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  • Bir Form 1700 Editable 2020

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Deadlines for filing BIR Form 1701, 1701A and 1700 The BIR requires that your Annual Income Tax Return must be filed on or before the 15th day of April each year.

The BIR Form 1700 (Annual Income Tax for Individuals Earning Purely Compensation Income) is an Income Tax form required from employed individuals who had multiple employers within the same taxable year.

BIR Form 1700 - Annual Income Tax For Individuals Earning Purely Compensation Income (Including Non-Business/Non-Profession Related Income) Documentary Requirements. Certificate of Income Tax Withheld on Compensation (BIR Form 2316)

Whether you're a working individual or a business, you must file an income tax return (ITR) annually for earning revenue during the year. As a Filipino citizen, you must pay taxes on your income, regardless of its source. As for aliens or foreigners, only income derived from sources inside the Philippines is taxed.

Steps for filing and paying BIR Form 1700 using eFPS: Fill out the appropriate ITR for your taxpayer type. Click “Proceed to Payment.” Choose a payment mode (Fund Transfer, Tax Debit Memo, or Tax Remittance Advice). Complete the required fields in the eFPS payment form and click “Submit.”

The Capital Gains Tax Return (BIR Form No. 1707) shall be filed in triplicate by every natural or juridical person, resident or non-resident, for sale, barter, exchange or other onerous disposition of shares of stock in a domestic corporation, classified as capital assets, not traded through the local stock exchange.

You cannot file both forms since if you are earning a regular salary outside of being self-employed, you are then required to file form 1701, and not 1701A. Both forms should be filed on 15 April preceding the taxable year.

BIR Form 1701A – use this form if you're purely doing business, freelancing/self-employment, or practicing of profession and you are availing any of the following: 8% Flat Income Tax Rate; or. Graduated Income Tax Rate with OSD as method of deduction.

BIR form 1701A is the Annual Income Tax Return for Individuals Earning Income PURELY from Business/Profession. It shall be used by a self-employed individual or freelancer who is purely earning from his/her profession and aiming to avail the 8% income tax rate and Optional Standard Deductions under Graduated Rates.

For individuals earning purely compensation income from two or more employers within the same taxable year, they are required to file BIR Form 1700 as their annual income tax return.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232