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When
to File and Pay
If
you file on the calendar year basis, the due date
for filing your return is April 15 of the following
year. If April 15 falls on a Sunday, the due
date for your return will be April 16. If you
file on a fiscal year basis (a year ending on
the last day of any month except December), the
due date is 3 months and 15 days after the close
of your fiscal year. In general, the tax shown
on your return should be paid by the due date
of the return, without regard to any extension
of time for filing the return.
A
tax return delivered by the US mail is postmarked
or dated by the delivery service on or before
the due date is considered to have been filed
on or before that date.
Extensions
You
can be granted an extension of time to file your
return. In some circumstances, you can also be
grated an extension of time to file and pay any
tax due.
However,
if you pay the tax due after the regular due date,
interest will be charged from the regular due
date until the date of tax is paid.
Automatic
two-month extension
You
may be allowed an automatic two-month extension
to file your return and pay any federal income
tax that is due. You will be allowed the extension
if you are a U.S. citizen or resident and on the
regular due date of your return you are living
outside of the United States and Puerto Rico and
you remain place of business is outside the United
States.
If
you use a calendar year, the regular due date
of your return is April 15.
Married
taxpayers
If
you file a joint return, either you or your spouse
can qualify for the automatic extension. If you
and your spouse file separate returns, this automatic
extension applies only to the spouse who qualifies.
How
to get the extension
To
use this automatic two-month extension, you must
attach a statement to your return explaining why
you qualify for the extension.
Foreign
Currency
You
must express the amounts you report on your U.S.
tax return in US dollars. If you receive all
or part of your income or pay some or all of your
expenses in foreign currency, you must translate
the foreign currency into US dollars. How you
do this depends on your functional currency.
Your functional currency generally is the US dollar
unless you are required to use the currency of
a foreign country.
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