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Topic

FY2021 Tax Return

Question
#1
  • Tax
  • mail
  • 2022/01/24 22:17

I would like to file a tax return from Japan if possible, but we currently do not have a local address and have not received the necessary documents such as a w-2.
Is it possible to issue each of these as data on the web, etc. ?
Anyone who knows what to do, please advise. I would appreciate your advice.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#6
  • tax man
  • 2022/01/25 (Tue) 14:05
  • Report

> Is it possible to have a copy sent to me if I can contact each company
> even if my current address is only in Japan or the destination address is my current address in Japan? I think the best thing to do is to contact each company and tell them your new address.

Normally, you should contact the companies ( you do business with, such as banks ) once you have officially changed your address
.

Japanese banks, etc. are required by regulation to close
your account when you are no longer registered in the area.

American banks also do not
keep accounts of people who do not reside in the same area, so contacting them directly is
necessary, not just sending them a form.

If you have a stock company, etc., and you return to Japan permanently, you will not be able to file your income tax return in the U.S. if your
form is issued as income in the U.S. This will cause problems
so you should contact the company where you have your account and where your income is generated anyway. You need to contact the company
where you have the account and where the income will be generated
by writing an official letter with your signature and date if possible.

Forms ( IRS forms ) will be sent
without any problems if they are fully processed in this way, and with the exception of the company ( for which you worked ), neither banks nor stock companies can
send you their You can automatically download tax forms, etc.
from almost any company by entering your account on their Internet site.

However, you need to notify each company in writing that you have changed your address to Japan, not only because of this form, but also because
even after you return home and give up your permanent residence status, the form will be effective as income in the U.S.
and this can be problematic. You should notify each company in writing
that you have changed your address to Japan. You will probably be notified by the company of the change in processing method
and you should complete the process accordingly.

In addition, if you are receiving a pension such as Social Security,
you must go to the Social Security office and change your address before you return to Japan
or you will not be able to receive your benefits in the US when you return to Japan.
You will not be able to file a Social Security return with your tax return, which will
cause problems.

In conclusion, I think you need to
notify each company as soon as possible, not just focusing on having the forms sent to Japan, but also considering the
processing that needs to occur due to the change of address in Japan.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#7
  • tax man
  • 2022/01/25 (Tue) 16:01
  • Report

Postscript.

I don't know if it is related to Corona for the last 1 - 2 years, but more and more people are returning to Japan temporarily to take care of their parents
.

In case of permanent return, you need to file your last tax return
with a certificate of renunciation of permanent residence, but I would like to advise you on one point regarding tax return.

The last tax return cannot be filed on a
1040 if you basically ceased to be a permanent resident on December 31 of that year. 1040 - It will be filed with a very unfavorable
deduction on the form NR.

I prepared a
return for a person who worked in Hawaii in 2020 and returned to Japan in Corona, but with W - 2 and unemployment insurance in Hawaii, if they file a
return on the 1040NR, they will pay a lot. I filed my
return as a resident of Hawaii as of December 3, 2011. As a result, I received a refund.

If I file a 1040NR return, I will have to pay.

In addition, we prepared the final return for a couple who also lived in Hawaii in 2021.
The couple had applied for a re-entry permit twice and had resided in Japan during those times.
We filed the first return with 1040NR, but the
form for pension ( Social Security ) was for US residence, so they could not file with 1040NR
We managed to get the form processed with a backdoor method.

Taking these points into consideration, if there is a
person who will return to Japan permanently in, say, 2022, please consider the following points.

If you have some income in the U.S. within 2022, do not
destroy your permanent residence within 2022, but in January of the following year. In this case, you will have to file a
return to the U.S. in 2023, but since you will return in January, your
income in the U.S. for that year will be $ almost zero, so you will not have to file a return only to destroy your permanent residence status, which will result in
payments, etc.
You can avoid the payment etc.
In addition, if possible, you can avoid problems related to income tax returns in the U.S. by obtaining a re-entry permit, filing a
return from Japan as a resident of the U.S. for two years, and then terminating your permanent residence
when you are completely ready to leave the U.S. You can avoid problems related to income tax filing in the U.S.

It is strongly recommended that you complete your bank, stock, and home ownership transactions during this period and try to complete your money matters while you are a
resident ( or permanent resident ) in the US.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#8

Tax man
Thank you again.
First, I will tell each company, bank, etc. that I am in Japan, download the forms automatically from each company's internet site, give that information to the tax accountant to prepare my tax return, and finally, I will call the IRS directly.
I hope this is correct ?.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#9
  • tax man
  • 2022/01/26 (Wed) 10:40
  • Report

Instead of calling the IRS, you can give the certificate
to your tax attorney at the stage of abandoning your permanent residence and make a final tax return, which will completely complete your return to Japan
and you will not have to file any further tax returns in the US regarding your taxes.

The final tax return will be made as Non Resident ( Non Resident )
and not as a regular 1040, and the IRS address to be sent with the Certificate of Abandonment of Permanent Residence will be a special address
not a regular address. and we do not accept phone calls.

For address changes, permanent abandonment, and final tax returns,
please contact your existing tax advisor
for more information and follow their instructions, rather than asking questions on a message board.

Mistakes, etc., can cause problems.

Please contact a professional to handle this matter.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#10

Tax man, thank you for every reply. We are Citizen, so we cannot waive it. Thank you very much for listening to me. We have talked to our tax accountant just to be sure. Taxman, I thought you should stop acting like an expert.
I laughed.
Thank you very much.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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