Internal Revenue Service (U.S. Taxes)

All U.S. Citizens and Legal Permanent Residents must report worldwide income from all sources to the U.S. Internal Revenue Service. Although you may not have to pay any U.S. tax, you must file an annual tax return. Tax assistance is available:

IRS International Customer Service in Philadelphia
Tel: 001-267-941-1000
Tel: 001-267-941-1055

Filing Deadlines

U.S. income tax returns are due on April 15. However, if you reside overseas, your return is due on June 15, because you are given an automatic two-month extension to file. If this is your case, write across the top of your return: Taxpayer Resident Abroad. If you want an extension, overseas filers should submit Form 4868 by June 15th to request an extension to file until October 15th.

However, any tax due must be paid by April 15 to avoid being charged penalties and interest.

Please note that the IRS no longer publishes the Overseas Filing Package. Tax forms can be downloaded from the Internet at the IRS website online, or obtained by calling the IRS at 001-800-829-3676.

Affordable Care Act

Please find important information relating directly to nonresident aliens and U.S. citizens living abroad and the Affordable Care Act through the IRS website.

Exchange Rates

The United States Internal Revenue Service has no official exchange rate and accepts any posted exchange rate that is used consistently.

Exchange rates for previous tax years were as follows:

2020: $1 = 9.413
2019: $1 = 8.802
2018: $1 = 8.143
2017: $1 = 8.606
2016: $1 = 8.745
2015: $1 = 8.392
2014: $1 = 6.558
2013: $1 = 6.117
2012: $1 = 6.056
2011: $1 = 5.847
2010: $1 = 6.20

Reporting Foreign Bank Accounts

As of July 1, 2013, the electronic filing of Form TD F-90-22.1, Report of Foreign Bank and Financial Accounts (FBAR) is mandatory through the BSA E-Filing System. This includes delinquent returns. More information concerning FBAR, FATCA and foreign bank account reporting requirements can be found at the IRS website.

Previous Exchange Rates 2000-2009

Exchange rates for previous tax years were as follows:

2009: $1 = 6.30
2008: $1 = 5.647
2007: $1 = 5.864
2006: $1 = 6.42
2005: $1 = 6.44
2004: $1 = 6.74
2003: $1 = 7.08
2002: $1 = 7.98
2001: $1 = 8.99
2000: $1 = 8.8