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Can I sell my British shares in the United States before I get my EAD?

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I'm waiting to adjust to a GC holder, after marrying my husband on a K-1 visa in May 2015. I have some shares in a British company that I'd like to sell here, but I'm not sure I can without my EAD. Does anyone know whether this would be advisable/possible?

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Two unnanswered duplicate threads have been removed; this thread has been moved from AOS/Family-Based main forum to the Tax & Finances forum.

Please post just once on a topic, and wait for answers. They might be slower in coming over the weekend.

VJ Moderation

Edited by TBoneTX

06-04-2007 = TSC stamps postal return-receipt for I-129f.

06-11-2007 = NOA1 date (unknown to me).

07-20-2007 = Phoned Immigration Officer; got WAC#; where's NOA1?

09-25-2007 = Touch (first-ever).

09-28-2007 = NOA1, 23 days after their 45-day promise to send it (grrrr).

10-20 & 11-14-2007 = Phoned ImmOffs; "still pending."

12-11-2007 = 180 days; file is "between workstations, may be early Jan."; touches 12/11 & 12/12.

12-18-2007 = Call; file is with Division 9 ofcr. (bckgrnd check); e-prompt to shake it; touch.

12-19-2007 = NOA2 by e-mail & web, dated 12-18-07 (187 days; 201 per VJ); in mail 12/24/07.

01-09-2008 = File from USCIS to NVC, 1-4-08; NVC creates file, 1/15/08; to consulate 1/16/08.

01-23-2008 = Consulate gets file; outdated Packet 4 mailed to fiancee 1/27/08; rec'd 3/3/08.

04-29-2008 = Fiancee's 4-min. consular interview, 8:30 a.m.; much evidence brought but not allowed to be presented (consul: "More proof! Second interview! Bring your fiance!").

05-05-2008 = Infuriating $12 call to non-English-speaking consulate appointment-setter.

05-06-2008 = Better $12 call to English-speaker; "joint" interview date 6/30/08 (my selection).

06-30-2008 = Stokes Interrogations w/Ecuadorian (not USC); "wait 2 weeks; we'll mail her."

07-2008 = Daily calls to DOS: "currently processing"; 8/05 = Phoned consulate, got Section Chief; wrote him.

08-07-08 = E-mail from consulate, promising to issue visa "as soon as we get her passport" (on 8/12, per DHL).

08-27-08 = Phoned consulate (they "couldn't find" our file); visa DHL'd 8/28; in hand 9/1; through POE on 10/9 with NO hassles(!).

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I'm waiting to adjust to a GC holder, after marrying my husband on a K-1 visa in May 2015. I have some shares in a British company that I'd like to sell here, but I'm not sure I can without my EAD. Does anyone know whether this would be advisable/possible?

How do you consider that as being employed and needing authorization?

The gain you make on the sale will be reportable and taxable (most likely) on your US tax return for 2015. The tax rate is reduced if you have owned the shares more than a year.


England.gifENGLAND ---

K-1 Timeline 4 months, 19 days 03-10-08 VSC to 7-29-08 Interview London

10-05-08 Married

AOS Timeline 5 months, 14 days 10-9-08 to 3-23-09 No interview

Removing Conditions Timeline 5 months, 20 days12-27-10 to 06-10-11 No interview

Citizenship Timeline 3 months, 26 days 12-31-11 Dallas to 4-26-12 Interview Houston

05-16-12 Oath ceremony

The journey from Fiancé to US citizenship:

4 years, 2 months, 6 days

243 pages of forms/documents submitted

No RFEs

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If you're going to do it, I'd probably do it before 2016. As another poster said you'll probably pay 2015 US Tax on it. Your income will be lower for 2015 as the year is almost up, meaning paying less tax on it as opposed to next year, since you'll have a larger income then.


Met 2008. Moved in together 2010. Married 2015. Baby Z joined us 2017 . :wub:

AOS Timeline 350 days

 

May 31/15 - Sent AOS/EAD/AP to USCIS

June 4/15 - Email and text notifications they were recieved

June 10/15 - NOA1 for AOS/EAD/AP Dated June 1

June 17/15- Change of address confirmation

June 22/15- Biometrics appointment received

July 1/15- Biometrics appointment done(5 minute appointment, 8 hour round trip drive <_< )

August 5/15 - Change of address submitted for new location

August 8/15 - Mobile/E-mail notifications for approved EAD/AP :)

August 17/15 - Change of address confirmation after calling in

August 17/15 - EAD/AP Combo card mailed out(To the wrong address, and then lost by USPS)

September 3/15 - Contacted USCIS and was told to re-apply with a new application and fees?! Put in a service request online for lost card, and a complaint

September 8/15 - USPS found & returned card to USCIS

September 15/15 - Ombudsman contacted USCIS

September 17/15 - Card mailed back out

September 19/15 - EAD/AP Combo card finally in hand

September 22/15 - NPIW letter received, dated September 9/2015 estimated 6 month wait

October 13-21/15 - Traveled using AP to visit parents & ship the rest of our belongings out west

November 27-30/15 - Traveled using AP

December 28/15- RFE hard copy, waiting on documents from Canada

January 31-February 7/16 - Traveled using AP

February 10/16 - Sent in RFE, delivered Feb 16

April 16/16 - Service request filed, RFE was never updated online

May 12 - Approved email and status update dated May 10. Service request never was assigned or solved, though.

May 14 - Greencard in hand!

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I'm waiting to adjust to a GC holder, after marrying my husband on a K-1 visa in May 2015. I have some shares in a British company that I'd like to sell here, but I'm not sure I can without my EAD. Does anyone know whether this would be advisable/possible?

What can I tell you?

Yes, you can sell them. The EAD is required for you to work in the US. No permission is required to receive passive income.

It will, however, be taxable by the IRS (US tax authorities). Capital gains after more than a year are taxed at long-term capital gains rates. Short-terms capital gains are subject to income tax rates, possibly with the passive investment tax on top. Depending on this, and on you and your husband's incomes, it is likely to be better to sell before the end of this calendar year (which is the same as the tax year in the US), since your incomes will likely be higher next year.

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