I have looked around to see if I can find an answer to my questions in one of the many posts but I couldn’t but if this is still a duplicate I apologize.

How does it work for a dual citizen, CH – USA when filing taxes? Does it matter if I am Swiss first and then American, meaning if I’m Swiss born and became American later or vise versa?

I know that the due date was yesterday so I’m late as it is. However, if I want to apply for an extension does anyone know which form to use? I have seen a couple of different forms but don’t know which one is the correct one. I have also read that when living outside the US one automatically gets an extension until June 15. Is that correct? Would that mean that I have to pay interest for the two months I’m late?

Then I read that when earning only $8000 something (can’t remember the exact amount) one has to pay taxes????? I thought one has to earn more than $87,000 and if it is less I wouldn’t have to pay? Will I have to send in my Swiss tax form to the US or do I only tell them the numbers?

This whole tax thing is way too confusing for me and obviously I need help. Does anyone know of a tax person in Basel that isn’t too expensive and trustworthy? Thank you very much for your help.

As an expat, you can file an extension for up 6 months( i.e. your
return would be due October 15)

You have to file a return if you are a US citizen. They don't care
about whether you have another citizenship or not. Additionally,
your Swiss return does not matter to the IRS.

As a person living outside the US, you can either take

1. Foreign tax credit for taxes paid in Switzerland.
2. Exclude 87000 of foreign income from your US return.

most of this was covered last week!

EU / US Dual Citizenship and Taxes

[quote=JG2008;438501]II have also read that when living outside the US one automatically gets an extension until June 15. Is that correct? Would that mean that I have to pay interest for the two months I’m late?

It is an extension to submit the tax return, not the taxes due. If there is an amount due you owuld have to pay late penalties and interest.

[quote=JG2008;438501].

. I have also read that when living outside the US one automatically gets an extension until June 15. Is that correct? Would that mean that I have to pay interest for the two months I’m late?

[quote=conrad;438596]It is an extension to submit the tax return, not the taxes due. If there is an amount due you owuld have to pay late penalties and interest.

You automatically have two months extension, i.e. June 15. After
that you can file an extension for up to 6 months, i.e. October 15.
I do this every year, and there are no late penalties. However, you
still have to pay interest if you owe money.

Thanks everyone for your feedback. It still sounds complicated and no fun but I guess I got to do it anyway