Question
How do I report income from U.S Virgin islands in Proseries?
I have a client who has income from USVI, and he was not a bonafide resident of USVI. He also has income from the U.S. I understand that his USVI income and USVI withholding needs to be reported on Form 8689. I have a couple of questions regarding his 2019 tax returns:
1) Would he qualify for the foreign tax credit for taxes paid to USVI? If yes, I also have a question regarding what amount to enter on Form 8689 on line 30.
2) Do I send Form 8689 and the 1040 to USVI Bureau of Internal Revenue?
Thank you in advance for your help.
1) Would he qualify for the foreign tax credit for taxes paid to USVI? If yes, I also have a question regarding what amount to enter on Form 8689 on line 30.
2) Do I send Form 8689 and the 1040 to USVI Bureau of Internal Revenue?
Thank you in advance for your help.
