H1b Approved - Acception Period

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I have applied for H1b in April 2014 and its approved today.


1. Within how many days I have to accept H1b?


2. I am on H4 visa and planing to apply for H4 EAD in May as it has more flexibility and no restriction for working hours. If I don't accept the H1b, I can file H1b in future without gap? or I have to apply in April?



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