this post was submitted on 14 Mar 2024
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One of your questions I didn't see answered:
You have two choices:
Full Disclosure : you tell the IRS, you haven't filled and ask them to help you rectify the situation. This could mean penalties and fines for filing late or based on your situation, they might let is slide (as it was an honest oversight). Once you've gone through this, then your back in the IRS' good graces (assuming you still file your taxes and fbar annually)
A "stealth" disclosure : (there's a better name but I forgot was it's called) basically, you just start to file your 2023 taxes and pretend that nothing has happened during the last 18 years... if you do this for the next 5 years (or 7 years?) and the IRS does not say anything, then you're back in the IRS good graces (they can only penalize you for x number of years) . But if the IRS decides to contact you, then they could throw the book at you (more than if you went with option 1).
Ultimately, it's a gamble with a risk. However, if you've recently learned of your citizenship and got a passport. I think it's quite plausible to get some lienency, both for the full disclosure and the stealth disclosure.
The IRS has a special procedure for this case called "streamlined procedure". Unfortunately it's a little complicated and you have to pay close attention to all the required details.
My english isn't good enough for that. I need someone to help me translate it.
In that case you should contact a professional who has done this thing before. But be aware, it's quite expensive. This site, for example, charges 749 โฌ.