Hi everyone, I am a US citizen who moved abroad ( to a very cheap country) after college in 2012.
For 6-7 years I survived just from some money from my parents and giving English lessons (where students paid me in cash, so I didn't have a formal salary). For this reason I never filed taxes with IRS as my income was way below the annual income threshold which I think was 60,000 USD/year+
Now I am working officially in another country and I need to file 2020 taxes. But do I need to file my back taxes (including bank account info) for all those other years?
If I do I'll have to use the streamlined procedure which will cost a lot of money on all the websites so I'm really hoping to avoid this. but then also better to be safe than sorry.
Thanks sincerely for any help
For 6-7 years I survived just from some money from my parents and giving English lessons (where students paid me in cash, so I didn't have a formal salary). For this reason I never filed taxes with IRS as my income was way below the annual income threshold which I think was 60,000 USD/year+
Now I am working officially in another country and I need to file 2020 taxes. But do I need to file my back taxes (including bank account info) for all those other years?
If I do I'll have to use the streamlined procedure which will cost a lot of money on all the websites so I'm really hoping to avoid this. but then also better to be safe than sorry.
Thanks sincerely for any help