Search found 2 matches

by feieftc
Tue Apr 07, 2020 1:50 pm
Forum: Taxes
Topic: US citizen in Japan - FEIE vs FTC situation
Replies: 3
Views: 1471

Re: US citizen in Japan - FEIE vs FTC situation

Thanks for the information folks. I did think $5000 was a lot. I'll be sticking with FEIE for now. Just realized I said "take a $1000 loss" earlier, but if I'm able to withdraw everything from the IRA and then immediately put it into the same fund in the taxable brokerage, then there shoul...
by feieftc
Sun Apr 05, 2020 5:32 am
Forum: Taxes
Topic: US citizen in Japan - FEIE vs FTC situation
Replies: 3
Views: 1471

US citizen in Japan - FEIE vs FTC situation

US citizen, living in Tokyo since 2017 and been using FEIE every year. When I was home in the States last year, I started getting my finances in order, and opened a Roth IRA. I had estimated that my tax rate for the US and Japan would be about the same with the FTC, so I was planning to switch from ...