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Www free1040taxreturn com Publication 54 - Additional Material Questions and AnswersThis section answers tax- related questions commonly asked by taxpayers living abroad. Www free1040taxreturn com 1. Www free1040taxreturn com Filing Requirements—Where, When, and How . Www free1040taxreturn com 1) When are U. Www free1040taxreturn com S. Www free1040taxreturn com income tax returns due? . Www free1040taxreturn com 2) I am going abroad this year and expect to qualify for the foreign earned income exclusion. Www free1040taxreturn com How can I secure an extension of time to file my return, when should I file my return, and what forms are required? . Www free1040taxreturn com 3) My entire income qualifies for the foreign earned income exclusion. Www free1040taxreturn com Must I file a tax return? . Www free1040taxreturn com 4) I was sent abroad by my company in November of last year. Www free1040taxreturn com I plan to secure an extension of time on Form 2350 to file my tax return for last year because I expect to qualify for the foreign earned income exclusion under the physical presence test. Www free1040taxreturn com However, if my company recalls me to the United States before the end of the qualifying period and I find I will not qualify for the exclusion, how and when should I file my return? . Www free1040taxreturn com 5) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen and have no taxable income from the United States, but I have substantial income from a foreign source. Www free1040taxreturn com Am I required to file a U. Www free1040taxreturn com S. Www free1040taxreturn com income tax return? . Www free1040taxreturn com 6) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen who has retired, and I expect to remain in a foreign country. Www free1040taxreturn com Do I have any further U. Www free1040taxreturn com S. Www free1040taxreturn com tax obligations? . Www free1040taxreturn com 7) I have been a bona fide resident of a foreign country for over 5 years. Www free1040taxreturn com Is it necessary for me to pay estimated tax? . Www free1040taxreturn com 8) Will a check payable in foreign currency be acceptable in payment of my U. Www free1040taxreturn com S. Www free1040taxreturn com tax? . Www free1040taxreturn com 9) I have met the test for physical presence in a foreign country and am filing returns for 2 years. Www free1040taxreturn com Must I file a separate Form 2555 (or Form 2555-EZ) with each return? . Www free1040taxreturn com 10) Does a Form 2555 (or 2555-EZ) with a Schedule C or Form W-2 attached constitute a return? . Www free1040taxreturn com 11) On Form 2350, Application for Extension of Time To File U. Www free1040taxreturn com S. Www free1040taxreturn com Income Tax Return, I stated that I would qualify for the foreign earned income exclusion under the physical presence test. Www free1040taxreturn com If I qualify under the bona fide residence test, can I file my return on that basis? . Www free1040taxreturn com 12) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen who worked in the United States for 6 months last year. Www free1040taxreturn com I accepted employment overseas in July of last year and expect to qualify for the foreign earned income exclusion. Www free1040taxreturn com Should I file a return and pay tax on the income earned in the United States during the first 6 months and then, when I qualify, file another return covering the last 6 months of the year? . Www free1040taxreturn com 13) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen. Www free1040taxreturn com I have lived abroad for a number of years and recently realized that I should have been filing U. Www free1040taxreturn com S. Www free1040taxreturn com income tax returns. Www free1040taxreturn com How do I correct this oversight in not having filed returns for these years? . Www free1040taxreturn com 14) In 2008, I qualified to exclude my foreign earned income, but I did not claim this exclusion on the return I filed in 2009. Www free1040taxreturn com I paid all outstanding taxes with the return. Www free1040taxreturn com Can I file a claim for refund now? . Www free1040taxreturn com 1) When are U. Www free1040taxreturn com S. Www free1040taxreturn com income tax returns due? Generally, for calendar year taxpayers, U. Www free1040taxreturn com S. Www free1040taxreturn com income tax returns are due on April 15. Www free1040taxreturn com If you are a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen or resident and both your tax home and your abode are outside the United States and Puerto Rico on the regular due date, an automatic extension is granted to June 15 for filing the return. Www free1040taxreturn com Interest will be charged on any tax due, as shown on the return, from April 15. Www free1040taxreturn com a) You should file Form 2350 by the due date of your return to request an extension of time to file. Www free1040taxreturn com Form 2350 is a special form for those U. Www free1040taxreturn com S. Www free1040taxreturn com citizens or residents abroad who expect to qualify for the foreign earned income exclusion or the housing exclusion or deduction under either the bona fide residence test or physical presence test and would like to have an extension of time to delay filing until after they have qualified. Www free1040taxreturn com b) If the extension is granted, you should file your return after you qualify, but by the approved extension date. Www free1040taxreturn com c) You must file your Form 1040 with Form 2555 (or Form 2555-EZ). Www free1040taxreturn com Generally, yes. Www free1040taxreturn com Every U. Www free1040taxreturn com S. Www free1040taxreturn com citizen or resident who receives income must file a U. Www free1040taxreturn com S. Www free1040taxreturn com income tax return unless total income without regard to the foreign earned income exclusion is below an amount based on filing status. Www free1040taxreturn com The income levels for filing purposes are discussed under Filing Requirements in chapter 1. Www free1040taxreturn com If your regular filing date has passed, you should file a return, Form 1040, as soon as possible for last year. Www free1040taxreturn com Include a statement with this return noting that you have returned to the United States and will not qualify for the foreign earned income exclusion. Www free1040taxreturn com You must report your worldwide income on the return. Www free1040taxreturn com If you paid a foreign tax on the income earned abroad, you may be able to either deduct this tax as an itemized deduction or claim it as a credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com income tax. Www free1040taxreturn com However, if you pay the tax due after the regular due date, interest will be charged from the regular due date until the date the tax is paid. Www free1040taxreturn com Yes. Www free1040taxreturn com All U. Www free1040taxreturn com S. Www free1040taxreturn com citizens and resident aliens are subject to U. Www free1040taxreturn com S. Www free1040taxreturn com tax on their worldwide income. Www free1040taxreturn com If you paid taxes to a foreign government on income from sources outside the United States, you may be able to claim a foreign tax credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com income tax liability for the foreign taxes paid. Www free1040taxreturn com Form 1116 is used to figure the allowable credit. Www free1040taxreturn com Your U. Www free1040taxreturn com S. Www free1040taxreturn com tax obligation on your income is the same as that of a retired person living in the United States. Www free1040taxreturn com (See the discussion on filing requirements in chapter 1 of this publication. Www free1040taxreturn com ) U. Www free1040taxreturn com S. Www free1040taxreturn com taxpayers overseas have the same requirements for paying estimated tax as those in the United States. Www free1040taxreturn com See the discussion under Estimated Tax in chapter 1. Www free1040taxreturn com Overseas taxpayers should not include in their estimated income any income they receive that is, or will be, exempt from U. Www free1040taxreturn com S. Www free1040taxreturn com taxation. Www free1040taxreturn com Overseas taxpayers can deduct their estimated housing deduction in figuring their estimated tax. Www free1040taxreturn com The first installment of estimated tax is due on April 15 of the year for which the income is earned. Www free1040taxreturn com Generally, only U. Www free1040taxreturn com S. Www free1040taxreturn com currency is acceptable for payment of income tax. Www free1040taxreturn com However, if you are a Fulbright grantee, see