The IRS IR-2022-112 reminds Americans abroad (US citizens and resident aliens abroad) that they must file the 2021 tax returns by June 15, 2022. The automatic extension of two months is granted to those living overseas (no even need to ask for an extension as far as your residence is abroad).

You might be entitled to tax benefits such as Foreign Earned Income and / or the Foreign Tax Credit, plus any other benefits such as Child Tax Credit, Credit for Other Dependents, and Child and Dependent Care Expenses, etc.

A taxpayer qualifies for the special June 15 filing deadline if:

  • Both their tax home and abode are outside the United States or Puerto Rico, or
  • They are serving in the military outside the U.S. and Puerto Rico on the regular due date of their tax return. Be sure to attach a statement to the return indicating which of these two situations applies.

Additionally, those taxpayers will probably have to report their foreign bank or financial accounts. The FBAR requirement applies to anyone with an interest in, or signature or other authority over foreign financial accounts whose aggregate value exceeded $10,000 at any time during 2021.