Get Desktop: Form 8689 - Allocation Of Individual Income Tax To ...

Filling out Desktop: Form 8689 online is a straightforward process that helps individuals allocate their income tax responsibilities to the U.S. Virgin Islands. This guide will walk users through each section of the form to ensure accurate completion and submission.

Follow the steps to complete your form online:

1. Press the ‘Get Form’ button to retrieve the form and open it in your editor.
2. Enter your social security number in the designated field at the top of the form.
3. Provide the names as shown on your Form 1040 or 1040-SR in the corresponding space.
4. Navigate to Part I and list all income sourced from the U.S. Virgin Islands under the appropriate categories such as wages, salaries, tips, etc.
5. Add together the amounts from lines 1 through 15 in Part I to determine your total U.S. Virgin Islands income.
6. In Part II, calculate your adjusted gross income from the U.S. Virgin Islands by filling out lines 21 through 30 based on your U.S. Virgin Islands sourced self-employment income.
7. Proceed to Part III and enter data related to your allocation of tax to the U.S. Virgin Islands based on your adjusted gross income.
8. In Part IV, list the payments made to the U.S. Virgin Islands and calculate any overpayments or amounts owed.
9. After completing all sections, review your entries for accuracy.
10. Finally, save your changes, download, print, or share the form as needed.

Start filling out your documents online to ensure timely and accurate tax submissions.