Filing your bir form 1701q is one of your major tasks as a freelancer or business owner. Sep 22, 2015 taxpayers using this new version shall simply follow these steps. Bir form 1702q for corporations and partnerships is a tax return intended for corporations, partnerships and nonindividual taxpayers. Update as of november 7, 2018 the ebirforms package was reverted back to version 7. This bir return is filed quarterly by every corporation, partnership, joint stock companies, joint accounts, associations except foreign corporation not engaged in trade or business in the philippines and joint venture or consortium formed for the purpose of undertaking construction projects. Two of the newest forms available within ebirforms package v. Apr 11, 2015 go to bir website if with access to internet or go to bir elounge and bring usb flash drive if without access to internet print 2 copies of the bir form 1 for bir and 1 for taxpayer download the ebirforms package and install in computer or save ebirforms package installer in usb flash drive and install click final copy button. The use of ebirforms by taxpayers will improve the birs tax return data capture and storage thereby enhancing efficiency and accuracy in the. Rr 22014 pursuant to section 244, in relation to sections 6h, 51a1 and 51a2 of the national internal revenue code of 1997 tax code, as amended. Jul 29, 2019 filing your bir form 1701q is one of your major tasks as a freelancer or business owner. We declare under the penalties of perjury, that this annual return has been made in good faith, verified by us, and to the best of our knowledge and belief, is true and correct pursuant to the provisions of the national internal revenue code, as amended, and the regulations issued under authority thereof. After downloading the excel file format, please take time to analyze the sample data in the file. Manual filers shall download and print the pdf version of the form. General professional corporation partnership 0% 01 ic 010 1.
The bureau of internal revenue bir issued on january 24, 2014 revenue regulations no. The corporate quarterly income tax return shall be filed with or without payment within sixty 60 days following the close of each of the first three 3 quarters of the taxable year whether calendar or fiscal year. No, it is just an interactive format of the bir forms version november 2011 based on rr 192011. For taxable year 2017, the deadline to file bir forms 1700 and 1701 and to. The newly revised return shall be used by the taxpayers in filling and. Tax return 1702q for corporations, partnerships and other nonindividual taxpayers l l july 2008 encs bir form 1702q encs page 2. Bir form 1701q download bir forms download bir form 1701q quarterly income tax return for selfemployed individuals, estates, and trusts including those with both business and compensation income view pdf files. Relative to the issuance of the new annual income tax returns 1700, 1701 and 1702 are there new quarterly income tax returns 1701q and 1702q issued by the bir. Bir form 1702q encs page 2 operation atc description tax tax operation atc description tax tax code rate base code rate base domestic 14 ic 021 7. Bir guide for interactive forms federation of filipino. Quarterly alphalist of payees 2018 qap sample only.
Part ii s u m m a r y o f r e m i t t a n c e s schedule 1 r e m i t t a n c e p e r b i r f o r m n o. How to file your bir form 1701 income tax return for. Bir form 1702rt download bir form 1702rt annual income tax return for corporation, partnership and other nonindividual taxpayer subject only to regular income tax rate. Alphalist data entry and validation module version 6. Bir form 1702q, or also known as quarterly income tax return for corporations and partnerships is a tax return intended for corporations, partnerships and nonindividual taxpayers. With form 1601fq, you just need to pay during the last day of the month after the last quarter. Monthly remittance form of tax withheld on the amount withdrawn from the decedents deposit account. This is only a perspective sample of qap while the alphalist data entry program while the updated version of program cant. Ebirforms package version 7 released, new forms available. The program lies within business tools, more precisely finances. Bir form 1601eq or the quarterly remittance return of creditable income taxes. New annual income tax and capital gains tax returns grant thornton. Bir form 1702mx philippine tax and business consultant.
Although such confusion is justifiable since filing of bir form 2316 could be tantamount to itr when one is qualified for substituted filing. This form is to be accomplished by an old or new employee whether resident citizen or nonresident alien earning purely compensation income. Mar 30, 2019 ebirforms or electronic bureau of internal revenue forms is available for all taxpayers as a tool for preparing and filing tax returns. First step is to download bir form excel format, list of supported forms are.
Aside from all the other familiar forms present during its previous release, the new version of ebirform package comes with new and updated forms such as the following. Job aid for the use of offline ebirforms package contact center. Jan 03, 2012 new june 20 version available, click to download on november 2011, the bureau of internal revenue issued revenue regulations rr 192011 which prescribe the new bir forms that will be used for income tax filing covering and starting with calendar year 2011, and to modify revenue memorandum circular no. Every corporation, partnership no matter how created or organized, joint stock companies, joint accounts, associations except foreign corporation not engaged in trade of business in the philippines and joint venture or. New annual income tax and capital gains tax returns. New income tax forms 2014 1700, 1701, 1702, june 20 versions. The newly revised return shall be used by the taxpayers in. Apr 17, 2018 for selfemployed individuals and professionals, they should be filing their 2018 first quarter bir form 1701q on may 15, 2018, the bir said. Bir guide for interactive forms 1702 canadian chamber of. What you need to know about the new bir forms taxumo blog. Rather than the traditional guidebook process of filling out income tax return on preprinted forms that is highly prone to human mistake, taxpayersatas could straight inscribe data, validate, edit. However, this is not yet available in the electronic. This program is used to calculate the revenue and tax returns for private and publicsector companies in the philippines.
