sources of income (but take our own risk and decision)....

    Welcome aboard friend same situation here

    I started trading with sharebuilder recently.... and they did give me a 50$ coupon to start with...

    Thats great ...I know a few trading sites offering very cheap trading fees

    As pappu said, yes we need to share such info with our fellow folks so that everyone gets benefitted and if we make money we can contribute atleast a small part of it to IV.... (win-win for all).

    There is so much information to share....





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  • EB2_Unite
    09-26 02:33 PM
    I assume you all checked ur GC wait time - which probably gave u like 10yrs or 18 years from today. Are you expecting vertical spillover to put you on fast track lane?? say getting a GC in 2010? 2011?? 2012???

    vertical spillover will only help EB3's that are very close to Visa Bulletin dates.

    There are app 200k people waiting, changing how they allocate leftovers is not going to help 200k hungry people. What we need is more food (more Visa's).

    I am awe'd by the shortsightedness of the solution being discussed in this thread. Do you really think vertical spillover is going to help an EB3 > jan 2006???

    when we are ready to spend "X" $ on getting a law change for "vertical" spillover, why not spend "x+y" $ and put same effort and get a permanent solution - "Visa recapture" ???

    Moreover the latter is certainly going to get you a bigger participation from EB community. Visa recapture will benefit the entire EB group and future applicants too.

    I strongly urge you folks to think about these.

    ===========

    Hi,

    Whatever you or I (or similar people) say is only going to get us red dots. Even if EB2 people talk sense, no one in EB3 is going to listen. It is simple human behaviour - we are all here to safeguard our own interests. Not still sure if the forum is going to side with EB3 or remain neutral. Surely they can support EB3 - they have the liberty to do so and it is perfectly right. In that case, EB2 should create their own platform to defend their interests... May be EB2 guys should think about it...In my opinion, everyone has the right in a democracy to work legally towards their goal / ambition . This is absolutely jutsified. It is not a sin. All that I am trying to say is that EB2 folks should be proactive and act before it is too late.
    If EB3 were to race ahead of EB2 tomorrow, will they support EB2 or work for equitable distribution? How many amongst EB3 have used the Labor substitution to their advantage? Will they back out now? Let them touch their heart and answer this, instead of giving red dots :)





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  • coopheal
    07-14 11:37 AM
    We took both of them to the doctor and the doctors treatment some how is working for only one... even if u change the doctor same thing..

    Be it EB2 India or EB3 India or EB2 China or any other category. All of us are suffering. Some of us more than others.

    But... as much as you like it their will not be a EB3-I only bill or admin fix.

    Only thing which will fix the issue is EB reforms (more visa, elimination of country limits, STEM expemtions etc) which IV is fighting for.

    IV is not your partent. All of us combined make IV. If you are affected more then show by acting accordingly.
    Lobby now, meet your representatives now so that come March next year when CIR may be discussed our provisions are not only included but also have a solid backing.
    If we do not do our share or work now, we will be disappointed when CIR or any other immi bill come up.

    Show your commitment by contributing to IV. Meet law makers.





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  • Caliber
    07-13 03:27 PM
    God help EB3I

    I am not offending any one and that is not even my intention.

    God already helped us with good jobs. EB3 I waiting numbers are around 60,000. I am sure at least 20,000 of them are either IV members or silent members. If half of 20K contribute just $100 (Hundred) dollars, that will be a million dollar kitty which will make HUGE impact during lame duck session. Any takers? But every one has to contribute.

    God will not come to our rescue when we can help ourselves.



    more...


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  • xela
    04-09 07:58 AM
    I had called them last week and was told the ususal spiel about my processing time not being current. But the lady also slipped with some piece of info that I did not have before: The processing dates are updated every 2 weeks....we do not see that online. While I am not sure that is true, I still figured hey let's call again and see. So yesterday the guy on the phone told me that I am outside their processing times and that he will put in a service request to make sure they will take care of my application....and my RD is July 2nd.....so their might be some truth about them internally updating processing times.....maybe





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  • chintu25
    01-13 10:58 AM
    What form does your brokerage firm send you at the end of the year? Is it a 1099-INT form that records your profits for the year? What if it were a loss. Do you still get a 1099-INT.

