

For calendar year 2021 you must pay any tax due by April 18, 2022, or interest will be charged. For a calendar year return, the automatic 2-month extension is to June 15. citizen or resident alien residing overseas, or are in the military on duty outside the U.S., on the regular due date of your return, you are allowed an automatic 2-month extension to file your return without requesting an extension. For more information see Virtual Currencies. Taxpayers must also report virtual currency transactions to the IRS on their tax returns these transactions are taxable by law just like any other property transaction. For further details see Report of Foreign Bank and Financial Accounts (FBAR). Taxpayers should file a Report of Foreign Bank and Financial Accounts (FBAR) electronically by April 18, 2022, using the BSA E-Filing System. Treasury Department, even if the accounts don't generate any taxable income. taxpayers who own foreign financial accounts must report those accounts to the U.S. For further details, see Publication 54, Tax Guide for U.S. Many Americans living abroad qualify for special tax benefits, such as the foreign earned income exclusion and foreign tax credit, but they can only get them by filing a U.S.

You are subject to tax on worldwide income from all sources and must report all taxable income and pay taxes according to the Internal Revenue Code. citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated tax are generally the same whether you are in the United States or abroad.