Thus, taxpayers may download the pdf format of bir form 1701q. Complete the profile page, select from the list of bir forms then click fill up. You can easily import and export data as dat files using this program. Refers to the version of the bir forms developed and maintained by the bir. For ewt this certificate in turn should be attached to the quarterlyannual income tax return bir forms 1701q 1701 for individuals, or bir form 1702q 1702 for nonindividuals, in which case, the amount of withholding tax shall be allowed as a tax credit against the income tax liability of the income recipient in the taxable quarter or. Nov 19, 2010 online web directory of philippine government departments gov. Go to bir website if with access to internet or go to bir elounge and bring usb flash drive if without access to internet print 2 copies of the bir form 1 for bir and 1 for taxpayer download the ebirforms package and install in computer or save ebirforms package installer in usb flash drive and install click final copy button. In this case, if qualified, the 8% option if selected, the same is based on gross salesreceipts and other nonoperating income and the p250,000 reduction is no longer applicable. You wont file your fourth quarter anymore but instead, you will consolidate all your income for the year in your annual income tax return 1701. Rate free new bir form 1702 rt excel format download. Bir forms 1701q 1701 for individuals, or bir form 1702q 1702 for nonindividuals, in which case, the amount of withholding tax shall be allowed as a tax credit against the income tax liability of. Bir form 1702q download bir forms download bir form 1702q quarterly income tax return for corporations, partnerships and other nonindividual taxpayers view pdf files. Facing ph taxes when i realized tax is chasing me down.
Department of education website, sss, nso, philhealth office, government service and insurance system, department of social welfare, department of justice, department of foreign affairs, department of health. This free program is a product of information systems group of the bureau of internal revenue. This tax return shall be filed quarterly by any form of corporation, partnership, stock companies and associations which are engaged in a trade or business within. This tax alert is issued to inform all concerned on the newly issued annual income tax returns bir form nos. We go straight to the bureau of internal revenue bir and get overwhelmed with tons of forms getting in our hand. Monthly remittance return of valueadded tax and other percentage taxes withheld under ras 1051, 7649, 8241, 8424 and 9337 remittance return of percentage tax on winnings and prizes withheld by race track operators. Bir form 2316 is often confused as the income tax return for individuals. Online web directory of philippine government departments gov. All the payments you made for the quarterly income taxes including the income tax withholding bir form 2307 will be deducted from your tax due. New june 20 version available, click to download on november 2011, the bureau of internal revenue issued revenue regulations rr 192011 which prescribe the new bir forms that will be used for income tax filing covering and starting with calendar year 2011, and to modify revenue memorandum circular no. The use of ebirforms by taxpayers will improve the bir s tax return data capture and storage thereby enhancing efficiency and accuracy in the.
When i realized tax is chasing me down, i decided to face it. For corporation, partnership and other nonindividual taxpayer. The electronic bureau of internal revenue forms ebirforms was developed primarily to provide taxpayers with an alternative mode of preparing and filing tax returns that is easier and more convenient. Alphalist data entry and validation is developed by the bureau of internal revenue, government of the philippines. Bir forms bureau of internal revenue document pdf forms. Bir new income tax returns 1700, 1701, 1702 per rr 19. Lucky to find an uploaded file version of the different forms by the bir through one of the responsible philippine. Under revenue regulations rr 82018, the taxpayer is required to signify his intent in the first quarter return bir form 1701q andor bir form 2551q for existing business taxpayers, or on the initial quarter return of the taxable year after commencing a new business or practice of profession for new business registrants. This is only a perspective sample of qap while the alphalist data entry program while the updated version of program cant produce qap on its own unlike the outgoing.
How to properly accomplish and file the bir form 1701q. Taxpayers may download the ebirforms software package offline package and they will be able to fill up tax returns then submit the. Download, install and run ebirforms package version 5. The bir form 1700 is for the annual income tax return for individuals earning purely compensation income including. The bir has not issued any updated or latest form aligned with the new annual income tax returns.
An interactive form is a document with blank spaces that allows the user to insert data, edit, save and print. Annual income tax return for corporation, partnership and other nonindividual taxpayer march 2012 version 1 page 10 of 14 5. Oftentimes, people forget to do this which results to penalties, too. Taxpayers using this new version shall simply follow these steps. Hd201512788 detect default browser when submitting to efps. Department of education website, sss, nso, philhealth office, government service and insurance system, department of social welfare, department of justice, department of foreign affairs, department of. Quarterly alphalist of payees 2018 qap sample only youtube. May 23, 2018 under revenue regulations rr 82018, the taxpayer is required to signify his intent in the first quarter return bir form 1701q andor bir form 2551q for existing business taxpayers, or on the initial quarter return of the taxable year after commencing a new business or practice of profession for new business registrants. Download and get your bir forms here for use with filing income tax and other bureau of internal revenue needs. Jan 19, 2015 posts about bir form 1702mx written by mva1861. The new return is already available manually and can be downloaded from the bir website. Bir form 2307, relief, alphalist, qap, map, sawt and srs semestral list of regular suppliers.
371 831 988 193 107 594 178 1593 18 1506 259 507 236 1106 1238 736 373 324 62 492 893 1060 1300 1043 515 20 514 926 127 1280 693 1415