    An H1B working for a single employer will have only one W-2 but he / she may have different 1099-INTs from savings accounts / trading firms etc for filing taxes. This should be ok, correct?


    Investments are not reflected on W2. If you use a broker such as TDAmeritrade etc they will issue you a 1099

    You will receive an IRS Consolidated Form 1099 - an all-inclusive document showing your reportable income and transactions for the entire tax year - if your brokerage account received at least $10 in either dividends, interest or original issue discount (OID) income, or had an equity sale, in the 2008 tax year.

    - You will not receive a Consolidated Form 1099 for a retirement account, tax-exempt account, corporate account or foreign account.

    - In addition, you may receive a corrected Consolidated Form 1099 if you held an investment trust that reclassified income after this form was sent to you.


    There are 2 sets of rates.

    1. Short Term Captial Gains
    2. Long Term Capital Gains Taxes

    Short term capital gains taxes are on stocks that have been held less than one year before selling.

    Long time term capital gains taxes are on stocks that have been held more than one year before selling.

    Long term capital gains taxes are less than short term capital gains taxes.

    If you don't sell the stock, there is no tax on the capital gains.

    The amount of tax depends your tax bracket.

    The taxes on dividends are usually less than short term capital gains tax. So if you have a stock that is about to pay a dividend, get the dividend before selling, as that will reduce your capital gains.

    Hope this helps



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  • lutherpraveen
    01-19 01:24 PM
    On a related note, free riders may not be checking this forum. The title says that this is of no interest to them.

    I agree, titles like "H4 to H1", "Changing Employers", "Urgent question" etc. etc. will obviously be visited more.
    May be a gentle reminder about contributions in other topics would help.
    How sad it is that we don't get support from our own.





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  • BadDeal
    05-19 10:18 AM
    Check the link
    <http://immigrationvoice.org/forum/forum70-self-filing-documents-forms-directions-mailing/5049-helpful-info-for-i-485-i-765-and-i-131-a.html>

    I am in the same boat, I am hoping to be current in couple of months, I would like to know the process on how to add my spouse to my I485 application



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  • pappu
    01-20 09:10 PM
    Total people that have signed up till now is : 154

    We have a lot of ground to cover and only 154 members have shown commitment.

    The whole retrogression is very depressing if you were to look at numbers and predictions based on the numbers. This is the reason we need to work harder and contribute our time and money for this effort. If we cannot do it this year, then we can easily forget getting a greencard for the next 2 years and more. There will be no immigration bill next year due to presidential election.

    This is all the more reason for us to go all out and get the immigration bill passed this year itself. We need all members to help in this effort. We have a strong membership of around 8500 members we can count on for support. However it is sad that only 154 members have thus far contributed in the past 1 week despite all the effort to raise funds. IV is prepared to go all out and get the work done, the question is ARE YOU?





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  • bskrishna
    05-09 11:25 AM
    While I agree with most of what you have said, some of this anxiety will be removed or minimized if USCIS has a published or documented way of going through with these approvals (like PD,RD,ND etc)instead of randomly choosing a case.



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  • BharatPremi
    10-12 02:46 PM
    "Year 2003 - EB2 faced little retrogression briefly for 4-5 months and
    second trend of RIR denials and second trend of forcing EB3- NON RIR
    filing. EB3 faced brief retrogression for 2 months. "

    Bharat Premi please clarify

    It is difficult for me to produce all "Proofs" at this point of time, perhaps if I dig my some of past CDs I may be able to bring some articles but it will be a hell of time. Anyway still trying to put some explanation. First of all you need to understand the difference between today's bulletin system and bulletin system prevalent around 1999-2003. I vaguely remember, mostly till 2002 mid only Mexico and Philipines and India were "oversubscribed" countries.INS played a very smart game with bulletins then as well but somehow there was no public cry like what we experienced during this july. I do not remember exactly but probably during almost whole 2003 and perhaps for some months during 2002 India was out from "Oversubscribed" category. Before that India was used to be "Current" almost all the time. Now during the time India compeltely disapperared from bulletins, we needed to solely depend upon the internal news about retrogression and most of the information I was used to get from immigration.com and murthy.com articles and many articles were talking about this EB2 and Eb3 retrogression.





