Do I have to pay a penalty because I didn't file my taxes on time. I'm working as a teacher in Korea
I'm I in trouble for not filling taxes for 2016 on time? I started work in korea as a teacher around october of 2016 and made less than 6,000 dollars. Or should I just wait to file my 2016 taxes when I file my 2017 taxes.
There is a foreign earned income exclusion of $101,300 for tax year 2016.
However, you only have a filing requirement for 2016 if your gross income from all sources is at least $10,350 and you are filing as Single and not a dependent on someone else's tax return.
DoninGa, thank you for the answer. I read page 3, but want to double check. So since I made less than $10,350 in 2016, and I wasn't self employed, I don't have to file taxes for 2016? In other words, I can skip filing 2016 taxes?
