income taxes
I moved in September and all my 2010 income was from the states. It doesn't seem I can efile my return from here. Do I need to use someones stateside address to get my small refund?
You cannot e-file in the USVI for income taxes. I moved from stateside to STX in 2007, with income earned in states for yr 2006, had to manually file taxes and send the form to a specific IRS office in Austin, Texas. The VIRB office has the specific address of this IRS location.
Jumbie-STX.
If all your 2010 income was from the mainland and you moved here in September I'm pretty sure you don't have to file in the USVI for 2010 (next year is a different story.) In this case you can use your online tax filing software like usual and use your bank of choice for deposit of your refund if you have one (and you can still use a VI mailing address for the filing, at least I could with the H&R Block tax software I use.)
Permanent residents of the USVI
Mail to:
V.I. Bureau of Internal Revenue
9601 Estate Thomas
Charlotte Amalie, St.Thomas VI 00802
If you live here less than 182 days a year
Mail to:
Department of the Treasury
Internal Revenue Service Center
Austin, TX 73301
Just forget about e-filing or direct deposit 🙂
Whoa.... Do not ever mail your taxes in here. Always go down with a copy and get it stamped by the VIRIB. Not only because they like to screw with you at random but also because when you eventually move back stateside the Federal Govt may wonder why you didn't pay taxes to them all those years. And believe me both scenarios happen. If it hasn't happened to you be grateful.
You are correct. I have sent at least three copies of my 2006 1040 to the IRS in various offices in the USA trying to prove that I have paid all my taxes on all my worldwide income in the USVI. Even though the statute of limitations has run and regardless if you have filed the required 8898 form the IRS keeps on dogging you. I hope to finally to get my 2006 tax clearance letter from the IRS this year. The USVI had no issues. Then I assume the IRS will start on 2007 taxes. They have big computers and little common sense.
If you have any sources of income in the USA and they send the IRS a 1099 for dividends, stock sales, interest, alimony, etc. expect the IRS to track you down in the USVI and make you prove that you have reported all income and paid taxes. You have to respond to the IRS or they will freeze or levy any assets you have.
Because of all the EDC scamers and individuals that have filed bogus returns from the USVI the IRS assumes you as a resident of the USVI are a crook too.
Jim
In order for the IRS to freeze or levy anything, they must notify you multiple times and follow a very specific procedure. I'm still i the middle of an EDC audit after 5 years. The IRS is not friendly to any USVI activity. I was a legitimate resident with legitimate EDC income. Hire a good accountant before filing anything down there. Good luck.
They sent one notification to a a very old address for my wife and only gave us fifteen days notice that all income at various financial institutions was now subject to mandatory withholding for the IRS. They easily found all our US based accounts, but somehow could not find an address more current than ten years old.
Jim
I moved in September and all my 2010 income was from the states. It doesn't seem I can efile my return from here. Do I need to use someones stateside address to get my small refund?
HIRE AN ACCOUNTANT.
I've been down here nearly a decade and, despite having occasionally both stateside and VI income, have never had a problem with either the IRS or the IRB. My accountant is worth every penny.
IT
HIRE AN ACCOUNTANT.
I've been down here nearly a decade and, despite having occasionally both stateside and VI income, have never had a problem with either the IRS or the IRB. My accountant is worth every penny.
IT
IT - would you mind sharing the contact info for your accountant?
Thanks!
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