Notifications
Clear all

Taxes in the VI

(@jbr12)
Posts: 29
Eminent Member
Topic starter
 

I moved back to Michigan from St Thomas last May. I had 5 months of income while I lived on STT and STX. Now that its tax time again, I just got my W2s from my STT employer. Does anyone have any clue how I'm supposed to file this year? I have 5 months income in STT and 7 months in Michigan. At the end of the year I was a Michigan resident. All the IRS page says is to contact the possession's (USVI) tax bureau. I'm thinking I'm going to have to go to a tax pro this year because of this instead of doing my taxes myself....


 
Posted : February 7, 2007 12:45 am
Trade
(@Trade)
Posts: 3904
Famed Member
 

I THINK you have to pay a portion here but I'd sure check with the IRB here before even going to a tax pro in the States.


 
Posted : February 7, 2007 8:15 am
(@Cheri Berry)
Posts: 19
Active Member
 

I'm hardly a tax authority, but I can tell you my experience from moving all over the U.S. (not the VI though). I've moved a lot and had to deal with this frequently. I always filled out part-year state tax forms for both the state I left and the state I entered. Both forms will ask you for the date you moved. Have you gone onto the IRS website? They actually have a lot of info on there. www. irs.gov Let us know what you find out!


 
Posted : February 7, 2007 8:46 pm
(@Betty)
Posts: 2045
Noble Member
 

You will have to file vi taxes for the portion of the year you were here and file the rest wherever you were before. Same as if you had moved here mid year...if you had stayed and not moved back to michagan you would have had to pay partial there and partial in vi.


 
Posted : February 8, 2007 2:46 pm
(@jbr12.1)
Posts: 2
New Member
 

Betty-

When I lived in STT and filed in 2006 for 2005, I had 5 months in Michigan and 7 months in the USVI. I was told by the IRB, I was to ONLY file with the IRB for my federal and I had to fill out a special form so that the IRB would get my tax income for those 5 months in Michigan. I did have to file a separate Michigan state income tax for that 5 months of Michigan income.

What I can't figure out is if I just need to file everything with the IRS and fill out a form similar to how I did when I lived there, or if I have to file with both jurisdictions. I have tried to get an answer from the IRB via phone... but I was passed around to a few people rather rudely and one time when I was 'transferred' I got a dial tone..... maybe I will try again today


 
Posted : February 8, 2007 5:29 pm
(@Betty)
Posts: 2045
Noble Member
 

sorry jbr....been "transfered" a few times as well it can be frustrating to talk to any govt type office or utility co....just remember to keep your cool and be persistent and you will eventually get your answer. Or have you thought about taking your taxes to a professional stateside? I would trust that more then whatever the irb tells you.


 
Posted : February 8, 2007 5:35 pm
(@jbr12.1)
Posts: 2
New Member
 

Betty-

It seems I'm going to have to go that route. Sucks I'll have to loose that chunk of my return, but its probably worth it so I don't have to deal with the IRB


 
Posted : February 9, 2007 5:45 pm

Thinking about moving to the Virgin Islands?

The Settler's Handbook is a Indispensable Guide

The current 19th Edition, will help you explore your dream of island living. A solid reference book, it was first published in 1975. That’s 40+ years of helping people move to the Virgin Islands.

Stay up to date with news from VIMovingCenter

Sign up to receive Virgin Islands articles, updates and offers.

Advertise with Us

Tell prospective and current residents about your business. Learn More

Also Visit

USVI Books & Souvenirs

The Virgin Islands Best Guide

Official Sponsor

Copyright © 2002 – 2025 VInow.com All rights reserved..
  • Opens in a new tab
  • Opens in a new tab
Search this website Type then hit enter to search
Close Menu