Fulbright Grant in chapter 1. Www free1040taxreturn com Yes. Www free1040taxreturn com A Form 2555 (or Form 2555-EZ) must be filed with each Form 1040 tax return on which the benefits of income earned abroad are claimed. Www free1040taxreturn com No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 2) I am going abroad this year and expect to qualify for the foreign earned income exclusion. Www free1040taxreturn com How can I secure an extension of time to file my return, when should I file my return, and what forms are required? a) You should file Form 2350 by the due date of your return to request an extension of time to file. Www free1040taxreturn com Form 2350 is a special form for those U. Www free1040taxreturn com S. Www free1040taxreturn com citizens or residents abroad who expect to qualify for the foreign earned income exclusion or the housing exclusion or deduction under either the bona fide residence test or physical presence test and would like to have an extension of time to delay filing until after they have qualified. Www free1040taxreturn com b) If the extension is granted, you should file your return after you qualify, but by the approved extension date. Www free1040taxreturn com c) You must file your Form 1040 with Form 2555 (or Form 2555-EZ). Www free1040taxreturn com Generally, yes. Www free1040taxreturn com Every U. Www free1040taxreturn com S. Www free1040taxreturn com citizen or resident who receives income must file a U. Www free1040taxreturn com S. Www free1040taxreturn com income tax return unless total income without regard to the foreign earned income exclusion is below an amount based on filing status. Www free1040taxreturn com The income levels for filing purposes are discussed under Filing Requirements in chapter 1. Www free1040taxreturn com If your regular filing date has passed, you should file a return, Form 1040, as soon as possible for last year. Www free1040taxreturn com Include a statement with this return noting that you have returned to the United States and will not qualify for the foreign earned income exclusion. Www free1040taxreturn com You must report your worldwide income on the return. Www free1040taxreturn com If you paid a foreign tax on the income earned abroad, you may be able to either deduct this tax as an itemized deduction or claim it as a credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com income tax. Www free1040taxreturn com However, if you pay the tax due after the regular due date, interest will be charged from the regular due date until the date the tax is paid. Www free1040taxreturn com Yes. Www free1040taxreturn com All U. Www free1040taxreturn com S. Www free1040taxreturn com citizens and resident aliens are subject to U. Www free1040taxreturn com S. Www free1040taxreturn com tax on their worldwide income. Www free1040taxreturn com If you paid taxes to a foreign government on income from sources outside the United States, you may be able to claim a foreign tax credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com income tax liability for the foreign taxes paid. Www free1040taxreturn com Form 1116 is used to figure the allowable credit. Www free1040taxreturn com Your U. Www free1040taxreturn com S. Www free1040taxreturn com tax obligation on your income is the same as that of a retired person living in the United States. Www free1040taxreturn com (See the discussion on filing requirements in chapter 1 of this publication. Www free1040taxreturn com ) U. Www free1040taxreturn com S. Www free1040taxreturn com taxpayers overseas have the same requirements for paying estimated tax as those in the United States. Www free1040taxreturn com See the discussion under Estimated Tax in chapter 1. Www free1040taxreturn com Overseas taxpayers should not include in their estimated income any income they receive that is, or will be, exempt from U. Www free1040taxreturn com S. Www free1040taxreturn com taxation. Www free1040taxreturn com Overseas taxpayers can deduct their estimated housing deduction in figuring their estimated tax. Www free1040taxreturn com The first installment of estimated tax is due on April 15 of the year for which the income is earned. Www free1040taxreturn com Generally, only U. Www free1040taxreturn com S. Www free1040taxreturn com currency is acceptable for payment of income tax. Www free1040taxreturn com However, if you are a Fulbright grantee, see Fulbright Grant in chapter 1. Www free1040taxreturn com Yes. Www free1040taxreturn com A Form 2555 (or Form 2555-EZ) must be filed with each Form 1040 tax return on which the benefits of income earned abroad are claimed. Www free1040taxreturn com No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 3) My entire income qualifies for the foreign earned income exclusion. Www free1040taxreturn com Must I file a tax return? Generally, yes. Www free1040taxreturn com Every U. Www free1040taxreturn com S. Www free1040taxreturn com citizen or resident who receives income must file a U. Www free1040taxreturn com S. Www free1040taxreturn com income tax return unless total income without regard to the foreign earned income exclusion is below an amount based on filing status. Www free1040taxreturn com The income levels for filing purposes are discussed under Filing Requirements in chapter 1. Www free1040taxreturn com If your regular filing date has passed, you should file a return, Form 1040, as soon as possible for last year. Www free1040taxreturn com Include a statement with this return noting that you have returned to the United States and will not qualify for the foreign earned income exclusion. Www free1040taxreturn com You must report your worldwide income on the return. Www free1040taxreturn com If you paid a foreign tax on the income earned abroad, you may be able to either deduct this tax as an itemized deduction or claim it as a credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com income tax. Www free1040taxreturn com However, if you pay the tax due after the regular due date, interest will be charged from the regular due date until the date the tax is paid. Www free1040taxreturn com Yes. Www free1040taxreturn com All U. Www free1040taxreturn com S. Www free1040taxreturn com citizens and resident aliens are subject to U. Www free1040taxreturn com S. Www free1040taxreturn com tax on their worldwide income. Www free1040taxreturn com If you paid taxes to a foreign government on income from sources outside the United States, you may be able to claim a foreign tax credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com income tax liability for the foreign taxes paid. Www free1040taxreturn com Form 1116 is used to figure the allowable credit. Www free1040taxreturn com Your U. Www free1040taxreturn com S. Www free1040taxreturn com tax obligation on your income is the same as that of a retired person living in the United States. Www free1040taxreturn com (See the discussion on filing requirements in chapter 1 of this publication. Www free1040taxreturn com ) U. Www free1040taxreturn com S. Www free1040taxreturn com taxpayers overseas have the same requirements for paying estimated tax as those in the United States. Www free1040taxreturn com See the discussion under Estimated Tax in chapter 1. Www free1040taxreturn com Overseas taxpayers should not include in their estimated income any income they receive that is, or will be, exempt from U. Www free1040taxreturn com S. Www free1040taxreturn com taxation. Www free1040taxreturn com Overseas taxpayers can deduct their estimated housing deduction in figuring their estimated tax. Www free1040taxreturn com The first installment of estimated tax is due on April 15 of the year for which the income is earned. Www free1040taxreturn com Generally, only U. Www free1040taxreturn com S. Www free1040taxreturn com currency is acceptable for payment of income tax. Www free1040taxreturn com However, if you are a Fulbright grantee, see Fulbright Grant in chapter 1. Www free1040taxreturn com Yes. Www free1040taxreturn com A Form 2555 (or Form 2555-EZ) must be filed with each Form 1040 tax return on which the benefits of income earned abroad are claimed. Www free1040taxreturn com No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 4) I was sent abroad by my company in November of last year. Www free1040taxreturn com I plan to secure an extension of time on Form 2350 to file my tax return for last year because I expect to qualify for the foreign earned income exclusion under the physical presence test. Www free1040taxreturn com However, if my company recalls me to the United States before the end of the qualifying period and I find I will not qualify for the exclusion, how and when should I file my return? If