Hi.
My question is simple. We arrived to states (summer 2008) and I hold J2 status but don't have my EAD and it's unlikely that I can get EAD until next summer because my J-1 is not receiving any income here (she is volunteer and working for experience)
I own internet site and receiving income from US based LLC. I've been receiving it since 2005. I receiving % from each client registered from my site. Site is hosted by LLC company that pays me. How should I file taxes for this? Is this passive income? (may be topic for different forum thou)
May I lawfully continue to receive this income or should I apply for EAD (I don't plan to apply for a job)? What should I do now?
May I form a company here for tax optimization purposes (because social taxes for independent contractors are huge) and if so may I be shareholder of a company (I understand that I can't be employee of a company because to employ myself to my own company I need to have EAD)?
What if I will create offshore company that will receive all this income and I will be CEO of that company. Is this eligible?
And if there is a good consultant who can help me with this in PA,philly area I will be gratefull.
My question is simple. We arrived to states (summer 2008) and I hold J2 status but don't have my EAD and it's unlikely that I can get EAD until next summer because my J-1 is not receiving any income here (she is volunteer and working for experience)
I own internet site and receiving income from US based LLC. I've been receiving it since 2005. I receiving % from each client registered from my site. Site is hosted by LLC company that pays me. How should I file taxes for this? Is this passive income? (may be topic for different forum thou)
May I lawfully continue to receive this income or should I apply for EAD (I don't plan to apply for a job)? What should I do now?
May I form a company here for tax optimization purposes (because social taxes for independent contractors are huge) and if so may I be shareholder of a company (I understand that I can't be employee of a company because to employ myself to my own company I need to have EAD)?
What if I will create offshore company that will receive all this income and I will be CEO of that company. Is this eligible?
And if there is a good consultant who can help me with this in PA,philly area I will be gratefull.
Last edited by a moderator: