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Reporting taxes to federal government?

(@twoods1389)
Posts: 17
Active Member
Topic starter
 

I moved to island last September and began working in November. Had my paycheck taxed weekly. Received my W2 and paid about $400. I'm not going to bother appealing for a refund from the stories I hear about that. Yet do I still have to claim my earnings with the Feds or was that settled from my weekly paychecks being taxed? Paycheck is only source on income/earnings


 
Posted : March 27, 2012 4:10 pm
(@speee1dy)
Posts: 8873
Illustrious Member
 

are you asking if you need to file?


 
Posted : March 27, 2012 4:17 pm
(@twoods1389)
Posts: 17
Active Member
Topic starter
 

Yes


 
Posted : March 27, 2012 4:24 pm
(@speee1dy)
Posts: 8873
Illustrious Member
 

if you made under a certain amount, you do not have to file. that is easy to look up online. if you have made more than that you do have to file. did you work in the states before you came here?


 
Posted : March 27, 2012 5:38 pm
(@twoods1389)
Posts: 17
Active Member
Topic starter
 

Yes and those were already filed separately and I received a refund already


 
Posted : March 27, 2012 5:55 pm
(@STXBob)
Posts: 2138
Noble Member
 

I think that, since you did not live in the USVI for at least 183 days in 2011, then you were not a bona fide USVI resident in 2011, but you were a resident with VI source income, so some tax applies.

More info is available at https://vimovingcenter.com/island_living/taxes.php and http://www.viirb.com/docs/TAX_STRU.htm

You can contact the IRB for form 1040-INFO and to ask more questions.


 
Posted : March 27, 2012 6:26 pm
(@StCroixBeachBoy)
Posts: 95
Trusted Member
 

If you don't meet the residency requirement (and you don't), then you report all your income (including USVI income) on your Federal return. Include the USVI withholding as well.


 
Posted : April 6, 2012 3:01 am

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