Taxes

Up to $3,000 per child, capped at $6,000 total, in childcare expenses gives a direct tax credit, separate from a dependent care FSA and stackable with it.

Vietnamese withholding tax on interest, dividends, and rental income is creditable against US tax on the same income through Form 1116.

Inherited Vietnamese property isn’t subject to US inheritance tax, but FBAR and FATCA reporting starts the moment you become the owner.

The QBI deduction can shelter up to 20% of qualifying business income, and a surprising number of small Vietnamese-owned businesses miss it entirely.

A nail tech renting a station rather than being employed is legally self-employed, and the tax picture looks completely different from a W-2 coworker’s.

Filing jointly with a spouse still in Vietnam usually saves $2,000-$6,000 over filing separately. Here’s how the ITIN application actually works.

Gift tax sending money to Vietnam explained — annual limits, Form 709, and why most family transfers owe zero tax.

Tet cash gifts to family in the US stay under $18,000 per person per year without any reporting required. Here’s what applies above that threshold.

The American Opportunity Tax Credit offers up to $2,500 a year for a college student’s first four years, yet many Vietnamese parents never claim it.

Vietnam rental income tax is due on Schedule E every year — Form 1116, not a treaty, is what stops you from paying it twice.