In this brief video, Greenback Expat Tax Services President and CEO David McKeegan provides important information about 2013 tax dates for American expats. Learn about upcoming deadlines that you should be aware of.
Hi, everybody. I’m David McKeegan from Greenback Expat Tax Services, and I wanted to talk to you today about important tax deadlines for 2013.
The first date you need to know about is March 15th which is when corporate tax returns are due. If you need a bit more time to file your corporate tax return, you can file a Form 7004 for a 6-month extension which will get you out to September 16th of 2013.
The date most people know and are familiar with is April 15th. Now if you’re an expat, if you’re working oversees on April 15th, 2013, you get an automatic 2-month extension. However, you do still need to pay any taxes that are due by April 15. Otherwise, you’ll have interest and penalties on the underpayment.
Now if you need an extension to file your taxes, let’s say if you work in the U.K. or another country where the tax deadlines don’t line up too well and you’re not going to have all your documents, you can file form 4868 in order to get an extension out to October 15.
The next deadline is June 17th. Usually, it’s June 15th, but this year June 15th is on a Saturday. So expats get a bit of an extension out to June 17th. This is the automatic extension for people. If you’re an expat or if you’re overseas, this is your deadline.
The next date you need to know about is June 30th. June 30th is the FBAR deadline. That’s the Foreign Bank Account Report deadline filed with the U.S. Treasury Department on form 90.22.1, and this is for anybody that had over $10,000 U.S. dollars or the foreign currency equivalent in a bank account at any time during 2012. Again, this form gets sent to the U.S. Treasury Department.
The next date to know about is September 16th. This is the final deadline for corporate tax returns. Usually, it’s the 15th, but the 15th is a Sunday so you get an extra day this year.
Last but not least, October 15th. This is the final deadline for US tax returns, if you filed for an extension. If you filed a Form 4868 at the beginning of the year, you get an extension all the way up to October 15.
If you have any other questions, please get in touch. Thank you.
Do You Need More Information on Expatriates Tax Issues?
For more in depth information, you can refer to our blog post on this topic, too. If you have questions about whether you need to file taxes or if you would like help completing your American expat tax return, please contact us.