your regular filing date has passed, you should file a return, Form 1040, as soon as possible for last year. Www free1040taxreturn com Include a statement with this return noting that you have returned to the United States and will not qualify for the foreign earned income exclusion. Www free1040taxreturn com You must report your worldwide income on the return. Www free1040taxreturn com If you paid a foreign tax on the income earned abroad, you may be able to either deduct this tax as an itemized deduction or claim it as a credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com income tax. Www free1040taxreturn com However, if you pay the tax due after the regular due date, interest will be charged from the regular due date until the date the tax is paid. Www free1040taxreturn com Yes. Www free1040taxreturn com All U. Www free1040taxreturn com S. Www free1040taxreturn com citizens and resident aliens are subject to U. Www free1040taxreturn com S. Www free1040taxreturn com tax on their worldwide income. Www free1040taxreturn com If you paid taxes to a foreign government on income from sources outside the United States, you may be able to claim a foreign tax credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com income tax liability for the foreign taxes paid. Www free1040taxreturn com Form 1116 is used to figure the allowable credit. Www free1040taxreturn com Your U. Www free1040taxreturn com S. Www free1040taxreturn com tax obligation on your income is the same as that of a retired person living in the United States. Www free1040taxreturn com (See the discussion on filing requirements in chapter 1 of this publication. Www free1040taxreturn com ) U. Www free1040taxreturn com S. Www free1040taxreturn com taxpayers overseas have the same requirements for paying estimated tax as those in the United States. Www free1040taxreturn com See the discussion under Estimated Tax in chapter 1. Www free1040taxreturn com Overseas taxpayers should not include in their estimated income any income they receive that is, or will be, exempt from U. Www free1040taxreturn com S. Www free1040taxreturn com taxation. Www free1040taxreturn com Overseas taxpayers can deduct their estimated housing deduction in figuring their estimated tax. Www free1040taxreturn com The first installment of estimated tax is due on April 15 of the year for which the income is earned. Www free1040taxreturn com Generally, only U. Www free1040taxreturn com S. Www free1040taxreturn com currency is acceptable for payment of income tax. Www free1040taxreturn com However, if you are a Fulbright grantee, see Fulbright Grant in chapter 1. Www free1040taxreturn com Yes. Www free1040taxreturn com A Form 2555 (or Form 2555-EZ) must be filed with each Form 1040 tax return on which the benefits of income earned abroad are claimed. Www free1040taxreturn com No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 5) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen and have no taxable income from the United States, but I have substantial income from a foreign source. Www free1040taxreturn com Am I required to file a U. Www free1040taxreturn com S. Www free1040taxreturn com income tax return? Yes. Www free1040taxreturn com All U. Www free1040taxreturn com S. Www free1040taxreturn com citizens and resident aliens are subject to U. Www free1040taxreturn com S. Www free1040taxreturn com tax on their worldwide income. Www free1040taxreturn com If you paid taxes to a foreign government on income from sources outside the United States, you may be able to claim a foreign tax credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com income tax liability for the foreign taxes paid. Www free1040taxreturn com Form 1116 is used to figure the allowable credit. Www free1040taxreturn com Your U. Www free1040taxreturn com S. Www free1040taxreturn com tax obligation on your income is the same as that of a retired person living in the United States. Www free1040taxreturn com (See the discussion on filing requirements in chapter 1 of this publication. Www free1040taxreturn com ) U. Www free1040taxreturn com S. Www free1040taxreturn com taxpayers overseas have the same requirements for paying estimated tax as those in the United States. Www free1040taxreturn com See the discussion under Estimated Tax in chapter 1. Www free1040taxreturn com Overseas taxpayers should not include in their estimated income any income they receive that is, or will be, exempt from U. Www free1040taxreturn com S. Www free1040taxreturn com taxation. Www free1040taxreturn com Overseas taxpayers can deduct their estimated housing deduction in figuring their estimated tax. Www free1040taxreturn com The first installment of estimated tax is due on April 15 of the year for which the income is earned. Www free1040taxreturn com Generally, only U. Www free1040taxreturn com S. Www free1040taxreturn com currency is acceptable for payment of income tax. Www free1040taxreturn com However, if you are a Fulbright grantee, see Fulbright Grant in chapter 1. Www free1040taxreturn com Yes. Www free1040taxreturn com A Form 2555 (or Form 2555-EZ) must be filed with each Form 1040 tax return on which the benefits of income earned abroad are claimed. Www free1040taxreturn com No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 6) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen who has retired, and I expect to remain in a foreign country. Www free1040taxreturn com Do I have any further U. Www free1040taxreturn com S. Www free1040taxreturn com tax obligations? Your U. Www free1040taxreturn com S. Www free1040taxreturn com tax obligation on your income is the same as that of a retired person living in the United States. Www free1040taxreturn com (See the discussion on filing requirements in chapter 1 of this publication. Www free1040taxreturn com ) U. Www free1040taxreturn com S. Www free1040taxreturn com taxpayers overseas have the same requirements for paying estimated tax as those in the United States. Www free1040taxreturn com See the discussion under Estimated Tax in chapter 1. Www free1040taxreturn com Overseas taxpayers should not include in their estimated income any income they receive that is, or will be, exempt from U. Www free1040taxreturn com S. Www free1040taxreturn com taxation. Www free1040taxreturn com Overseas taxpayers can deduct their estimated housing deduction in figuring their estimated tax. Www free1040taxreturn com The first installment of estimated tax is due on April 15 of the year for which the income is earned. Www free1040taxreturn com Generally, only U. Www free1040taxreturn com S. Www free1040taxreturn com currency is acceptable for payment of income tax. Www free1040taxreturn com However, if you are a Fulbright grantee, see Fulbright Grant in chapter 1. Www free1040taxreturn com Yes. Www free1040taxreturn com A Form 2555 (or Form 2555-EZ) must be filed with each Form 1040 tax return on which the benefits of income earned abroad are claimed. Www free1040taxreturn com No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 7) I have been a bona fide resident of a foreign country for over 5 years. Www free1040taxreturn com Is it necessary for me to pay estimated tax? U. Www free1040taxreturn com S. Www free1040taxreturn com taxpayers overseas have the same requirements for paying estimated tax as those in the United States. Www free1040taxreturn com See the discussion under Estimated Tax in chapter 1. Www free1040taxreturn com Overseas taxpayers should not include in their estimated income any income they receive that is, or will be, exempt from U. Www free1040taxreturn com S. Www free1040taxreturn com taxation. Www free1040taxreturn com Overseas taxpayers can deduct their estimated housing deduction in figuring their estimated tax. Www free1040taxreturn com The first installment of estimated tax is due on April 15 of the year for which the income is earned. Www free1040taxreturn com Generally, only U. Www free1040taxreturn com S. Www free1040taxreturn com currency is acceptable for payment of income tax. Www free1040taxreturn com However, if you are a Fulbright grantee, see Fulbright Grant in chapter 1. Www free1040taxreturn com Yes. Www free1040taxreturn com A Form 2555 (or Form 2555-EZ) must be filed with each Form 1040 tax return on which the benefits of income earned abroad are claimed. Www free1040taxreturn com No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 8) Will a check payable in foreign currency be acceptable in payment of my U. Www free1040taxreturn com S. Www free1040taxreturn com tax? Generally, only U. Www free1040taxreturn com S. Www free1040taxreturn com currency is acceptable for payment of income tax. Www free1040taxreturn com