Message For U.s. Citizens: Federal Agency Liaison- Irs Reminds Those With Foreign Assets Of U.s. Tax Obligations

[jamesmusslewhite]

  I just received this email this morning, so as requested by the US Embassy Warden system I am passing it to the members of the US citizens of the forum.

 

 

 

                                                                  MESSAGE FOR U.S. CITIZENS
                                                           U.S. Embassy, Manila, The Philippines

                                                                                June 7, 2013

 

  FEDERAL AGENCY LIAISON - IRS REMINDS THOSE WITH FOREIGN ASSETS OF U.S. TAX OBLIGATIONS

THE EMBASSY OF THE UNITED STATES IS TRANSMITTING THE FOLLOWING INFORMATION THROUGH THE EMBASSY WARDEN SYSTEM AS A PUBLIC SERVICE TO AMERICAN CITIZENS IN THE PHILIPPINES. PLEASE DISSEMINATE THIS MESSAGE TO ALL U.S. CITIZENS IN YOUR ORGANIZATION OR NEIGHBORHOOD.

On May 23, 2013, the Internal Revenue Service (IRS) issued a news release to remind U.S. citizens and resident aliens, including those with dual citizenship who have lived or worked abroad during all or part of 2012, that they may have a U.S. tax liability and a filing requirement in 2013.  For such taxpayers who reside overseas, their form 1040 Individual Tax Return is due by June 17.  Depending on the taxpayer's personal situation, Form 8938, Statement of Foreign Financial Assets, may also be due (attached to their form 1040).  Depending on the balance maintained in a foreign bank account, a taxpayer may also need to file a form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR) by June 30, 2013.  

These reminders are addressed in the IRS News Release found at http://www.irs.gov/uac/Newsroom /IRS-Reminds-.More details may be found at www.irs.gov.



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The Embassy is located at 1201 Roxas Boulevard, Manila, Philippines and is open 0730-1600, Monday through Friday.  The Embassy's main telephone number is (632) 301-2000.  American citizens needing to speak to the Embassy can dial this number and ask to be connected to the American Citizen Services (ACS) unit or with the Embassy Duty Officer (for calls outside of normal business hours).  You can also contact the ACS unit through email at ACSInfoManila@state.gov or through the Embassy Facebook page.  Please visit our website for information on all services offered by the ACS unit.


We strongly recommend that U.S. citizens travelling to or residing in the Philippines enroll in the Department of State's Smart Traveler Enrollment Program (STEP) program. Registering gives you access to updated information on travel and security within the Philippines and makes it easier for the Embassy to contact you in case of emergency.  If you don't have Internet access, enroll directly at the nearest U.S. Embassy or consulate.

You can also stay up to date by bookmarking the Department of State's website, which contains all current Travel Warnings and Travel Alerts, as well as the current Worldwide Caution.  Please consult the Country Specific Information on the Philippines, for general information about the Philippines. For additional information, refer to "A Safe Trip Abroad" on the State Department's website.

Contact the U.S. Embassy for up-to-date information on travel restrictions.  Current information on safety and security can also be obtained by calling 1-888-407-4747 toll-free in the United States and Canada, or a regular toll line at 1-202-501-4444 for callers from other countries.  These numbers are available from 8:00 a.m. to 8:00 p.m. Eastern Time, Monday through Friday (except U.S. federal holidays).  You can also stay up to date by "following" us on Twitter and "liking" the Bureau of Consular Affairs on Facebook.  You can also download our free Smart Traveler App, available through iTunes and the Android market, to have travel information at your fingertips.  


 

Edited June 11, 2013 by jamesmusslewhite