Home Residents in Japan US Tax – Would PayPay and points back received from it require to be reported on FBAR and form 1040?RResidents in JapanUS Tax – Would PayPay and points back received from it require to be reported on FBAR and form 1040?February 14, 20233 comments Seems to be another grey area as it is not a bank account— or would it be considered one?Does anybody happen to have a definitive answer to this and perhaps a source as well? Tags:Japan LifeLiving in JapanResidents in Japan 3 commentsDo people file for airline miles in the US…? Or prepaid transit cards??No, points are treated as rebates and not income for US tax reporting purposes.Might as well include discounts you get on Rakuten and Amazon too. /sNo they are not considered as income.Leave a ReplyYou must be logged in to post a comment.
Might as well include discounts you get on Rakuten and Amazon too. /sNo they are not considered as income.
RResidents in JapanUnlawfully terminated – what are my options?May 7, 202314 comments I am an expat and was hired to lead international expansion and business for a Japanese company. The…
RResidents in JapanQualifying for US medicare after living in Japan?August 28, 20222 comments Hey all. I’ve been trying to figure out medicare eligibility for US citizens who have worked in Japan.…
RResidents in JapanPhone Number HelpAugust 5, 20227 comments We are currently in Japan and will be living here for 3 years, we have google fi and…
3 comments
Do people file for airline miles in the US…? Or prepaid transit cards??
No, points are treated as rebates and not income for US tax reporting purposes.
Might as well include discounts you get on Rakuten and Amazon too. /s
No they are not considered as income.