U.S. Tax Filing Deadlines for Expat Citizens and Non Resident Aliens for 2016 (2015 tax year)
Why you shouldn’t miss October 15
Penalties and interest charges are assessed against taxpayers who file late or not at all. Your extension was granted as extra time to file your tax return, but not extra time to pay the balance due. There are two penalties: Failure to File and Failure to Pay.
If you are an expat tax filer and have filed an extension (qualified expat filers get an automatic extension to June 15), October 15th is the deadline to avoid a very stiff penalty. The Failure to File penalty runs 5.0% per month plus interest on any balance due.
Failure to Pay penalty is the other one. Just remember you have to be paid-in-full by October 15.
While there is no penalty for Failure to File if you are due a refund, you cannot obtain a refund without filing a tax return. If you wait too long, you run the risk of losing it. In cases where a return is not filed, you generally have up to three years to claim a refund.
Filing Is Easy
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Don’t miss this deadline; the headache and extra financial costs aren’t worth it. Get your tax return filed so you can move on with your life.