The tax filing deadline fast approaches. If you are still putting together all necessary documents, you should be wise and become aware of different deadlines coming up. As for expats, the regular tax schedule doesn’t apply completely, so mark your calendar accordingly after this blog post!
- April 18th– Usually the tax filing deadline in the U.S. is April 15th, but thanks to the Emancipation Day holiday, everyone gets a 3-day extension this year. If you, as an expat, wishes to delay the filing date, you can trigger the automatic 2-month extension by simply not filing your taxes by April 18th.
- June 18th– The automatic 2-month extension ends on this day, meaning expats will have to file by this date unless they are requesting for another extension.
- June 30th– This is the day to electronically report all your foreign bank and financial accounts (FBAR) information. The Bank Secrecy Act may require you to report overseas accounts every year, so it may be wise to remember this date for the coming years.
- October 15th – Whatever the reason behind the extensions, as long as you properly request for one, you can delay the filing till this date. This is the last possible deadline to file your U.S. tax return. You will have to pay taxes owed to the IRS on this date to avoid failure-to-pay and failure-to-file penalties.
54 days remain till the first deadline, and if you feel unprepared, get in touch with us right away. We offer online tax consultations to our potential clients, helping you identify necessary documents and filing requirements.