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Reporting taxes to federal government?

 
twoods1389
(@twoods1389)
Active Member

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

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Topic starter Posted : March 27, 2012 4:10 pm
speee1dy
(@speee1dy)
Expert

are you asking if you need to file?

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

Yes

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Topic starter Posted : March 27, 2012 4:24 pm
speee1dy
(@speee1dy)
Expert

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?

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Posted : March 27, 2012 5:38 pm
twoods1389
(@twoods1389)
Active Member

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

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Topic starter Posted : March 27, 2012 5:55 pm
STXBob
(@STXBob)
Trusted 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://www.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.

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Posted : March 27, 2012 6:26 pm
StCroixBeachBoy
(@StCroixBeachBoy)
Advanced 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.

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Posted : April 6, 2012 3:01 am
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