Hi, I am a F-1 student, started from last JULY I start to trade stock, the stock value have gone up and I haven't cash out yet ,do I need to pay tax ? what if cash out?

Forum|Forum|5 years ago
March 15, 2021
7 replies
47 views

I am graduated 2020 DEC and I am planning to go back to China, would I still be able to trade US stocks ? thanks

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Best answer by npierson777

You don't have to pay taxes on your stock operations until you cash it out, then you'll have pay taxes on the gain on sale, if any.

As for the second questions, you will probably able to continue doing that, however you need to contact your broker firm and ask them about your particular situation.

npierson777Answer

Level 10

You don't have to pay taxes on your stock operations until you cash it out, then you'll have pay taxes on the gain on sale, if any.

As for the second questions, you will probably able to continue doing that, however you need to contact your broker firm and ask them about your particular situation.

w826062611Author

Level 2

Thank you so much for your fast reply. Just want to clearly by cash out you mean take out the money from my trading account or just simply sold a stock (the found is still in trading account)