However, if you are a Fulbright grantee, see Fulbright Grant in chapter 1. Www free1040taxreturn com Yes. Www free1040taxreturn com A Form 2555 (or Form 2555-EZ) must be filed with each Form 1040 tax return on which the benefits of income earned abroad are claimed. Www free1040taxreturn com No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 9) I have met the test for physical presence in a foreign country and am filing returns for 2 years. Www free1040taxreturn com Must I file a separate Form 2555 (or Form 2555-EZ) with each return? Yes. Www free1040taxreturn com A Form 2555 (or Form 2555-EZ) must be filed with each Form 1040 tax return on which the benefits of income earned abroad are claimed. Www free1040taxreturn com No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 10) Does a Form 2555 (or 2555-EZ) with a Schedule C or Form W-2 attached constitute a return? No. Www free1040taxreturn com The Form 2555 (or 2555-EZ), Schedule C, and Form W-2 are merely attachments and do not relieve you of the requirement to file a Form 1040 to show the sources of income reported and the exclusions or deductions claimed. Www free1040taxreturn com Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 11) On Form 2350, Application for Extension of Time To File U. Www free1040taxreturn com S. Www free1040taxreturn com Income Tax Return, I stated that I would qualify for the foreign earned income exclusion under the physical presence test. Www free1040taxreturn com If I qualify under the bona fide residence test, can I file my return on that basis? Yes. Www free1040taxreturn com You can claim the foreign earned income exclusion and the foreign housing exclusion or deduction under either test as long as you meet the requirements. Www free1040taxreturn com You are not bound by the test indicated in the application for extension of time. Www free1040taxreturn com You must be sure, however, that you file the Form 1040 by the date approved on Form 2350, since a return filed after that date may be subject to a failure to file penalty. Www free1040taxreturn com If you will not qualify under the bona fide residence test until a date later than the extension granted under the physical presence rule, apply for a new extension to a date 30 days beyond the date you expect to qualify as a bona fide resident. Www free1040taxreturn com No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 12) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen who worked in the United States for 6 months last year. Www free1040taxreturn com I accepted employment overseas in July of last year and expect to qualify for the foreign earned income exclusion. Www free1040taxreturn com Should I file a return and pay tax on the income earned in the United States during the first 6 months and then, when I qualify, file another return covering the last 6 months of the year? No. Www free1040taxreturn com You have the choice of one of the following two methods of filing your return: a) You can file your return when due under the regular filing rules, report all your income without excluding your foreign earned income, and pay the tax due. Www free1040taxreturn com After you have qualified for the exclusion, you can file an amended return, Form 1040X, accompanied by Form 2555 (or 2555-EZ), for a refund of any excess tax paid. Www free1040taxreturn com b) You can postpone the filing of your tax return by applying on Form 2350 for an extension of time to file to a date 30 days beyond the date you expect to qualify under either the bona fide residence test or the physical presence test, then file your return reflecting the exclusion of foreign earned income. Www free1040taxreturn com This allows you to file only once and saves you from paying the tax and waiting for a refund. Www free1040taxreturn com However, interest is charged on any tax due on the postponed tax return, but interest is not paid on refunds paid within 45 days after the return is filed. Www free1040taxreturn com If you have moving expenses that are for services performed in two years, you can be granted an extension until after the end of the second year. Www free1040taxreturn com File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 13) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen. Www free1040taxreturn com I have lived abroad for a number of years and recently realized that I should have been filing U. Www free1040taxreturn com S. Www free1040taxreturn com income tax returns. Www free1040taxreturn com How do I correct this oversight in not having filed returns for these years? File the late returns as soon as possible, stating your reason for filing late. Www free1040taxreturn com For advice on filing the returns, you should contact an  Internal Revenue Service representative in one of the four overseas offices listed in chapter 7. Www free1040taxreturn com It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com . Www free1040taxreturn com 14) In 2008, I qualified to exclude my foreign earned income, but I did not claim this exclusion on the return I filed in 2009. Www free1040taxreturn com I paid all outstanding taxes with the return. Www free1040taxreturn com Can I file a claim for refund now? It is too late to claim this refund since a claim for refund must be filed within 3 years from the date the return was filed or 2 years from the date the tax was paid, whichever is later. Www free1040taxreturn com A return filed before the due date is considered filed on the due date. Www free1040taxreturn com 2. Www free1040taxreturn com Meeting the Requirements of Either the Bona Fide Residence Test or the Physical Presence Test . Www free1040taxreturn com 1) I recently came to Country X to work for the Orange Tractor Co. Www free1040taxreturn com and I expect to be here for 5 or 6 years. Www free1040taxreturn com I understand that upon the completion of 1 full year I will qualify for an exclusion or deduction under the bona fide residence test. Www free1040taxreturn com Is this correct? . Www free1040taxreturn com 2) I understand the physical presence test to be simply a matter of being physically present in a foreign country for at least 330 days within 12 consecutive months; but what are the criteria of the bona fide residence test? . Www free1040taxreturn com 3) To meet the qualification of an uninterrupted period which includes an entire taxable year, do I have to be physically present in a foreign country for the entire year? . Www free1040taxreturn com 4) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen and during 2012 was a bona fide resident of Country X. Www free1040taxreturn com On January 15, 2013, I was notified that I was to be assigned to Country Y. Www free1040taxreturn com I was recalled to New York for 90 days orientation and then went to Country Y, where I have been since. Www free1040taxreturn com Although I was not in Country Y on January 1, I was a bona fide resident of Country X and was in Country Y on December 31, 2013. Www free1040taxreturn com My family remained in Country X until completion of the orientation period, and my household goods were shipped directly to my new post. Www free1040taxreturn com Am I a bona fide resident of a foreign country for 2013, or must I wait for the entire year of 2014 to become one? . Www free1040taxreturn com 5) Due to illness, I returned to the United States before I completed my qualifying period to claim the foreign earned income exclusion. Www free1040taxreturn com Can I figure the exclusion for the period I resided abroad? . Www free1040taxreturn com 6) Can a resident alien of the United States qualify for an exclusion or deduction under the bona fide residence test or the physical presence test? . Www free1040taxreturn com 7) On August 13 of last year I left the United States and arrived in Country Z to work for the Gordon Manufacturing Company. Www free1040taxreturn com I expected to be able to exclude my foreign earned income under the physical presence test because I planned to be in Country Z for at least 1 year. Www free1040taxreturn com However, I was reassigned back to the United States and left Country Z on July 1 of this year. Www free1040taxreturn com Can I exclude any of my foreign earned income? . Www free1040taxreturn com 1) I recently came to Country X to work for the Orange Tractor Co. Www free1040taxreturn com and I expect to be here for 5 or 6 years. Www free1040taxreturn com I understand that upon the completion of 1 full year I will qualify for an exclusion or deduction under the bona fide residence test. Www free1040taxreturn com Is this correct? Not necessarily. Www free1040taxreturn com The law provides that to qualify under this test for