Friday, April 14, 2017

Taxpayers outside the U.S. get till June 15 to file



The United States’ citizens and resident aliens who live and work outside the U.S. and Puerto Rico have until June 15, 2017, to file their 2016 returns and pay any taxes due. 
 
The special June 15 deadline also applies to members of the military, on duty outside the U.S. and Puerto Rico, who do not qualify for the longer combat zone extension. 

A statement from the Internal Revenue Service (IRS) urged taxpayers to “be sure to attach a statement to the return explaining which of these situations applies”. 

Though taxpayers abroad get more time to pay, interest, currently at the rate of four percent per year, compounded daily, applies to any payment received after April 18.

Taxpayers in Presidentially-declared disaster areas, members of the military serving in a combat zone and Americans living and working abroad get extra time to both file their returns and pay any taxes due.

The IRS generally provides relief, including postponing filing and payment deadlines, to any area covered by a disaster declaration for individual assistance issued by the Federal Emergency Management Agency (FEMA). 

Among other things, this relief includes extensions for relief workers, disaster area businesses and anyone whose tax records are located in the disaster area

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