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bbb555
Level 1

Reporting COVID stimulus payment from Japanese government

Last year, the Japanese government issued what I guess you could call its own version of the COVID stimulus payment to people residing in Japan (including non-citizens). Heads of household received 100,000 yen per person registered with the local municipality as living with them. In my case I received a total of 200,000 yen for myself and my Japanese wife (I file "married, separate" and treat her as an NRA and do not claim her as an exemption). I gave her 100,000 yen of that (have the bank records to prove it).

Does anyone have an idea about how I would go about reporting this payment on my 2020 income taxes?

1 Best answer

Accepted Solutions
ThomasM125
Expert Alumni

Reporting COVID stimulus payment from Japanese government

You would report your share of the money as other income in TurboTax by using the following menu tabs:

  1. Income and expenses
  2. Less common income
  3. Miscellaneous income
  4. Other reportable income

Enter a description for the income (Foreign Stimulus?) and the amount.

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
ThomasM125
Expert Alumni

Reporting COVID stimulus payment from Japanese government

You would report your share of the money as other income in TurboTax by using the following menu tabs:

  1. Income and expenses
  2. Less common income
  3. Miscellaneous income
  4. Other reportable income

Enter a description for the income (Foreign Stimulus?) and the amount.

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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