the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction, a person must be a “bona fide resident of a foreign country or countries for an uninterrupted period which includes an entire taxable year. Www free1040taxreturn com ” If, like most U. Www free1040taxreturn com S. Www free1040taxreturn com citizens, you file your return on a calendar year basis, the taxable year referred to in the law would be from January 1 to December 31 of any particular year. Www free1040taxreturn com Unless you established residence in Country X on January 1, it would be more than 1 year before you would be a bona fide resident of a foreign country. Www free1040taxreturn com Once you have completed your qualifying period, however, you are entitled to exclude the income or to claim the housing exclusion or deduction from the date you established bona fide residence. Www free1040taxreturn com To be a bona fide resident of a foreign country, you must show that you entered a foreign country intending to remain there for an indefinite or prolonged period and, to that end, you are making your home in that country. Www free1040taxreturn com Consideration is given to the type of quarters occupied, whether your family went with you, the type of visa, the employment agreement, and any other factor pertinent to show whether your stay in the foreign country is indefinite or prolonged. Www free1040taxreturn com To claim the foreign earned income exclusion or foreign housing exclusion or deduction under this test, the period of foreign residence must include 1 full tax year (usually January 1 – December 31), but once you meet this time requirement, you figure the exclusions and the deduction from the date the residence actually began. Www free1040taxreturn com No. Www free1040taxreturn com Uninterrupted refers to the bona fide residence proper and not to the physical presence of the individual. Www free1040taxreturn com During the period of bona fide residence in a foreign country, even during the first full year, you can leave the country for brief and temporary trips back to the United States or elsewhere for vacation, or even for business. Www free1040taxreturn com To preserve your status as a bona fide resident of a foreign country, you must have a clear intention of returning from those trips, without unreasonable delay, to your foreign residence. Www free1040taxreturn com Since you did not break your period of foreign residence, you would continue to be a bona fide resident of a foreign country for 2013. Www free1040taxreturn com No. Www free1040taxreturn com You are not entitled to any exclusion of foreign earned income since you did not complete your qualifying period under either the bona fide residence test or physical presence test. Www free1040taxreturn com If you paid foreign tax on the income earned abroad, you may be able to claim that tax as a deduction or as a credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com tax. Www free1040taxreturn com Resident aliens of the United States can qualify for the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction if they meet the requirements of the physical presence test. Www free1040taxreturn com Resident aliens who are citizens or nationals of a country with which the United States has an income tax treaty in effect also can qualify under the bona fide residence test. Www free1040taxreturn com No. Www free1040taxreturn com You cannot exclude any of the income you earned in Country Z because you were not in a foreign country for at least 330 full days as required under the physical presence test. Www free1040taxreturn com . Www free1040taxreturn com 2) I understand the physical presence test to be simply a matter of being physically present in a foreign country for at least 330 days within 12 consecutive months; but what are the criteria of the bona fide residence test? To be a bona fide resident of a foreign country, you must show that you entered a foreign country intending to remain there for an indefinite or prolonged period and, to that end, you are making your home in that country. Www free1040taxreturn com Consideration is given to the type of quarters occupied, whether your family went with you, the type of visa, the employment agreement, and any other factor pertinent to show whether your stay in the foreign country is indefinite or prolonged. Www free1040taxreturn com To claim the foreign earned income exclusion or foreign housing exclusion or deduction under this test, the period of foreign residence must include 1 full tax year (usually January 1 – December 31), but once you meet this time requirement, you figure the exclusions and the deduction from the date the residence actually began. Www free1040taxreturn com No. Www free1040taxreturn com Uninterrupted refers to the bona fide residence proper and not to the physical presence of the individual. Www free1040taxreturn com During the period of bona fide residence in a foreign country, even during the first full year, you can leave the country for brief and temporary trips back to the United States or elsewhere for vacation, or even for business. Www free1040taxreturn com To preserve your status as a bona fide resident of a foreign country, you must have a clear intention of returning from those trips, without unreasonable delay, to your foreign residence. Www free1040taxreturn com Since you did not break your period of foreign residence, you would continue to be a bona fide resident of a foreign country for 2013. Www free1040taxreturn com No. Www free1040taxreturn com You are not entitled to any exclusion of foreign earned income since you did not complete your qualifying period under either the bona fide residence test or physical presence test. Www free1040taxreturn com If you paid foreign tax on the income earned abroad, you may be able to claim that tax as a deduction or as a credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com tax. Www free1040taxreturn com Resident aliens of the United States can qualify for the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction if they meet the requirements of the physical presence test. Www free1040taxreturn com Resident aliens who are citizens or nationals of a country with which the United States has an income tax treaty in effect also can qualify under the bona fide residence test. Www free1040taxreturn com No. Www free1040taxreturn com You cannot exclude any of the income you earned in Country Z because you were not in a foreign country for at least 330 full days as required under the physical presence test. Www free1040taxreturn com . Www free1040taxreturn com 3) To meet the qualification of “an uninterrupted period which includes an entire taxable year,” do I have to be physically present in a foreign country for the entire year? No. Www free1040taxreturn com Uninterrupted refers to the bona fide residence proper and not to the physical presence of the individual. Www free1040taxreturn com During the period of bona fide residence in a foreign country, even during the first full year, you can leave the country for brief and temporary trips back to the United States or elsewhere for vacation, or even for business. Www free1040taxreturn com To preserve your status as a bona fide resident of a foreign country, you must have a clear intention of returning from those trips, without unreasonable delay, to your foreign residence. Www free1040taxreturn com Since you did not break your period of foreign residence, you would continue to be a bona fide resident of a foreign country for 2013. Www free1040taxreturn com No. Www free1040taxreturn com You are not entitled to any exclusion of foreign earned income since you did not complete your qualifying period under either the bona fide residence test or physical presence test. Www free1040taxreturn com If you paid foreign tax on the income earned abroad, you may be able to claim that tax as a deduction or as a credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com tax. Www free1040taxreturn com Resident aliens of the United States can qualify for the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction if they meet the requirements of the physical presence test. Www free1040taxreturn com Resident aliens who are citizens or nationals of a country with which the United States has an income tax treaty in effect also can qualify under the bona fide residence test. Www free1040taxreturn com No. Www free1040taxreturn com You cannot exclude any of the income you earned in Country Z because you were not in a foreign country for at least 330 full days as required under the physical presence test. Www free1040taxreturn com . Www free1040taxreturn com 4) I am a U. Www free1040taxreturn com S. Www free1040taxreturn com