Form 8689 for Palmdale California 2024-2025

Form 8689 for Palmdale California: What You Should Know

U.S. citizens and resident aliens who earned income from  Sources in the U.S. Virgin Islands. Form 8689, allocation of individual income tax to the Virgin Islands. When you are filing your personal tax return, you need to allocate: If you earned any income of 600 or more in a  month, you will pay tax at 30% and have to pay an additional 25% tax for the second 600 of income. If you earned any income of 300 or more in a month, you will pay tax at 25% and have to pay an additional 25% tax for the second 300 of income. If you earned any income of 150 or less in a month, you will pay tax at 10% and have to pay an additional 10% tax for the second 150 of income.

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