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Posted on 18 Jul 2010
Q.

Reg: Starting LLC on OPT

Hi
I am on OPT extension(F-1 status) now,currently am working as 1099(contractor) for a company in NY. my vendor suggested me to incorporate my self(start a LLC) and work full time for it, so that i get some tax breaks. so want to start LLC. can i do that? can i show my own brother, who is studying currently in US as my dependent while filing my taxes? what happens to the company when i change my status from F-1 to H-1. Do i need to pay the company's taxes as well as my taxes? i am working in my major field if study. can i invest in stocks & real estate while am in F-1 status?

User's Location: New York, New York, United States of America
Category: F1 Visa (Student Visa)
Posted on 19 Jul 2010
A.
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Dimitar Michailov
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Capitol Immigration Law Group LLC
(888) 878-4721

www.cilawgroup.com

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