citizen and during 2012 was a bona fide resident of Country X. Www free1040taxreturn com On January 15, 2013, I was notified that I was to be assigned to Country Y. Www free1040taxreturn com I was recalled to New York for 90 days orientation and then went to Country Y, where I have been since. Www free1040taxreturn com Although I was not in Country Y on January 1, I was a bona fide resident of Country X and was in Country Y on December 31, 2013. Www free1040taxreturn com My family remained in Country X until completion of the orientation period, and my household goods were shipped directly to my new post. Www free1040taxreturn com Am I a bona fide resident of a foreign country for 2013, or must I wait for the entire year of 2014 to become one? Since you did not break your period of foreign residence, you would continue to be a bona fide resident of a foreign country for 2013. Www free1040taxreturn com No. Www free1040taxreturn com You are not entitled to any exclusion of foreign earned income since you did not complete your qualifying period under either the bona fide residence test or physical presence test. Www free1040taxreturn com If you paid foreign tax on the income earned abroad, you may be able to claim that tax as a deduction or as a credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com tax. Www free1040taxreturn com Resident aliens of the United States can qualify for the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction if they meet the requirements of the physical presence test. Www free1040taxreturn com Resident aliens who are citizens or nationals of a country with which the United States has an income tax treaty in effect also can qualify under the bona fide residence test. Www free1040taxreturn com No. Www free1040taxreturn com You cannot exclude any of the income you earned in Country Z because you were not in a foreign country for at least 330 full days as required under the physical presence test. Www free1040taxreturn com . Www free1040taxreturn com 5) Due to illness, I returned to the United States before I completed my qualifying period to claim the foreign earned income exclusion. Www free1040taxreturn com Can I figure the exclusion for the period I resided abroad? No. Www free1040taxreturn com You are not entitled to any exclusion of foreign earned income since you did not complete your qualifying period under either the bona fide residence test or physical presence test. Www free1040taxreturn com If you paid foreign tax on the income earned abroad, you may be able to claim that tax as a deduction or as a credit against your U. Www free1040taxreturn com S. Www free1040taxreturn com tax. Www free1040taxreturn com Resident aliens of the United States can qualify for the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction if they meet the requirements of the physical presence test. Www free1040taxreturn com Resident aliens who are citizens or nationals of a country with which the United States has an income tax treaty in effect also can qualify under the bona fide residence test. Www free1040taxreturn com No. Www free1040taxreturn com You cannot exclude any of the income you earned in Country Z because you were not in a foreign country for at least 330 full days as required under the physical presence test. Www free1040taxreturn com . Www free1040taxreturn com 6) Can a resident alien of the United States qualify for an exclusion or deduction under the bona fide residence test or the physical presence test? Resident aliens of the United States can qualify for the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction if they meet the requirements of the physical presence test. Www free1040taxreturn com Resident aliens who are citizens or nationals of a country with which the United States has an income tax treaty in effect also can qualify under the bona fide residence test. Www free1040taxreturn com No. Www free1040taxreturn com You cannot exclude any of the income you earned in Country Z because you were not in a foreign country for at least 330 full days as required under the physical presence test. Www free1040taxreturn com . Www free1040taxreturn com 7) On August 13 of last year I left the United States and arrived in Country Z to work for the Gordon Manufacturing Company. Www free1040taxreturn com I expected to be able to exclude my foreign earned income under the physical presence test because I planned to be in Country Z for at least 1 year. Www free1040taxreturn com However, I was reassigned back to the United States and left Country Z on July 1 of this year. Www free1040taxreturn com Can I exclude any of my foreign earned income? No. Www free1040taxreturn com You cannot exclude any of the income you earned in Country Z because you were not in a foreign country for at least 330 full days as required under the physical presence test. Www free1040taxreturn com 3. Www free1040taxreturn com Foreign Earned Income . Www free1040taxreturn com 1) I am an employee of the U. Www free1040taxreturn com S. Www free1040taxreturn com Government working abroad. Www free1040taxreturn com Can all or part of my government income earned abroad qualify for the foreign earned income exclusion? . Www free1040taxreturn com 2) I qualify for the foreign earned income exclusion under the bona fide residence test. Www free1040taxreturn com Does my foreign earned income include my U. Www free1040taxreturn com S. Www free1040taxreturn com dividends and the interest I receive on a foreign bank account? . Www free1040taxreturn com 3) My company pays my foreign income tax on my foreign earnings. Www free1040taxreturn com Is this taxable compensation? . Www free1040taxreturn com 4) I live in an apartment in a foreign city for which my employer pays the rent. Www free1040taxreturn com Should I include in my income the cost to my employer ($1,200 a month) or the fair market value of equivalent housing in the United States ($800 a month)? . Www free1040taxreturn com 5) My U. Www free1040taxreturn com S. Www free1040taxreturn com employer pays my salary into my U. Www free1040taxreturn com S. Www free1040taxreturn com bank account. Www free1040taxreturn com Is this income considered earned in the United States or is it considered foreign earned income? . Www free1040taxreturn com 6) What is considered a foreign country? . Www free1040taxreturn com 7) What is the source of earned income? . Www free1040taxreturn com 1) I am an employee of the U. Www free1040taxreturn com S. Www free1040taxreturn com Government working abroad. Www free1040taxreturn com Can all or part of my government income earned abroad qualify for the foreign earned income exclusion? No. Www free1040taxreturn com The foreign earned income exclusion applies to your foreign earned income. Www free1040taxreturn com Amounts paid by the United States or its agencies to their employees are not treated, for this purpose, as foreign earned income. Www free1040taxreturn com No. Www free1040taxreturn com The only income that is foreign earned income is income from the performance of personal services abroad. Www free1040taxreturn com Investment income is not earned income. Www free1040taxreturn com However, you must include it in gross income reported on your Form 1040. Www free1040taxreturn com Yes. Www free1040taxreturn com The amount is compensation for services performed. Www free1040taxreturn com The tax paid by your company should be reported on Form 1040, line 7, and on Form 2555, Part IV, line 22(f) (or on Form 2555-EZ, Part IV, line 17). Www free1040taxreturn com You must include in income the fair market value (FMV) of the facility provided, where it is provided. Www free1040taxreturn com This will usually be the rent your employer pays. Www free1040taxreturn com Situations when the FMV is not included in income are discussed in chapter 4 under Exclusion of Meals and Lodging. Www free1040taxreturn com If you performed the services to earn this salary outside the United States, your salary is considered earned abroad. Www free1040taxreturn com It does not matter that you are paid by a U. Www free1040taxreturn com S. Www free1040taxreturn com employer or that your salary is deposited in a U. Www free1040taxreturn com S. Www free1040taxreturn com bank account in the United States. Www free1040taxreturn com The source of salary, wages, commissions, and other personal service income is the place where you perform the services. Www free1040taxreturn com For the purposes of the foreign earned income exclusion and the foreign housing exclusion or deduction, any territory under the sovereignty of a countr
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Tax Relief for Victims of Aug. 30 Wildfires in Texas

