Great job if you have already filed your 2020 U.S. Individual Tax Return! If you have not filed, the IRS announced in March 2021 that the 2020 federal individual income tax filing due date is automatically extended from April 15, 2021, to May 17, 2021.* If you are a U.S. citizen or resident alien residing overseas, you are allowed an automatic 2 month extension until June 15, 2021 to file.
2021 ESTIMATED TAX PAYMENTS
As of April 8, 2021, the IRS did not extend the 2021 1st quarter estimated tax payment deadline. If you need to pay 2021 US federal estimated taxes –
- 2021 1st quarter payment is due on or before April 15, 2021
- 2021 2nd quarter payment is due on or before June 15, 2021
The IRS provides more information about estimated taxes here:
https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes and online payments can be made via the IRS here: www.irs.gov/payments
2021 estimated tax payment vouchers (see pg 11 for 1st qtr voucher): https://www.irs.gov/pub/irs-pdf/f1040es.pdf
Economic impact payment (EIP)
You can check that status of your Economic Impact Payments here:
IRS Coronavirus Tax Relief and Economic Impact Payment: https://www.irs.gov/coronavirus-tax-relief-and-economic-impact-payments
* Certain U.S. states may have taken steps in order to extend their deadline, but each state is different and be sure to check your individual state (if filing is necessary):
Please contact us today if you have questions or need assistance handling your USA taxes living in Asia.
American Pacific Tax
Unit 2609, 26/F 663 King’s Road
Prosperity Millennia Plaza
Quarry Bay Hong Kong
P : 2985-8218
Disclaimer: This information has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors or consult us regarding your own personal tax situation as this email was intended to be general in nature.