For the past few years, my wife has been a stay at home mom with only some bank accounts and no income.
This year we opened a brokerage account for her on SBI (with the goal of opening a NISA next year). Will she have to file a tax return? Or can we do a joint declaration on my return?
Or maybe nothing to do? I believe that she went with an account that directly takes out taxes from the dividends.
Wife has a brokerage account in Japan - does she need to file a tax return?
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Re: Wife has a brokerage account in Japan - does she need to file a tax return?
If she has a tax-reporting account (特定口座), I believe in principle she won't need to submit a tax declaration unless she wants to do something funky with losses.
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eMaxis Slim Shady
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Re: Wife has a brokerage account in Japan - does she need to file a tax return?
Thanks. That's our understanding as well.
I do have a tax accountant helping us this year (paid for by my company) so I'll ask just in case.
I do have a tax accountant helping us this year (paid for by my company) so I'll ask just in case.
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Re: Wife has a brokerage account in Japan - does she need to file a tax return?
Let us know if you learn anything interesting!StockBeard wrote: ↑Tue Dec 05, 2017 4:26 am Thanks. That's our understanding as well.
I do have a tax accountant helping us this year (paid for by my company) so I'll ask just in case.
English teacher and writer. RetireJapan founder. Avid reader.
eMaxis Slim Shady
eMaxis Slim Shady