IRS e-File to Remain Open through Oct. 31 for Victims of Texas Wildfires

Updated 10/11/11 to include Navarro county.
Updated 9/29/11 to include Anderson, Caldwell, Fayette, Henderson, Hill and Rusk counties.
Updated 9/27/11 to include Harrison, Smith and Upshur counties.
Updated 9/20/11 to include Cass and Marion counties.
Updated 9/19/11 to include Gregg, Grimes, Montgomery, Walker and Waller counties.
Updated 9/15/11 to include Colorado, Houston, Leon, Travis and Williamson counties.

TX-2011-64, Sept. 12, 2011

HOUSTON — Victims of wildfires that began on Aug. 30, 2011 in parts of Texas may qualify for tax relief from the Internal Revenue Service.

The President has declared the following counties a federal disaster area: Anderson, Bastrop, Caldwell, Cass, Colorado, Fayette, Gregg, Grimes, Harrison, Henderson, Hill, Houston, Leon, Marion, Montgomery, Navarro, Rusk, Smith, Travis, Upshur, Walker, Waller and Williamson. Individuals who reside or have a business in these counties may qualify for tax relief.

The declaration permits the IRS to postpone certain deadlines for taxpayers who reside or have a business in the disaster area. For instance, certain deadlines falling on or after Aug. 30 and on or before Oct. 31 have been postponed to Oct. 31. This includes corporations and other businesses that previously obtained an extension until Sept. 15 to file their 2010 returns, and individuals and businesses that received a similar extension until Oct. 17. It also includes the estimated tax payment for the third quarter, normally due Sept. 15.

In addition, the IRS is waiving the failure-to-deposit penalties for employment and excise tax deposits due on or after Aug. 30 and on or before Sept. 14, 2011, as long as the deposits were made by Sept. 14, 2011.

If an affected taxpayer receives a penalty notice from the IRS, the taxpayer should call the telephone number on the notice to have the IRS abate any interest and any late filing or late payment penalties that would otherwise apply. Penalties or interest will be abated only for taxpayers who have an original or extended filing, payment or deposit due date, including an extended filing or payment due date, that falls within the postponement period.

The IRS automatically identifies taxpayers located in the covered disaster area and applies automatic filing and payment relief. But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 1-866-562-5227 to request this tax relief.

Covered Disaster Area

The counties listed above constitute a covered disaster area for purposes of Treas. Reg. § 301.7508A-1(d)(2) and are entitled to the relief detailed below.

Affected Taxpayers

Taxpayers considered to be affected taxpayers eligible for the postponement of time to file returns, pay taxes and perform other time-sensitive acts are those taxpayers listed in Treas. Reg. § 301.7508A-1(d)(1), and include individuals who live, and businesses whose principal place of business is located, in the covered disaster area. Taxpayers not in the covered disaster area, but whose records necessary to meet a deadline listed in Treas. Reg. § 301.7508A-1(c) are in the covered disaster area, are also entitled to relief. In addition, all relief workers affiliated with a recognized government or philanthropic organization assisting in the relief activities in the covered disaster area and any individual visiting the covered disaster area who was killed or injured as a result of the disaster are entitled to relief.

Grant of Relief

Under section 7508A, the IRS gives affected taxpayers until Oct. 31 to file most tax returns (including individual, corporate, and estate and trust income tax returns; partnership returns, S corporation returns, and trust returns; estate, gift, and generation-skipping transfer tax returns; and employment and certain excise tax returns), or to make tax payments, including estimated tax payments, that have either an original or extended due date occurring on or after Aug. 30 and on or before Oct. 31.

