June 15 Tax Deadline Postponed; Tax deadline postponed for taxpayers who live and work abroad; The Internal Revenue Service (IRS) reminded people who live and work abroad that their tax deadline has been postponed. As per the details, tax deadline postponed for taxpayers who live and work abroad and they can file 2019 federal income tax return and pay any tax due until Wednesday, July 15, 2020. It must be noted that the usual tax deadline for taxpayers who live and work abroad is June 15 which is postponed to July 15 due to COVID-19 pandemic in the United States. Black Ink provides the best tax preparation services for Americans abroad to file their taxes with maximum saving strategies.
Tax Deadline Postponed For Taxpayers Who Live and Work Abroad
The details of delayed tax deadline for Americans who work and live abroad, commonly known as expats or expatriates, are highlighted below:
- The extension in the tax deadline for foreigner Americans is a part of Coronavirus-related relief by the U.S. government that was announced in early April 2020.
- S. tax payers who live and work abroad will file their income tax returns and due payments till July 15, 2020.
- The extension in tax deadline for taxpayers who live and work abroad is applicable on all taxpayers who have an income tax filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020.
- All those Americans who live and work abroad, nonresident aliens and foreign entities with a U.S. filing and payment requirement are eligible for extended tax deadline until July 15, instead of June 15.
If you want us to handle all your tax preparation matters with the best tax-saving strategies, you can contact our team to file your 2019 federal income tax return and pay any tax due. You can also approach us for any matter related to tax filing for expatriates within deadline.
What to Do If You Need More Time beyond July 15 to File Income Tax?
Do you need more time after July 15 to file your tax returns to the IRS? It is very simple and easy. To request extended tax deadline after July 15, individual taxpayers can file the extension to October 15 in one of the following two ways:
- File Form 4868 to request extension in the income tax deadline in USA. We have a team of best tax professionals in USA who can assist you in filing Form 4868 for extension in tax deadline till October 15, 2020. You can also use IRS Free File option to file the form.
- You can also submit an electronic payment with Electronic Federal Tax Payment System, Direct Pay or by debit, credit card or digital wallet options. When using electronic payment for requesting extension in tax deadline, always select Form 4868 or extension as the payment type. When the taxpayers pay either complete or part of their tax payments electronically before the due date of July 15, the automatic extension of time to file is processed. It must be noted that taxes are still due by July 15 as extension to file does not grant an extension to pay for the taxpayers.
- If you are a business owner and want to request an extension in filing the income tax returns, you are required to file Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns with the IRS.
Tax deadline postponed for taxpayers who live and work abroad and the new tax deadline for expats is July 15, 2020.
Combat Zone Extension to File Income Tax Returns
If any of the following situations occurs, the members of military are eligible for an additional extension of minimum 180 days to file and pay taxes in USA. The situations include:
- They service in a combat zone.
- They have qualifying service outside of a combat zone.
- They serve on deployment while participating in an emergency operation which is outside the United States distant from their permanent duty station. This type of military operation is either chosen by the Secretary of Defense or resulted in calling members of the uniformed services to active duty (or retains them on active duty) throughout a war or a national emergency declared by the President or Congress.
Tax deadlines haves also been postponed for those individuals who are serving in a combat zone or a contingency operation for the Armed Forces. Red Cross personnel, accredited correspondents, and civilian personnel acting under the direction of the Armed Forces in support of those forces qualify for this extension. However, spouses of the individuals who served in a combat zone or contingency operation are normally entitled to the similar deadline extensions with a few exceptions. If you need any further details regarding Armed Forces’ Tax Guide and military tax information and extensions, book an initial free inquiry with our team.
The IRS has opened 2019 tax filing season for taxpayers in USA from January 27, 2020 and has also extended the tax deadline to July 15, instead of April 15.with the news of tax deadline postponed for taxpayers who live and work abroad, Americans in foreign countries are also a little bit relieved. If you need any assistance in top tax planning in USA, Black Ink is always ready to serve you in the best manner.