Between the U.S. and Korea,
nothing falls through the cracks.

Even when no U.S. tax is due, large gifts or inheritances from abroad may need to be reported on Form 3520. Korea may also tax the transfer on its side.

What we do: Form 3520 reporting, the U.S. side of the transfer, coordination with Korean professionals

A sale in Korea may still be reportable on your U.S. return, and Korean tax you paid may offset U.S. tax through the foreign tax credit.

What we do: Gain calculated in U.S. terms, foreign tax credit, timing

The year you become a U.S. tax resident changes what you report. Some planning works best before you arrive.

What we do: Residency start date, pre-immigration planning, first-year filings

The foreign tax credit and the U.S.–Korea tax treaty can reduce double taxation, but neither applies automatically.

What we do: Foreign tax credit, treaty positions, Form 1116

Some Korean investment and savings products are treated in unusual ways under U.S. tax rules and may need extra forms.

What we do: Product review, required forms, reporting options

If so, an FBAR may be required for that year, and larger balances may also require Form 8938.

What we do: FBAR, Form 8938, account review