prakash780

LOL. Thanks Justin for the answer. I wish i was making that many $ in profit. That millions is for transaction meant. As a day trader each trade = 20k-50k which totals Millions at the end of the year.

Hello Friends, I got this question in my mind if we can do day trade while on H1B visa in USA ? Also if we do day trade, end of the year, total transaction amount goes in 10s of Millions or even more. Would that be any concern to IRS or USCIS or any government agency if total $ amount is such a huge while day trading on H1b visa status ? Also I found that Turbotax does not allow or does not support to input tax information for such a big figures. Anyone having any knowledge, can you please help. Thanks, Prakash.