The tax deadline for American expats is June 17 — here’s what to know

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The tax deadline for ********* expats is June 17 — here’s what to know

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If you’re living and working abroad and still need to file 2023 taxes, the deadline is only one week away.

While the regular tax deadline was April 15 for most taxpayers, there’s an automatic

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for those U.S. citizens and

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, including dual citizens, who live outside the country.

There are two ways to

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, according to the IRS. You must live outside of the U.S. and Puerto Rico or serve in the military outside the country during the regular tax deadline.

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Although the two-month extension happens automatically, you must attach a statement to your return that explains which situation applies, according to the IRS.

Still, you’ll want to pay your balance due “as quickly as possible” because interest accrues after the original April 15 deadline, said Mike Wallace, CEO at Greenback Expat Tax Services.

The “fastest and easiest” ways to make payments are via an

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,

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 and the 

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, according to the IRS. But there are

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.

There’s still time to file for an extension

If you can’t meet the June 17 deadline, there’s still time to

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You can request the four-month extension by filing

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by June 17, which bumps the filing due date to Oct. 15.

Other filing requirements for expats

In addition to income tax filings, some ********* expats face added reporting requirements. These requirements can be complicated and mistakes can be costly, experts say.

To that point, roughly 1 in 5 ********* expats don’t feel comfortable

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, according to a recent survey from Greenback Expat Tax Services.

For example, some expats also must report foreign bank accounts by filing the Report of Foreign Bank and Financial Accounts, or FBAR, if the combined account value exceeds $10,000 any time during the year.

Some expats may also need to complete and attach

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, once certain foreign assets exceed yearly thresholds, Martens explained.

Failing to file the FBAR or Form 8938 can

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of up to $10,000 or higher, depending on the situation, according to the IRS.

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