The IRS also gives affected taxpayers until Oct. 31 to perform other time-sensitive actions described in Treas. Reg. § 301.7508A-1(c)(1) and Rev. Proc. 2007-56, 2007-34 I.R.B. 388 (Aug. 20, 2007), that are due to be performed on or after Aug. 30 and on or before Oct. 31.

This relief also includes the filing of Form 5500 series returns, in the manner described in section 8 of Rev. Proc. 2007-56. The relief described in section 17 of Rev. Proc. 2007-56, pertaining to like-kind exchanges of property, also applies to certain taxpayers who are not otherwise affected taxpayers and may include acts required to be performed before or after the period above.

The postponement of time to file and pay does not apply to information returns in the W-2, 1098, 1099 series, or to Forms 1042-S or 8027. Penalties for failure to timely file information returns can be waived under existing procedures for reasonable cause. Likewise, the postponement does not apply to employment and excise tax deposits. The IRS, however, will abate penalties for failure to make timely employment and excise tax deposits due on or after Aug. 30 and on or before Sept. 14 provided the taxpayer made these deposits by Sept. 14.

Casualty Losses

Affected taxpayers in a federally declared disaster area have the option of claiming disaster-related casualty losses on their federal income tax return for either this year or last year. Claiming the loss on an original or amended return for last year will get the taxpayer an earlier refund, but waiting to claim the loss on this year’s return could result in a greater tax saving, depending on other income factors.

Individuals may deduct personal property losses that are not covered by insurance or other reimbursements. For details, see Form 4684 and its instructions.

Affected taxpayers claiming the disaster loss on last year’s return should put the Disaster Designation “Texas/Wildfires” at the top of the form so that the IRS can expedite the processing of the refund.

Other Relief

The IRS will waive the usual fees and expedite requests for copies of previously filed tax returns for affected taxpayers. Taxpayers should put the assigned Disaster Designation in red ink at the top of Form 4506, Request for Copy of Tax Return, or Form 4506-T, Request for Transcript of Tax Return, as appropriate, and submit it to the IRS.

Affected taxpayers who are contacted by the IRS on a collection or examination matter should explain how the disaster impacts them so that the IRS can provide appropriate consideration to their case.

Taxpayers may download forms and publications from the official IRS website, irs.gov, or order them by calling 1-800-TAX-FORM (1-800-829-3676). The IRS toll-free number for general tax questions is 1-800-829-1040.

Related Information

Page Last Reviewed or Updated: 24-Mar-2014

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Www free1040taxreturn com Publication 15-B - Introductory Material Table of Contents Future Developments What's New Reminders Introduction Future Developments For the latest information about developments related to Publication 15-B, such as legislation enacted after it was published, go to www. Www free1040taxreturn com irs. Www free1040taxreturn com gov/pub15b. Www free1040taxreturn com What's New Cents-per-mile rule. Www free1040taxreturn com  The business mileage rate for 2014 is 56 cents per mile. Www free1040taxreturn com You may use this rate to reimburse an employee for business use of a personal vehicle, and under certain conditions, you may use the rate under the cents-per-mile rule to value the personal use of a vehicle you provide to an employee. Www free1040taxreturn com See Cents-Per-Mile Rule in section 3. Www free1040taxreturn com Qualified parking exclusion and commuter transportation benefit. Www free1040taxreturn com . 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Www free1040taxreturn com html, discusses recent changes to the “use-or-lose” rule for health flexible spending arrangements (FSAs) and clarifies the transitional rule for 2013-2014 non-calendar year salary reduction elections. Www free1040taxreturn com See Notice 2013-71 for details on these changes. Www free1040taxreturn com Reminders $2,500 limit on a health flexible spending arrangement (FSA). Www free1040taxreturn com  For plan years beginning after December 31, 2012, a cafeteria plan may not allow an employee to request salary reduction contributions for a health FSA in excess of $2,500. Www free1040taxreturn com For plan years beginning after December 31, 2013, the limit is unchanged at $2,500. Www free1040taxreturn com For more information, see Cafeteria Plans in section 1. Www free1040taxreturn com Additional Medicare Tax withholding. Www free1040taxreturn com  In addition to withholding Medicare tax at 1. Www free1040taxreturn com 45%, you must withhold a 0. Www free1040taxreturn com 9% Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. Www free1040taxreturn com You are required to begin withholding Additional Medicare Tax in the pay period in which you pay wages in excess of $200,000 to an employee and continue to withhold it each pay period until the end of the calendar year. Www free1040taxreturn com Additional Medicare Tax is only imposed on the employee. Www free1040taxreturn com There is no employer share of Additional Medicare Tax. Www free1040taxreturn com All wages that are subject to Medicare tax are subject to Additional Medicare Tax withholding if paid in excess of the $200,000 withholding threshold. Www free1040taxreturn com Unless otherwise noted, references to Medicare tax include Additional Medicare Tax. Www free1040taxreturn com For more information on what wages are subject to Medicare tax, see Table 2-1, later, and the chart, Special Rules for Various Types of Services and Payments, in section 15 of Publication 15, (Circular E), Employer's Tax Guide. Www free1040taxreturn com For more information on Additional Medicare Tax, visit IRS. Www free1040taxreturn com gov and enter “Additional Medicare Tax” in the search box. Www free1040taxreturn com Photographs of missing children. Www free1040taxreturn com  The IRS is a proud partner with the National Center for Missing and Exploited Children. Www free1040taxreturn com Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. Www free1040taxreturn com You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. Www free1040taxreturn com Introduction This publication supplements Publication 15 (Circular E), Employer's Tax Guide, and Publication 15-A, Employer's Supplemental Tax Guide. Www free1040taxreturn com It contains information for employers on the employment tax treatment of fringe benefits. Www free1040taxreturn com Comments and suggestions. Www free1040taxreturn com   We welcome your comments about this publication and your suggestions for future editions. Www free1040taxreturn com   You can write to us at the following address:  Internal Revenue Service Tax Forms and Publications Division 1111 Constitution Ave. Www free1040taxreturn com NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. Www free1040taxreturn com Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. Www free1040taxreturn com   You can also send us comments from www. Www free1040taxreturn com irs. Www free1040taxreturn com gov/formspubs. Www free1040taxreturn com Click on More Information and then click on Comment on Tax Forms and Publications. Www free1040taxreturn com   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. Www free1040taxreturn com Prev  Up  Next   Home   More Online Publications