October 17, 2024

Slow Travel News

Your resource for slow travel and international living – new content daily

2024 Tax Deadlines for Expats

3 min read
2024 Tax Deadlines for Expats  H&R Block

At a glance

Find out what the Expat tax filing deadline is this year. The tax experts at H&R Block breakdown other deadlines and extensions for U.S. Expats.

U.S. expat looking at the U.S. expat tax deadline for 2023

Just like most taxpayers in the United States are required to file U.S. tax returns and pay any taxes due by April 15 (unless an extension applies), expats living and working in another country as a U.S. citizen are also required to file.

However, if you’re living abroad, the rules for expat tax filing and deadlines are a little different.

Expat tax deadlines for 2024

Typically, expat tax deadlines are consistent each year, with the exception of 2020 and the Coronavirus extensions. Review coronavirus (COVID-19) tax impacts for U.S. expats living abroad.

The U.S. reports on a calendar-year basis, meaning you’re taxed on income on a January 1 – December 31 basis. Your expat tax deadlines are as follows:

Filing deadlineApril 15, 2024
Filing deadline for expatsJune 15, 2024
Filing deadline with extensionOctober 15, 2024
Deadline to pay tax dueApril 15, 2024
FBAR deadline (FinCEN Form 114)April 15, 2024 with an automatic extension to October 15, 2024

Do I have to pay U.S. taxes if I live abroad?

Expats are required to file U.S. tax returns each year, but sometimes tax benefits (like the Foreign Earned Income Exclusion and Foreign Tax Credit) available to them result in no U.S. taxes owed. However, if any of the following situations apply to you, it’s possible that you may still owe U.S. taxes.

  • You live and work in a country with lower tax rates than the U.S.
  • You’re not taxed on your foreign investments, or
  • You still receive income from U.S. sources

Estimated tax payment deadlines for U.S. citizens overseas

If you’re living outside the U.S. and usually owe U.S. taxes, you may need to make quarterly estimated tax payments to the IRS. An expat tax expert can help you figure those quarterly payments so you can avoid end-of-year penalties.

Quarterly Income and Expat Self Employment Tax Deadlines

1st installment quarterly income and self-employment taxesApril 15, 2024
2nd installment quarterly income and self-employment taxesJune 17, 2024
3rd installment quarterly income and self-employment taxesSeptember 16, 2024
4th installment quarterly income and self-employment taxesJanuary 15, 2025

Tax extensions for expats

Your U.S. tax information is still reported on a calendar-year basis even if you are living in a country that taxes on a fiscal year rather than a calendar year basis (the United Kingdom and Australia, for example).

If you’re worried about getting your taxes done by the deadline, requesting an extension can give you more time to gather information before the end of the tax year of the country where you live. H&R Block’s Expat Tax Services is here to help you with tax extensions — simply choose to file with an Expat Tax Advisor and they’ll handle your paperwork for you.

FBAR filing deadline

The FBAR filing deadline is the due date of your income tax return, though FinCEN has provided a regulatory extension to October 15th for most filers.

Visit the FBAR overview page to learn more.

Get your expat taxes done on time with H&R Block’s Expat Tax Services

No matter if you’re early, on-time, or behind, we’ve got a tax solution for you — whether you want to be in the driver’s seat with our DIY online expat tax service designed for U.S. citizens abroad or prefer to let one of our experienced tax advisors take the wheel.

Ready to get the tax season over with? Start the process with virtual Expat Tax Preparation from H&R Block today!

Was this article helpful?

***
This article has been archived by Slow Travel News for your research. Find the original article here.

Discover more from Slow Travel News

Subscribe to get the latest posts sent to your email.

Copyright © All rights reserved. | Newsphere by AF themes.