Skip to content

Korean money life

  • About
  • Money Basics
  • Investing
  • Credit Scores
  • Taxes
  • Insurance

DONGHYUN KIM

Is a Credit Card Bonus Taxable? Your First (Dual-Status) Tax Year Changes the Answer

07/31/202607/30/2026 by DONGHYUN KIM
New credit card with cashback rewards

Is a credit card bonus taxable? The core IRS rule, plus how dual-status filing and your credit file timeline change the answer your first year.

Categories Taxes Leave a comment

Visitor Insurance for Korean Parents Visiting the US: Fixed-Benefit vs. Comprehensive Plans

08/06/202607/29/2026 by DONGHYUN KIM
Close-up image of two people signing an insurance policy document on a wooden desk.

Visitor insurance for Korean parents comes in two very different structures. Here’s the coverage gap most families never see until a bill arrives.

Categories Insurance

Streamlined Filing for a Missed FBAR — How to Fix Years of Unfiled Foreign Account Reports Without Criminal Risk

07/31/202607/29/2026 by DONGHYUN KIM
Neatly arranged blue office binders labeled with dates and names for organized storage.

Missed years of FBAR filings on a Korean account? Streamlined filing for FBAR can fix the past without triggering criminal exposure.

Categories Taxes

Nova Credit — Does Getting Korean Credit Recognized in the US Actually Work?

08/01/202607/29/2026 by DONGHYUN KIM
Person making an online payment using a tablet and credit card on a wooden desk.

Nova Credit lets Korean immigrants import credit history into the US — but only where partners accept it. Here’s what it really does.

Categories Credit Scores

When Your Company Pays Green Card Fees — Why That Is Taxable Income

07/29/2026 by DONGHYUN KIM
Green card and immigration application

Employer-paid green card fees are taxable income on your W-2. Here’s why it happens, what to expect, and how to budget for the tax bill.

Categories Taxes Leave a comment

Back-to-School Tax-Free Weekend — Why Korean VAT Never Prepared You for It

07/31/202607/28/2026 by DONGHYUN KIM
Blackboard with 'Back to School' written in chalk, ideal for educational themes.

The back-to-school tax-free weekend skips sales tax up to $100 per item — but Korean VAT habits won’t help you spot it on a first US shopping trip.

Categories Money Basics

After a Job Loss: Marketplace Insurance vs COBRA — Real Numbers Compared

08/06/202607/28/2026 by DONGHYUN KIM
After a Job Loss: Marketplace Insurance vs COBRA — Real Numbers Compared

COBRA vs Marketplace after a layoff — real premium comparisons, subsidy math, and the exact situations where COBRA actually wins.

Categories Insurance

High Yield Savings Accounts — Answering the Tax and FDIC Questions Korean Immigrants Ask

07/31/202607/28/2026 by DONGHYUN KIM
High yield savings piggy bank

A high yield savings account can beat 4%, but Korean immigrants have real questions about taxes, FDIC safety, and nonresident eligibility. Answers here.

Categories Money Basics Leave a comment

Currency Exchange During a Korea Trip — Should You Withdraw Dollars or Won From ATMs Abroad

08/06/202607/27/2026 by DONGHYUN KIM
Decorative cardboard illustration of hand of person withdrawing pile of dollar banknotes from automated teller machine

Withdrawing cash in Korea? See why choosing won over dollars for your ATM withdrawal in Korea, and picking the right card, saves real money every time.

Categories Money Basics

Depositing Over $10,000 Cash at a Bank — What Actually Happens with a CTR Filing

07/27/2026 by DONGHYUN KIM
Depositing Over $10,000 Cash at a Bank — What Actually Happens with a CTR Filing

A Currency Transaction Report is a routine bank form, not an investigation — the real crime is splitting deposits to dodge it, even with legitimate cash.

Categories Money Basics Leave a comment
Older posts
Newer posts
← Previous Page1 … Page3 Page4 Page5 … Page7 Next →

Recent Posts

  • Buying a Home on H-1B — Why Mortgage Approval Is Harder and How to Get It Done
  • Down Payment Assistance Programs Immigrants Never Hear About
  • Does Using ACA Subsidies Affect a Green Card Application Under the Public Charge Rule
  • Wire Fraud Prevention Checklist for Buying US Property Remotely from Korea
  • ITIN Mortgage Loans — How F-1 and OPT Immigrants Buy a Home Without an SSN

Recent Comments

No comments to show.
Privacy Policy | Contact
© 2026 Korean money life • Built with GeneratePress