Most of the refugee think that they don’t have to pay the taxes if they are outside the U.S. and are unaware to file their taxes. But there is no need to worry about it as you can still file your taxes with the help of filling a 14653 form that shows the U.S. expat was non-willfully involved in any tax crime.
To fill the 14653 form, the best method is through the Streamlined program. To go with this option, you have to disclose FBARs and also late tax returns with the 14653 filled form in order to show that you are not have not done tax delinquency. On successful submission of three requirements you will become compliant from the status of “non-compliant because of non-willful reason”. If you are looking to perfectly write the Form 14653, we will help you out by giving useful tips. Before we discuss form 14653 narrative example, let’s have a look at what is Form 14653.
It is a Certification by U.S. Person Outside of the United States for Streamlined Foreign Offshore Procedures that is very important to be filled when using Streamlined program. It tells that the expat was unaware to file the tax and the tax crime was a non-willful act. Form 14653 includes all personal details that shows that you have not committed tax crime.
In order to file the taxes for getting caught up, the best method is by using Streamlined Foreign Offshore procedure and for this you have to prove two things. First is to prove that you were physically outside the United States for 330 days and second is to attach the certification statement using the Form 14653 that helps you to verify you have not file due to non-wilful.
To submit your Form 14653, you have to visit IRS website and upload your form there. You may need to resubmit the form if it was filed in the old version of the form.
Requirements for Form 14653
For this, you need to fill personal details as well as financial background. The following things are the ones you need to prove and provide:
- First specify the reason why you were failed to file it before.
- If U.S. tax return is not filed, you need to submit a delinquent tax return along with Form 1040.
- You need to explain how you earn the money that is present in your Foreign financial accounts.
- Tell reason why you need to open FBARs and also clarify financial assets and accounts.
- Clearly mention Tax attorney name and contact details.
- Provide proof that you were physically outside the United States for more than 330 days in one of any last 3 years.
Requirements for Streamlined Procedures
It is recommended you only file for streamlined procedure if you were really not aware to file for tax or done a mistake or misunderstood the requirements. The following things need to be included by expat for the streamlined procedure:
- Delinquent tax returns of last 3 years
- FBARs of last 6 years
- Need to tell reasons for not filing it before on the form 14653.
Tips for Writing the Form 14653
We know this form is little bit confusing but here we will give you tips for writing the form 14653.
An expat must be non-willful in order to use the Streamlined procedures and if not then he is not qualified for streamlined program and has the only option for formalized offshore disclosure in a traditional VDP.
Be Clear and Concise
As we know the IRS agents are working hard and are paid less that means they get tired very soon due to heavy workload. So if you can describe in less words then you should do it. Don’t forget to include the necessary things and also focus on writing to the point. We recommend you to rewrite the statements before submitting them.
Always Stay Nice With Agents
The IRS agents are doing their jobs and due to heavy workload they feel really tired. They have a job to do and has criteria to reject or accept your form. So always speak with them nicely and don’t get rude. Always be respectful as it will help you to sort the things.
Double-check The Form Before Submitting It
You need to meet all of the requirements both administratively and substantively. As IRS periodically updates the requirements and the version of the form so you must stay up to date in order to fill the form according to the requirements. There is sometimes happen when IRS sends a bill asking for the payment of penalty even you have paid the penalty and IRS accepted it and deposit the check. So you don’t need to worry and stay nice with them to solve the issue.