TN to H4 EAD

I am currently on TN1. My wife is on H1 and was wondering if I could switch from TN to H4 EAD, without H4. H4 EAD gives you more flexibility and also allows to start an LLC/business.
 
As the name suggests, "H4 EAD" means EAD based on your H4 status - so "without H4" is ruled out here.
 
If you are eligible for H4 EAD (not all dependents of H1-B are) you will need to apply for both the H4 and EAD.
As to whether these can be done concurrently such that you get H4 and EAD simultaneously, that will be a question for an H1 forum, not here.
If it cannot be done simultaneously, you will need to decide if you can afford a period without work authorization, as the instant you get H4 without EAD you can no longer legally work in US (until the EAD is issued)
 
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