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Wednesday, June 29, 2011

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  • gcgreen
    01-13 07:02 PM
    Chintu: Explain Wash sale rules too... taxes are a pain with day trading.

    Also, ppl on H1B have to be really careful about not getting classified as "active traders." That IMHO could jeopardize status. All who want to get into day trading, do your research. Make sure you know what you are getting yourself into.

    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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  • sbabunle
    06-07 08:33 PM
    Rep Bilbray elected from Sandiego is viewed as a victory
    over amnesty and the common emotion of the whole country
    Read on CNN

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  • espoir
    07-11 06:40 PM
    I agree as well

    Projecting her as our champion is a BAD STRATEGY at this point. It's not like she is emotionally very upset about our situation. As a Congresswoman and the chair of Immig subcmt she is investigating irregularities and wrongdoings at the federal govt. She also probably thinks immigrants have been treated unfairly.

    We shouldn't make her the target of anti-immigrationists; could hurt her, and hurt us.

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  • ilovenfl
    05-08 03:27 AM
    Below are my details..

    Date filed - 12/12/2007
    Audit date - 02/27/2008
    Audit reply date - 03/01/2008
    Category - EB2
    still pending..


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  • glus
    02-02 11:30 AM
    Looks like i got confused.....deleted this. The provisions to reduce the backlog were included in S.AMDT.180 , which has not even been voted..... the s.amdt.187 is something different. I guess we all got confused. The S.AMDT.180 has not passed senate.

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  • trramesh
    09-02 02:27 PM

    Yesterday, it was our turn too to get the approval notice. It was a long wait like many of you. Checking into IV forums has helped me cope up with the delay. It is more than 8 years since entering US, 6 years since signing up with employer for GC, and five years since filing for labor. BEC and 485 were the biggest unpredictables in the journey. There were times when I thought if it was all that worth. Anyway, now we have completed this arduous journey (being an Indian).

    As a token of appreciation for IV and good will for my fellow countrymen continuing the journey, I am also making a contribution of $100/-. I saw someone already made such comment here. Needless to say, my contribution is along the way.

    Good luck to all in waiting.

    PD - Oct 29, 04
    I485 - RD - July 26, 07
    I485 - AD - Sep 01, 09


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  • rkg000
    03-25 02:06 PM
    Everybody, please calm down. I don't know what the intention of this thread was, but if it is to increase the participation to achieve IV's goals, then I am sure you all realize it is having the exact opposite affect. The only thing happening on this thread is donors and non-donors going at each other in a way of unbecoming of us professionals.

    I am sure we can agree to disagree with respect. Think about some of the messages written and you wonder would it be really said if they were facing the person.

    I personally don't think bitzbyte is or was berating IV's efforts. All he/she needs is more convincing. And I don't think he/she is alone. If that was the case then we would be having 49000 members donating and the advocacy effort would be a grand success and we would be having millions for lobbying. The fact is that there are more like bitzbyte than the donors. I am not sure where the problem is but there sure is. Heck, I am donor and I don't find myself talking about IV or hearing about IV from colleagues or friends. Everybody has their priorities set and the daily grind to go through. Getting a GC may not be everyone's ultimate goal. There was a time I used to be so obsessed with GC that my whole life seemed to be revolving around bulletins and the disappointment of backlogs. One day I said enough is enough and stopped worrying about it.

    But I realized that the question is not about whether and when I get GC, but is it fair, to you and your family, to go through years of this agony. It is not fair and we have to do something about it.

    As much as everybody needs IV to address their needs, IV needs them to achieve our collective goals. Lets think about ways to increase participation rather than marginalizing those that don't yet believe.

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  • boreal
    01-20 10:34 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?

    I think we are not reaching all the ppl that we can as of yet. If we can setup booths in front of Indian Community centers in various cities, post flyers at Indian grocery stores etc, we would be able to reach a much wider audience. I think we might be reaching the maximum number of ppl that would contribute who are browsing this web site. No amount of requests would get non-contributers to contribute. So, probably the efforts should be concentrated on getting newer members from outside...


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  • santb1975
    04-17 12:51 AM
    Yes we can

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  • indyanguy
    01-28 07:54 PM
    Indian Guy, the link is

    But, I am not sure if Chintu is here to host it.,

    It takes me to the homepage :(


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  • somma
    11-14 02:20 PM
    See below.

    How many photos did you send along with your renewal application ?


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  • CADude
    05-16 11:45 AM
    Similar from Senetor office but not this harsh. She noted details but requested me to contact CA senetors and my district rep. Anyway staff noted the details.

    I called congressman Hinjosa's office.

    The staffer asked me where I am calling from. Then said you are not a constituent of the congressman and was not willing to transfer to the person who handles immigration issues. I insisted on leaving a message and he took the message, but was surprised, did anybody else encounter this? How do we handle this if it happens with other congressmen?


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  • AllVNeedGcPc
    09-25 02:18 PM
    ...Please, lead the effort and let's discuss on how to convince USCIS to revert back to old spillover rules.

    ...I will drive this issue from my end and see what I can do about it.

    I always believed in Bucky's motto: "an experiment, to find what a single individual could contribute to changing the world and benefiting all humanity"

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  • Ramba
    09-25 05:25 PM
    No. It was changed in the middle of 2008. The DOS consulted with the Congress on this and came to the conclusion that there should be horizontal spillover before vertical. I don't want to go into whether this was right or wrong, fair or not. This is the current policy.

    You can see ample evidence in the annual visa allocation once you compare 2005/2006/2007/2008 allocations. EB3-ROW and EB3-ICMP benefited till 2007 because of vertical spillover and EB2-I & EB2-C have been the beneficiaries of the horizontal spillover policy since 2008.

    It is not the policy of DOS or USCIS to follow horizontal or vertical spill over. It is law. Both federal agencies (DOS and USCIS) has to obey the law by strictly following what INA section 201, 202 and 203 says, irrespective of how the law is unfair to any catagory. The law is very clear about spillover; it is horizontal. One has to read word by word in the law book to understand how the allocation of EB visas are made.

    If DOS properly followed the INA as amended by AC21 act in 2000, EB2-I never retrogressed since year 2005. EB2 I might have been always “current”. EB3 including ROW might have been much worst situation than now. EB3-IN would have beeen (always) be in disaster state since 2001. Though it is unfair to (EB3) many, this is what the law. Here is the historical events what happened in EB catagories.

    In later part of 1990s EB categories were retrogressed for IN, CH by about 2 years. When AC21 law passed in 2000, it did two very important things. One recapture of about 216,000 EB visas and it removed country quota in each EB category if excess visas available, in that category. That means it enforced horizontal spill over. In simple example, consider Mexico which is most subscribing country. Lets assume in a fiscal year, 40,000 Mexican are eligible for EB2 visa(and no other citizens in EB2), and millions of Mexican eligible for EB3 and in family based categories, still DOS should issue 40,000 (100% not 7%) EB2 visa to Mexicans irrespective of how much demand in other categories. Because of tons of backlogs in 485 (between 2000 and 2004), particularly in EB3, DOS issued about 185000 (out of 216000) to EB3. That’s why EB3 was current between 2000 and 2004. They simply ignored the EB2 demand by India and retrogressed in 2005, though total demand for EB2 less than the available pool of recaptured visas. Since the year 2007, they realized the mistake and now (since 2007) they are following correctly (though may not fair to EB3) the law. If they follow correctly the law, EB2-IN, Ch will become current soon. Till all EB2 become current, EB3 never see any spill over. Till EB3 –ROW become current, EB3 IN will not see any spill over. Till that point EB3-In will get only 2800 (7% od 40,000) EB3 visas per year.

    EB3 folks should thank to DOS for misallocation of EB visas between 2000 and 2006, particularly between 2004 and 2006. Now they are exactly following the law book. As title of this thred eays IV help or heavy lobbying is need to change the law to bring back vertical spillover, to ease the EB3-IN clog. They need to work hard.


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  • andycool
    05-14 09:55 AM
    message... no approval yet....

    I E filed EAD for my spouse on april 1 st and still no FP or Approval notice ...

    Tool Info pass ... and the AO informed that no FP notice has been issued yet.

    I file my EAD on April 26 - FP on 13 may - CPO on 14 May

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  • girijas
    04-16 12:46 PM
    Me too! Small world:) I have sent you an email........

    When I was a kid in India, some evenings, I could not get a BST Bus to get home from school, so I used to walk from Matunga Circle in Bombay all the way home in Chembur. I was 12 years old and and it took me less than 2 hours. :)

    Please PM me your e-mail address or e-mail me at TeamIV@yahoo.com.



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  • doxa
    03-26 11:20 AM
    Any body from EB3 ROW consular pr.????
    EB3 ROW PD July 2006/I-140 still pending 380day

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  • RandyK
    03-28 09:15 AM
    You should call NVC and check with them the status of your application, most likely they have done all the processing for you. I doubt that they have a visa number for you, if they did they would have called you for an interview already.

    We completed package 3 already last August and sent the forms together with ORIGINAL certificates to the NVC as requested. They also asked for the visa fees at that time which we also paid. So I guess we already have visa numbers ?
    Our sponsor company in the US is waiting since almost 3 years for my husband to start working for him. I think we're lucky that he's willing to wait so long and didn't give up at some point during this whole process ?

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  • tonyHK12
    10-05 08:01 AM
    All these ideas have been debated several times before and there have been too many bills that didnt go anywhere. It's probably wiser to try to push the bills that have already been introduced than to push new ones and waste more time. ...
    I have been active with IV even before you came here (since 2006) so don't question my sincerity. I do agree that my manner was too sarcastic and you seem like an overly sensitive kind of guy and you probably like things sugar coated-here it is-good idea, thought by many, several times before your eureka moment. Fact is- Bills (eventually they will all be merged ino one) are not likely to succeed till 2011,
    It suits them to pretend to not undertsand the dfference. Think like them, it's their career and it's all business. Just remember it's usually never personal.

    Do know that we are all going through same shit and are on the same team.

    Yes I am well aware of previous attempts, and we all know how the system works. No one is being idealistic or naive.
    Well trying to push existing bills is not a problem if they aren't screw**g us.
    Have you seen my opposition to DREAM too? Its going to put illegals ahead of EB.
    Also I feel it is my responsibility and all of ours not to burden this country's welfare and speak out against law breakers.

    Maybe I should have renamed this - alternative to CIR, but I'm looking for other options too - like adding to DREAM and other bills that have a lot of support. We also need a phone campaign during lame duck session when up to 20 bills will be jammed in.

    We are all well aware of the nuances of politics....... even a school kid in India knows a thing or two about deal making, corruption in politics.

    02-19 09:39 AM

    IV may want to contact Home | Partnership for a New American Economy (http://www.renewoureconomy.org/) for support letters for the advocacy days. They may even sponsor. Worth a shot I think.

    Contact info: Feldstein, Robert <RFeldstein@cityhall.nyc.gov>. But he is out of office till Feb 28. So please contact Peter Goldwasser at pgoldwasser@cityhall.nyc.gov or (212) 788-4357.


    09-03 03:17 PM
    Now thats many approvals today!!!

    I Feel jealous already. Congrats to all the Approvals!!!!

    MERA NUMBER KAB AYEGA (when will my turn come :))

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