Stock Trading after H1 Expired

[BjFire]

My 6 years of H1 finished in mid June-12. I had already left USA in May-11.

I have been trading stocks using online brokers for past 4 years and wish to continue doing that. I have a SSN and have paid all my taxes so far. I am not sure when or if ever I am going to work on H1 again or any other kind of visa what so ever.

The question I have is:

1. Can I keep trading stocks until I have SSN (which means forever as SSN is never destroyed) and keep paying the taxes from the trading income?

2. If the above is true, can I claim the Social Security and Medicare taxes in future that I have paid so far and will pay every year from now?

[JoeF]

You can of course continue to trade stocks. Since you are abroad, there are certain tax requirements (non-US residents pay a flat tax on their captal gains, if I remember right.) Discuss this with a good CPA.

[BjFire]

Thanks for the clarification.

A little more light; does it mean, I can trade as long as I want?

[JoeF]

Of course. As long as you pay the required taxes, you can continue to do stock trading.

[wiweq]

"My 6 years of H1 finished in mid June-12. I had already left USA in May-11."

=> Make sure that some online trading companies requires users to be residents of USA. Go through their T&C.