How hard is it to calculate and do your own taxes with an Interactive Brokers Japan’s Ippan Account?

I’m planning about getting a IBSJ account to invest in ETFs. Most guides online recommend getting a tokutei account (特定口座) but unfortunately IBSJ currently only offers ippan account (一般口座).

**Context:**

– I’m American so I understand that I need to avoid PFICs
– I plan on staying in Japan for life
– This is all new to me so apologies if this is a dumb question.

**I have two questions:**

1) How hard is it to calculate your own taxes with an Interactive Brokers Japan ippan account?

2) What’s the process for calculating your own taxes?

by someGuyyya

Leave a Reply
You May Also Like