European Stars And Stripes (Newspaper) - June 10, 1986, Darmstadt, Hesse                                Page 2 the stars and stripes tuesday june 10, 1936 deadline nears for . Taxpayers abroad by Hob hover stiff Wriler the Federal irume tax count Down on 1985 earnings is fast approaching fur americans living in Europe. Monday. June 16, is the Tat tiling deadline inc Dale by which All . Cuti pm abroad must act. People who Tail to file their return or seek an Extension by monday arc subject to a 5 percent monthly penalty on lanes due for up 10 five months. All our offices have been Busy the but 10 weeks said Jerry Burroughs director of  Block s euro Pean operations in Worms Germany. Americans abroad arc Given in automatic two month Extension from inc Normal april 15 deadline. This year they set inc Benefit of an Citra Day because june 15 Falls on a sunday to avoid penalty All returns or requests for extensions must be postmarked by june 16. Tax preparers say in is a Good idea to no a on the lop of the forms Hal hey Are being filed from overseas Stan Newman internal Revenue service representative in Bonn said taxpayers who still need extra Lime to Complete paperwork May request an Exten Sion until aug. 15 by filing form Soh by june 16. The form should be accompanied by an estimate and payment of taxes due along with any interest due since april 15, Newman mid the irs charges interest at the rate of 0 percent a year on lanes due after april 15, taxpayers now gel two years to report and receive an exclusion for foreign income income for the 1985 lax year must be reported by april i 1987, no Extension is allowed until two Yean ago there was no Lime limit for claiming foreign earned income Newman said. That s changed and taxpayers living overseas should be aware aftic  . Primary heats up Maine other areas also voting Columbia ,