How to read Japanese Tax Statement (Gensen Choshu Hyo)
A Gensen-Choshu-Hyo is the official tax form that you get from your employer. It outlines your earnings and the amount of taxes you paid during the calendar year.
A. Taxpayer’s Address
B. Taxpayer’s Name
C. Total Salary earned during the year
Gross Salary - Report the total amount of the annual Gross Salary in Income > Wages > Income Outside of the U.S. section of our Tax Questionnaire.
D. Income after employment income deduction
E. Total income credit
F. Income tax withheld at source
Income Tax - Amount of foreign income tax paid or withheld. Can be utilized as a foreign tax credit to offset U.S. tax liability. Report tax imposed on the particular income type in the same section of our Tax Questionnaire where you reported that income.
Note: Resident tax should be added to income tax when reporting foreign income tax paid/withheld.
G. Marital status and the spousal exemption
H. The number of dependents
This should include children in each category: specific dependents (16-22 yrs old), elderly dependents (70 and over). Report dependent children and other dependents on Personal Details > The Basics > Children tab of TQ.
I. Details of income credits
This includes social insurance, life insurance, earthquake insurance, mortgage, spouse’s income, personal pension, long-term accident insurance.
J. Date of Employment and Date of Termination
K. Taxpayer’s DOB
L. Employer’s Address
Report your employer’s address in the tax questionnaire under the Income > Wages > Income Outside of the U.S. tab.
M. Employer’s Name
Report your employer’s name in the tax questionnaire under the Income > Wages > Income Outside of the U.S. section.
- Shown income tax withheld at source is only National income tax excluding the resident income tax.
- The resident tax is also withheld but is not shown. Add resident tax paid to the amount of income tax on Taxes & Deductions > Taxes Paid tab of TQ. If you submitted other tax statements issued by your previous employers, all those earnings and withheld tax are also reflected and adjusted on this statement.