Hi, apologize to bother , and I seem can not find a place to ask, decided to give a try at this forum for expats living in Japan
I tried to google this topic, but not be able to find any single discussion or answer on this topic regarding how to report K-1 on Japan tax return. As a US citizen whose US income will be reported in various forms, typically w2, 1099, 8949 and possible K-1 form. Are these forms you rely on for you to report foreign source income paid in abroad on Japanese tax return ? Specifically for K-1 form, box 19a listed as distributions, but it is generally non taxable or irrelevant on US tax return since the number never flows to 1040 tax return, according to some answers. Box19a seems just for internal accounting of the partnership, does not represent the taxable income.
Since K1 have summary page that lists interest income (box 5), dividend income(box6a) as well capital gain(box8, 9a) which appears to be the incomes to be taxed.
Question: As Non-permanent resident in Japan, how to report these forms, especially the k-1 form on Japan tax return ?
Thanks in advance for the help
by Good_Item8469