How Do I File My US Taxes from Abroad? (1) - PowerPoint PPT Presentation

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How Do I File My US Taxes from Abroad? (1)

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If you are a US citizen living abroad, you can file your US tax returns electronically from any location.  Internal Revenue Service recommends using IRS free files for filing tax returns. For more information about rules and procedures on filing of tax returns from abroad, please use the below link on the IRS website. – PowerPoint PPT presentation

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Title: How Do I File My US Taxes from Abroad? (1)


1
How Do I File My US Taxes from Abroad?
2
How Do I File My US Taxes from Abroad?
  • If you are a US citizen living abroad, you can
    file your US tax returns electronically from any
    location.  Internal Revenue Service recommends
    using IRS free files for filing tax returns. For
    more information about rules and procedures on
    filing of tax returns from abroad, please use the
    below link on the IRS website.
  • Tax Guide for U.S. Citizens and Resident Aliens
    Abroad. 

3
When to file
  • If you are a US national or green card holder
    living abroad, you will be eligible for two
    months extension period for paying your tax
    liability. The official due date for filing tax
    returns is April 15th (for e.g. 2021 tax return
    will be due on 15th April 2022). IRS grants an
    automatic extension period of 2 months to
    June15th to accommodate you. However, this
    automatic extension does not apply to money owed
    i.e., the penalty for late tax will be calculated
    from the start of the two-month extended period
    which is April 15th (for extension up to June15).
    This means that even though you have been given
    the extension to file, you till shave to pay the
    interest on the tax due according to the original
    calendar date of your return which is April 15. 

4
When to file
  • If you are unable to meet the extended deadline
    of June15th for filing your returns, you can
    apply for a further extension up to October15th.
    This can be done by filling form 4868 which is an
    Application for an Automatic Extension of Time
    to File a U.S. Individual Income Tax Return.
    This form must be filed before the automatic
    two-month extension period comes to an end. Note
    that an extension gives you extra time to file
    but you will still be charged penalties and
    interests but at a lower rate.
  • Interest only You will still be charged interest
    on tax due from April15th.
  • Interest and Penalty Any payments made after
    June15th will be subject to both interest and
    failure to pay penalties.
  •  

5
Forms that will be required 
6
Forms that will be required 
  • Application for Automatic Extension of Time to
    File U.S. Individual Income Tax Return (Form
    4868) (PDF, 516 KB)
  • 4868 in Spanish (PDF, 526 KB)
  • Application for United States Residency
    Certificate (Form 8802) (PDF, 160 KB)
  • Instructions to Form 8802 (PDF, 236 KB)
  • Statement of Specified Foreign Financial Assets
    (Form 8938) (PDF, 180 KB)
  • Instructions to Form 8938 (PDF, 269 KB)
  • Certification by U.S. Person Residing Outside of
    the United States for Streamlined Foreign
    Offshore Procedures (Form 14653) (PDF, 39 KB)

7
Where to file US tax from Abroad
  • You should pay your taxes in US Dollars. If you
    are a US national or a green card holder who is
    living abroad, you can send your tax return to 
  • Department of the Treasury
  • Internal Revenue Service Centre
  • Austin, TX 73301-0215
  • USA 
  •  

8
Where to file US tax from Abroad
  • Estimated tax payments should be send with form
    1040-ES to
  • Internal Revenue Service
  • P.O. Box 1300
  • Charlotte, NC 28201-1300
  • USA
  •  

9
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