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  • ps57002
    05-16 07:26 PM
    I left messages for all... I will try calling again during office hours on Monday to get a live person...



    more...


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  • spicy_guy
    07-14 11:38 AM
    EB3 Other workers has the most wait time compared to EB3 general. So by your logic people who are waiters, chef, janitors and farm workers should get the greecards before you. :D

    And what will happen if CIR passed. All 13 million will be in a category that will be most backlogged. Should they get all greencards before you?

    Well, thats spillover... Its not that USCIS is going to allocate more visas for EB3 or more Visas. So spillover, yes!





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  • desiin_va
    05-15 03:04 PM
    CHECKLIST OF DOCUMENTS FOR ADJUSTMENT OF STATUS

    2.*Copy of Birth Certificate of Employee and ALL Dependent Family Members
    (Please provide translations if not in English)

    ** If NO birth certificate is available then a �Non-Availability Certificate� MUST BE SUBMITTED with Affidavits of Birth, Executed by two immediate family members who were 5 years of age or older at the time the birth took place�
    (Please see attached sample)

    *** If a birth certificate was recently issued, then it MUST BE SUBMITTED along with Affidavits of Birth, Executed by two immediate family members who were 5 years of age or older at the time the birth took place�(Please see attached sample)

    *** Please also include U.S. Citizen Children�s Birth Certificate(s)


    10.Copies of ALL I-94 cards, I-797 Approvals (H-1B & H-4s), I-20s, and EAD cards.



    radhagd, thank you for the information.

    Couple of questions to all gurus:

    Is there any time limit to say birth certificate is recent? I got my birth certificate in Jan'07, trying to see if i need to sumit the affidavits?

    Also do we need to have copies of all I-94 cards since the first time we entered US? Looks like i don't have the I-94 copy which was issued when i entered in 1999 for the first time. In that case what would be the solution?

    Thanks in advance for the feedback.



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  • wizkid732
    08-05 07:33 PM
    I thought i was the oldest, but someone got a GC this week after 16 yrs wait. my first attempt was in 1998 sept (never filed and sat in the lawyers office for 6 months) while i was working hard. Second went into NY DOL (2001) and after 4 yrs my company shut down - labor was in backlog center. Last attempt started in 2005. Aug 11th it will be 15 yrs. Not sure what i am doing here or why i am clinging on to this. Hanging in the same field, no growth and no enthu. Most of my friends put up their citizenship oath taking pics in facebook or are back in india

    we waited so long, hang in there for a few more days. hope all will be fine.

    I may beat you on total wait time. it's 15 yrs since i entered this country (1995).
    first labor filed 1999 (11 yrs back), current one started in 2004





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  • looivy
    02-02 03:22 PM
    Pappu, thanks for the initiative. I will contribute.

    I also have another suggestion. Why don't we also do a targeted campaign at partnering with corporate HRs to push for EB relief. Many corporate HRs are aware of the EB2 and EB3 retro pains. These corps rely on EB2 and EB3 folks for innovation and technology. Corporations have a lot of power in pushing legislation. I am just suggesting to try other channels as well. Corporates being just one.

    Here is a list of some major corporations in the Midwest to start with. Others can add to the list from midwest and other geographies.

    Company Mail address
    All State 2775 Sanders Road, Northbrook, IL 60062
    State Farm State Farm Insurance, One State Farm Plaza, Bloomington, IL 61710
    Kraft Three Lakes Drive, Northfield, IL 60093
    Walgreens 200 Wilmot Road, Deerfield, IL 60015
    Abbott Labs 100 Abbott Park Road. Abbott Park, Illinois 60064-3500
    Caterpillar 100 North East Adams Street, Peoria, Illinois USA 61629
    Motorola 600 North U.S. Highway 45, Libertyville, Illinois 60048 USA
    Eli Lilly Lilly Corporate Center, Indianapolis, Indiana 46285



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  • v2neha
    05-15 05:35 PM
    Called all offices and left voice messages - read this action item too late in the day to be able to speak to the staff themselves.

    Rep. Ciro's office did not put me to voice mail of immigration staff. Asked me if I belonged to IV - when I said yes, he said they have been receiving quite a few calls about 'those two bills' from ImmigrationVoice. He also said that since they receive a large volume of calls from their constituents as well, they have to be prioratized over us. He however promised to convey the 'ImmigrationVoice's' request to the Rep.





