Basically HR block now has this service that is basically same as Turbo Tax but for Expats. I believe this is somewhat of a new service? I don’t recall it being offered in the past.
The main point I wanted to bring up though, is that unlike Turbo Tax, they actually have options for inputting foreign pensions/401k ala 企業型確定拠出年金.
It asks you stuff like whether the pension is withdrawable before retirement, whether you or employer is contributing 50%+ etc of the contributions, etc.
I’ve only been playing around with numbers at the moment and haven’t bought anything but wonder if anyone else saw this?
Regardless of using it to file, it does seem that this is kind of evidence that these types of plans are okay and don’t trigger PFIC rules at least by HR block’s understanding of things.
It’s 99$ (149$) if you have pension or investment info needed to file, so it’s basically same price as Turbo Tax or same +50$ for the pension part (which Turbo Tax doesn’t have)
Anyone try it or seen it?
by totalnarcissist