RetireJapan

Since some US/Japan treaty articles were being discussed here (separate thread), it's interesting that this just came up--newly added to the (reddit) JapanFinance wiki. Nicely done in table form:

Summary of taxation rights under Japan's tax treaties

And, the thread announcing this.

That ¥816,000 is the max yearly payout for someone who has made the full 40yrs of contributions. So on a monthly basis the max possible is ¥68,000 (even tho it's paid every other month, so you get two months' worth at a time). And once that gets going, 介護保険 will be subtracted as an auto deduction. T...

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.

... I assume the taxable event will be "when the money is brought over to Japan?" ... I'd think it would be the date paid (received), and it would not matter that it stayed in the original currency that it was paid in, whether (when) it was transferred here, etc. This would be similar to ...

And this opinion: Don't Panic About a Yen Free Fall

... Hyperinflation is not really on the table but for a long term Stagflation environment most likely. ... Even back in the late 70s, the US did not experience hyperinflation--and inflation was (much) higher for longer than the recent spike, in either the US or Japan. The glimmer of stagflation tha...

Have them break it in two--half this year, and the other half in Jan 2025. No worries about gift tax.

Or a more now ($6800), the rest later. Still under the ¥1.1m limit.

OK. It seems like we're gradually getting to a more thorough understanding of the taxation of US Social Security for American expats living in Japan. To sum up things thus far, a US Person (such as the OP, booyah) who is resident in Japan must report US Social Security income to BOTH Japan and the ...

What is this Awful PFIC rule? I'm an American who just opened a new nisa account with SBI (took forever). I purchased a bunch of the UFJ eMaxis series, but just noticed this thread about Americans being required to file lenghty and complicated PFIC tax forms. Is this something an online tax service...

Purchase price converted at the GBP:¥ rate on the buy date; sale price converted the same way at the different rate for the sell date.