Extension Of Time For Income Tax For U.S. Citizens And Resident Aliens- Form 2350

So filers, how are you doing? Today, at our blog, we are going to talk about form 2350, the Application for Extension of Time to File U.S. Income Tax Return for U.S. Citizens and Resident Aliens Abroad Who Expect To Qualify for Special Tax Treatment. If you are residing outside U.S, you have to pay your foreign earned income to the nation. Usually, the due date to file income tax is April 15th of every calendar year.

If you are not in the country, you can file form 2350, Extension of Time for Individual Income Tax filers. IRS would provide you with two months 2 months of automatic extension, notifying that, you as a taxpayer have to file your return on or before June 15th of the calendar year.

Do note this extension does not provide you with extra time to pay your dues; it’s to get your paper work done. If you don’t pay on or by the due date, you are liable to pay heavy penalties for the same, irrespective of the reasons you hold to justify.

Who Can File Form 2350 Online?

If you are,

1. A U.S. citizen or resident alien

2. Expect to qualify for the foreign earned income exclusion and/ or the foreign housing exclusion or deduction by meeting either the bonafide residence test or the physical presence test but not until after your tax return is due.

3. Your tax home is in a foreign country (or countries) throughout your period of bonafide residence or physical presence, whichever applies.

You need to apply for form 2350 if all the three mentioned points are applicable.

What Is Out Of The Country Mean?

“Out of the country” means that on the regular due date of your return, either:

(a) You live outside the United States and Puerto Rico and your main place of work is outside the United States and Puerto Rico, or

(b) You are in military or naval service on duty outside the States and Puerto Rico.

If you qualify as being “out of the country,” you will still be eligible for the extension, even if you are physically present in the United States or Puerto Rico on the regular due date of the return. You do not have to file a form to get the 2-month extension because you were out of the country. However, you will have to attach a statement to your tax return explaining how you qualified.

Why should you Efile with ExtensionTax.com?

With the process simple and easy, we call out for our audience to e-file their return online with utmost easiness and simplicity. You don’t have to download any form or worry about the errors on the form. All you need to do is, fill in the application with the required info and pay your dues online. You will receive the acknowledgement receipt in minutes.

With paper filing, you have a list of task to do before you submit your return to IRS and receive your acknowledgement. Nevertheless, with online filing, you don’t have to face any kind of trouble as we have Tax Experts around you to serve you with all you need.

Extensiontax.com is the most authentic and reliable application, a product of ThinkTrade Inc. existing since a decade, we have learnt the requirements and needs of our audience. Our user-friendly application and expertise help will ensure you are on the right track and filing an extension smoothly.

Do you have any suggestion or queries related to our product, you can reach us @ 866-245-3918 or write to us @ support@taxexcise.com for immediate response.