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Taxes

Sign-On Bonus Clawback on H-1B: The Tax Fix and the Green Card Risk It Hides

08/30/2026 by DONGHYUN KIM
Close-up of the word BONUS spelled with Scrabble tiles on a table.

Repaid a signing bonus after leaving your H-1B job early? The gross-vs-net tax math, the IRC 1341 fix, and the green card risk most people miss.

Categories Taxes

Home Office Deduction: Your W-2 Can’t Claim It, Your Korean Side Income Might

08/29/2026 by DONGHYUN KIM
Flat lay of tax form, pencils, and calculator on black background, emphasizing tax deductions.

The home office deduction is dead for W-2 wages, but 1099 income from Korean consulting work can still qualify. Here’s the split-income math.

Categories Taxes

Korean Rental Property Income While Living in the US — How to File Including Currency Conversion

08/28/2026 by DONGHYUN KIM
A hanbok rental shop in Busan, South Korea overlooking a vibrant cityscape and the sea.

US tax residents must report Korean rental income on Schedule E, even when the won never leaves a Korean bank account.

Categories Taxes

The Year End Tax Moves Korean-American Cross-Border Families Actually Need

08/26/2026 by DONGHYUN KIM
April calendar with tax forms, highlighting tax time reminders for financial tasks.

Year end tax moves for Korean Americans go beyond loss harvesting — the NRA spouse election, the $100,000 gift threshold, and PFIC timing matter more.

Categories Taxes

YouTube Revenue — Tax Structure Differences Between Korean vs US Channels

08/24/2026 by DONGHYUN KIM
From above of white retro lightbox with TAXES inscription placed on pile of USA dollar bills on white surface

YouTube revenue tax works differently for Korean creators than most assume — here is what Google withholds and what the IRS still expects.

Categories Taxes

When Korean Grandparents Give Money to US Grandchildren — Who Owes the Gift Tax

08/22/2026 by DONGHYUN KIM
Senior man and boy enjoying a heartwarming gift exchange indoors.

A grandparent gift from a Korean grandparent to a US grandchild rarely owes gift tax, but skipping Form 3520 can cost 25% in penalties.

Categories Taxes

Claiming Korean Parents as Dependents — Qualification Rules and Tax Savings Calculated

08/20/2026 by DONGHYUN KIM
Young family enjoying quality time together, engaging with a laptop indoors.

See exactly when you can claim parents as dependents on a US return, even if they live in Korea and never visit.

Categories Taxes

Financial Asset Checklist Before Renouncing Korean Citizenship Before US Naturalization

08/19/2026 by DONGHYUN KIM
A hand signs a formal contract with a pen on a wooden desk.

Renouncing Korean citizenship is required for most Korean green card holders naturalizing as US citizens. Here’s the financial checklist to handle first.

Categories Taxes

The EV Tax Credit Ended in 2025 — What H-1B and Green Card Holders Should Do Now

08/18/2026 by DONGHYUN KIM
Detailed close-up image of a U.S. 1040 Individual Income Tax Return form, ideal for finance-related content.

The $7,500 EV tax credit ended for vehicles bought after September 30, 2025. Here’s what to do if you bought before the cutoff, or are still shopping.

Categories Taxes

When Your Tax Status Changes from OPT to H-1B — The Exact Cutover Date

08/15/2026 by DONGHYUN KIM
Man working from home on laptop

An OPT H1B status change can flip you from nonresident to resident alien mid-year, creating a dual-status return most people never expect.

Categories Taxes
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Recent Posts

  • Sign-On Bonus Clawback on H-1B: The Tax Fix and the Green Card Risk It Hides
  • Home Office Deduction: Your W-2 Can’t Claim It, Your Korean Side Income Might
  • Korean Rental Property Income While Living in the US — How to File Including Currency Conversion
  • Self-Employed SEP-IRA — How to Count Korean Consulting Income Paid in Won
  • The Year End Tax Moves Korean-American Cross-Border Families Actually Need

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