RetireJapan

Give him the bill... If he is aged between 19 and 23, you are entitled to claim the higher Dependent Tax Deduction of Y630,000 instead of Y380,000 from 16 to 19 or over 23. If he earned so much, he should do his own Tax Return and claim his own Individual Tax Deduction of Y480,000, and pay his own ...

I too have trouble with this.
YouMeWeThem has a good point, but Japanese also say akaji when losing money.

I prefer Red - and Green +

I got a letter from the tax office saying I needed to cough up another ¥200,000 for my 2023 taxes.

This was due to my 'dependent' son making over the 1,030,000 limit in 2022 (something I had no idea he did).

With all income attached to My Number, there is no skating around it.

Tkydon wrote: ↑Wed May 08, 2024 9:20 am How old?

Does said student have a NISA or iDeCo?

Rakuten Card, NISA, etc... ???

If not yet 18, then a Family Card...

20. He has an SBI NISA which I guess we can link to the card if we want.

I'm not sure about using ID.me for SSA login, versus the 'regular' way you mention, so this is not a direct answer to your question. But I did create an ID.me account for IRS purposes a couple months ago--photos of suitable IDs submitted, then a video call to confirm those, and setup did get done. ...

Good luck.
I tried to register, got frustrated and gave up. I suppose at some point I will have to actually complete it.

Let us know when you are successful.

goran wrote: ↑Tue May 14, 2024 1:16 am Facebook groups.
Search for Sayonara sales, Mottainai or similar keywords.

Or if Ben and other members are fine with it, list them here. I would definitely be interested.

The Osaka and Kobe sayonara sales on FB.

Good question and I am also interested in good suggestions. I was thinking about just a SONY Bank account and a debit card as a first step for our eldest. With very limited/no income is it easy to get a credit card for a youngster? We ended up getting a Mitsui Sumitomo card (top of the list). Hassl...

Adamakin86 wrote: ↑Thu Mar 28, 2024 1:45 am JAL Club EST for sure. You get to use the Sakura lounge and 5 years expiration limit on your miles!

That does look good for a young business person who flies a fair bit.

For most domestic and overseas investments the answer is easy, although a bit complicated to calculate for international index funds.

I think my current mix is this:
USD 69%
JPY 25%
AUD 5%
GPB 1%