The Internal Revenue Service (IRS) of the United States made the reminder this Tuesday to Americans and permanent residents living outside the United States that the deadline to file their taxes is within a few weeks, according to what the agency communicated.
“The Internal Revenue Service reminds taxpayers who live and work outside the United States to file their 2023 federal income tax return by Monday, June 17,” the IRS said. “This deadline applies to both U.S. citizens and foreign nationals residing abroad, including those with dual citizenship.”
The deadline this year for filing taxes was April 15, but in some states the date was extended until April 17 due to the issue of holidays in those areas, but taxpayers who live outside the country usually have an extension of two months.
Taxpayers Abroad and Their Obligations
To qualify for this exemption, you must “live outside the United States and Puerto Rico and your principal place of business or duty station is outside the United States and Puerto Rico, or be on duty in the military outside the United States and Puerto Rico, by the usual due date of your tax return,” according to the IRS.
“To make use of the automatic two-month extension, taxpayers must attach to their tax return a statement explaining which of the two situations listed above applies.”
The agency also expressed that the request for a six-month extension can be made for a variety of reasons, including for those “who occupy an extension of more than six months to meet the test of bona fide residence or physical presence to qualify for the benefit earned abroad.” Income exclusion or to exclude or deduct the costs of housing abroad.”
“Members of the military stationed overseas or in a combat zone during tax filing season may qualify for an additional extension of at least 180 days to file and pay taxes,” the IRS said. “Spouses of people who served in a combat zone or in a contingency operation are generally entitled to the same term extensions with some exceptions.”
Federal Tax Credits Also Available for Expats
The agency also commented that taxpayers abroad can apply for some tax credits. “Many taxpayers living outside the United States qualify for tax benefits, such as the Foreign Earned Income Exclusion and the Foreign Tax Credit, but they are available only if a return is filed in the United States,” the agency added.
Income earned abroad is also taxable, the agency said, and must be declared in U.S. dollars.
“The income of U.S. citizens or foreigners residing around the world is generally subject to U.S. income tax, including income from foreign trusts and foreign bank and securities accounts,” the IRS announced. “Any income received or deductible expenses paid in foreign currency must be declared on a U.S. tax return in U.S. dollars. Also, any tax payments must be made in US dollars.”
