Search found 5 matches

by YouMeWeThem
Mon May 13, 2024 12:17 am
Forum: Inheritance/Estates
Topic: Joint accounts
Replies: 2
Views: 109

Re: Joint accounts

My understanding is you'd have to determine the proportions of Spouse A and Spouse B's holdings in the account, which is why the general wisdom is to not use joint accounts.
by YouMeWeThem
Mon Apr 29, 2024 12:56 pm
Forum: Stock market investing
Topic: Options for US citizens in Japan
Replies: 32
Views: 29070

Re: Options for US citizens in Japan

Do you know of any steady (eMaxis-type) passive world stock funds U.S. citizens can purchase through SBI without getting stressed out by the IRS or milked by tax filing services? There aren't any. Apparently due to something called a QI agreement any of the Japanese brokers won't be able to sell yo...
by YouMeWeThem
Sat Apr 20, 2024 12:49 pm
Forum: Taxes
Topic: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return
Replies: 36
Views: 1646

Re: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return

What does "primary call" mean in this case? Google's not helping me out.
by YouMeWeThem
Sat Apr 20, 2024 1:23 am
Forum: Taxes
Topic: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return
Replies: 36
Views: 1646

Re: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return

I was also told that I cannot receive a tax credit for US taxes that I paid. captainspoke mentioned this above, but I have the same understanding that as Japan has primary taxation rights you should be paying taxes to Japan, and using foreign tax credits to alleviate taxation on the US side. So the...
by YouMeWeThem
Sat Apr 13, 2024 10:01 am
Forum: Taxes
Topic: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return
Replies: 36
Views: 1646

Re: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return

Surely they've got some issue with the contents of your Japanese filing rather than the order, right? Since they're specifically mentioning your US filing then perhaps it's something to do with foreign tax credits. Keep us posted though, I'd be interested to hear what they have to say. It could be h...