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Taxes

The Sign-On Bonus Tax Trap — What Happens If a Filipino Nurse Leaves Before the Payback Period

August 22, 2026 by catchyoulaterdd@gmail.com
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A $15,000 sign-on bonus gets taxed as income upfront. Leave early and repay it, and most nurses never claim the tax deduction they’re owed back.

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Child Tax Credit for Filipino Immigrant Families — $2,000 Per Child if You Qualify

August 19, 2026 by catchyoulaterdd@gmail.com
A couple collaboratively managing finances with papers and calculator in hand.

The Child Tax Credit Filipino families can claim is worth up to $2,000 per child — here’s who qualifies and how refunds work.

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Selling a House in the Philippines While Living in the US — Full Tax Calculation

August 16, 2026 by catchyoulaterdd@gmail.com
Modern house exterior with a 'Home for Sale' sign in front yard.

Selling a house in the Philippines while living in the US means tax on both sides. Here’s the full calculation, step by step.

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Married Filing Jointly vs Separately When Your Spouse Is Still in the Philippines

August 13, 2026 by catchyoulaterdd@gmail.com
Close-up of hands organizing tax forms on a desk with a calculator, laptop, and notebook.

Married filing jointly usually wins when your spouse is in the Philippines, but they need an ITIN first. Here’s the tradeoff, step by step.

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Filing US Taxes as a New Arrival From the Philippines — Resident vs Non-Resident Alien Year 1

August 11, 2026 by catchyoulaterdd@gmail.com
Close-up of a hand on tax form 1040 with a calculator on a desk.

First year tax filing status for Filipino newcomers hinges on arrival date, not visa type. Here’s the test that decides it and the election most people miss.

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Rental Income From Philippine Property — How to Report It Correctly on Your US Tax Return

August 10, 2026 by catchyoulaterdd@gmail.com
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Rental income from a Philippine property stays taxable in the US even after Philippine withholding. Here’s the Schedule E flow and the foreign tax credit fix.

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Foreign Tax Credit for Philippine Income — Avoiding Double Taxation on Dividends and Interest

August 9, 2026 by catchyoulaterdd@gmail.com
Close-up image of Form 1040 for U.S. tax returns, highlighting filing status options.

Philippine withholding tax on dividends and bank interest is creditable dollar-for-dollar against US tax through Form 1116, yet most Filipino filers skip it.

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FATCA and Philippine Banks — What BPI and BDO Have Already Reported to the IRS

August 9, 2026 by catchyoulaterdd@gmail.com
Detailed shot of a 20 peso coin from the Philippines highlighting its design.

FATCA Philippine banks like BPI and BDO already report US account holders to the IRS. Learn what’s shared and how to catch up safely.

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Nurse Overtime Tax — Why Extra Shifts Don’t Cost as Much as Filipino Nurses Fear

August 8, 2026 by catchyoulaterdd@gmail.com
Colorful tax reminder on clipboard against a pink background for March

A double-time shift looks like it pushes you into a scary new bracket. Marginal vs effective tax rates explain why overtime almost always pays off.

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Quarterly Estimated Taxes for Filipino Contractors and Self-Employed Nurses — Avoiding the Penalty

August 7, 2026 by catchyoulaterdd@gmail.com
Close-up of a calculator on financial documents with graphs and analysis papers.

1099-NEC agency income means no employer withholding. Miss a quarterly IRS deadline and the penalty hits even if you pay everything owed by April.

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