Search found 1416 matches

by captainspoke
Sun Apr 21, 2024 9:30 am
Forum: Taxes
Topic: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return
Replies: 36
Views: 1572

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

Okay, thanks--I guess I'll start looking beginning with as much of the links that come thru.
by captainspoke
Sun Apr 21, 2024 8:47 am
Forum: Taxes
Topic: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return
Replies: 36
Views: 1572

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

... Best reference is here - Page 8 (page 12 of the PDF) Calculating the Public Pension Plan Deduction (Calculation Table) https://www.tax.metro.tokyo.lg.jp/book/ ... k2023e.pdf Also here - Bottom of Page 22 https://www.nta.go.jp/taxes/shiraberu/s ... df/050.pdf So, You get your Base Deduction of Y...
by captainspoke
Sat Apr 20, 2024 11:01 am
Forum: Taxes
Topic: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return
Replies: 36
Views: 1572

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

... (1) No, Japan has primary call, and taxes paid in the US on US Sourced income can be claimed as a Foreign Tax Credit against tax on the same income in Japan. (2) Japan has primary call, and taxes paid in Japan on Japan Sourced income can be claimed as a Foreign Tax Credit against tax on the sam...
by captainspoke
Tue Apr 16, 2024 10:31 am
Forum: Banking
Topic: Using WISE to repatriate USD from Firstrade to Japan?
Replies: 11
Views: 565

Re: Using WISE to repatriate USD from Firstrade to Japan?

Tho things may have changed, I've read that Wise is good for small transfers, up to maybe ¥6-700,000. For a larger amount (over ¥1m) you'd need to do multiple transfers (=less cost effective as the overall amount gets larger). https://www.reddit.com/r/JapanFinance/wiki/index/handling/transfers I wou...
by captainspoke
Tue Apr 16, 2024 9:47 am
Forum: Banking
Topic: Using WISE to repatriate USD from Firstrade to Japan?
Replies: 11
Views: 565

Re: Using WISE to repatriate USD from Firstrade to Japan?

If you're US, don't buy mutual funds here--all are PFICs according to US rules, and a humongous tax, and tax prep, headache.

If you're not US, then ignore that.
by captainspoke
Tue Apr 16, 2024 3:33 am
Forum: General
Topic: HS & University fees
Replies: 11
Views: 769

Re: HS & University fees

For public uni, I think tuition was ¥480,000/semester (same for 国立 and 県立). Then you consider living expenses. Of course living at home/local would be cheapest, going away to big and bigger cities will cost more. Things like how often the student would then return home from there, are they M/F and w...
by captainspoke
Sat Apr 13, 2024 8:41 am
Forum: Taxes
Topic: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return
Replies: 36
Views: 1572

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

Of course you can file your US return first, if you do it early enough so that you can then file your return here before March 15th.

For context, this is your earlier post:

https://www.retirejapan.com/forum/viewt ... 148#p28148
by captainspoke
Sat Apr 13, 2024 4:29 am
Forum: Stock market investing
Topic: Nakano Asset Management's 'quality growth' active funds?
Replies: 19
Views: 651

Re: Nakano Asset Management's 'quality growth' active funds?

Isn't my decision to hold an action, too?

Maybe it's the shareholders who are not selling that have more impact on price/price movement.


(a version of what Deep Blue said about passive/dumb money)
by captainspoke
Fri Apr 12, 2024 8:52 pm
Forum: Taxes
Topic: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return
Replies: 36
Views: 1572

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

Well, the filing deadline here is a month earlier than in the US (March 15th here, vs April 15th there), so that's the natural order of things--the deadline here comes first, so you file here first. Also, there are no extensions here (tho you can file an amended return later). And the tax code is si...
by captainspoke
Thu Apr 11, 2024 12:43 am
Forum: Stock market investing
Topic: Nakano Asset Management's 'quality growth' active funds?
Replies: 19
Views: 651

Re: Nakano Asset Management's 'quality growth' active funds?

That's just a press release.

What's the fund's expense ratio, any front/back load, where's the list of their holdings--total number, weight in top 20/50, sector breakdown, cap weightings..., what's the turnover, how old is the fund, etc.