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  • pappu
    02-15 02:59 PM
    pls all use
    http://immigrationvoice.org/index.php?option=com_iv_invite_friends&Itemid=55
    invite your friends tool to spread the message





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  • snathan
    03-22 10:47 AM
    Totoro,
    Thanks for responding., we appreciate it.
    Good that you took it in the right spirit. All the efforts you are trying for us are inline with what even I wanted to do, but dont have as much access as you do. Search the forums with my id and you will see for yourself. To my knowledge there are very few who can do what you are doing. I wish Moderators and IV Core endorse your efforts in the form of a campaign and you will see much more participation. Look at the other drive they are doing for create a fund of $10000.00 If they endorse you (thats we) will get response in that order. Can you please ask Aman to do that, and that way we will have more voice.


    All,
    I am not sure if most of you guys even remember what my group said. We WILL contribute even $3500 and more, if there is a campaign for EB2 and EB3 and for guys waiting 5-10 years . Not sure why most of you, even senior guys(by join date, and not by # of posts) just rememer the $3500 part all the time with my name :) but miss what we said. Go n read it again.And if Core endorses does effort, I will not be surprised if there will be contribution from as much as 5000 members each of $100 on avg= $500,000. No kidding, thats the pain EB3 is facing.. Anyone to disagree??.

    Gangutelli,
    Gantuteli is real or fake.. similarly. Did you put all your details EXACTLY.. You know the answer.. Be little practical and have some profile that is like yours atleast.
    Where were you before Jan 09..Didnt hear about IV before??.Flower campaign that hit the news.. You appear to be very emotional, with very less maturity.. Nothing personal, anyone here sees it.. check them yourself with a mature friend.I know you will post 1000 posts in the next 1 month. Tell me the secret how you get that much time(I am begging for few extra hrs in last 1 month), but only in case you have a job. Else we know.
    And I said I will contribute $50 to FOIA campaign last week but did not send it yet. I will do it today. This is not in response to you Q reg contribution.. If you noticed, no one responds to your posts.
    Did you create any new thread with some ideas, good or bad... Please respond to this last line, for sure..and if so, can you give me that link..

    First try to contribute $25 before you talk about your groups contribution of thousands of dollars....Too much empty boasting.





    485_spouse
    05-15 02:17 PM
    � Filing Fees: $1450.00 ($315 x2) + ($165 x 2) + ($175 x 2) + ($70 x 2); for two petitioners (indianabacklog - reported these fees are outdated. Please check these fees with USCIS website)
    � Form G-28, Notice of Entry; (for each petition (I-485, I-765 & I-131) and for each petitioner
    � Form 1-485, Application for Permanent Residence, with two (2) photographs attached and picture I.D.;
    � Form 1-13 1, �Application for Travel Document,� with two (2) photographs and picture I.D.;
    � Form 1-765, �Application for Employment Authorization,� with two (2) photographs and picture ID.;
    � Copies of Form 1-94 and H-lB visa stamp;
    � Copy of Form 1-797 Approval Notice for H-lB Petition;
    � Copy of Form 1-797 Approval Notice for 1-140 Petition;
    � Copy of passport;
    � Copy of long form birth certificate;
    � Copy of marriage certificate;
    � Form 1-693, Medical Examination Results (sealed); (In medical examination go for chest X-ray instead of skin test).
    � Form G-325, Biographic Information.


    Try to read all the forms before you signed and send to attorney. Due to heavy work more chances to mess up the information from attorney side. Try to download all these forms from USCIS (some of these are fill able with save option) and try to fill as much as you can, at least your personal details, residency history in US etc and compare with your attorney documents when they sent for your signature.


    Best of luck guys who all are eligible to file their I-485 after long waiting time.
    What is this picture I.D.? My wife is on H4 the only I.D. she has is passport ( NO DL). What else can we submit for photo id?





    sanjay
    04-07 10:14 AM
    Offcourse, you have only 8 posts in this forum and very much junior to this community.


    Having 8 post or 800 should not count for seniority. we should be able to ask ourselves how much productive contribution we have towards this forum instead of how much contribution we have to this forum. QUALITY is what that matters more than QUANTITY.

    Just my thoughts.



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