A million yen sounds like a lot, but doesn’t go far when you’re doing taxes.

My gross income was just over a million yen which makes my taxable income about 450,000. Subtracting out the deduction of 380,000, I should be taxed on only 70,000 yen of my income. (That’s about $500).

I’ve already paid about 100,000 yen in taxes, so if I understand these forms and calculations correctly I think I’ll be getting a refund from the national government.

Note to self: don’t plan to get rich as a writer. Posted by kuri at March 12, 2002 10:57 AM