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Form 8689 is used to calculate the amount of U.S. tax allocable to the U.S. Virgin Islands (USVI) for U.S. citizens or resident aliens with income from USVI sources. It outlines the process for reporting income, determining adjusted gross income, and allocating tax payments to the USVI. The form includes sections for detailing various types of income, deductions, and tax payments made to the USVI, as well as instructions on filing requirements and penalties for non-compliance.

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2023	4.8 Satisfied (57 Votes)
2022	4.3 Satisfied (49 Votes)
2021	4.9 Satisfied (51 Votes)
2020	4.4 Satisfied (208 Votes)
2019	4.4 Satisfied (34 Votes)
2018	4.3 Satisfied (196 Votes)
2017	4.4 Satisfied (168 Votes)
2016	4.4 Satisfied (532 Votes)
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2014	3.9 Satisfied (31 Votes)
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What is Form 8689 IRS?

A U.S. citizen or resident alien (other than a bona fide resident of the U.S. Virgin Islands (USVI)) with income from sources in the USVI or income effectively connected with the conduct of a trade or business in the USVI uses this form to figure the amount of U.S. tax allocable to the USVI.

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