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luislam
Oct 24, 2007, 09:13 PM
I have an L1 Visa for more than 3 years, but stays in the US for less than 3 months a year.
I pay US taxes on my US Income.

I also trade US stocks while I am abroad. Do I have to pay Income Tax on Stock Gains, or can I claim Foreign Status.

Luis

AtlantaTaxExpert
Oct 25, 2007, 09:18 AM
Luis:

You can claim foreign status and NOT pay capital gain taxes on your stock transactions.