Get Ie Form 1 (firms) 2021-2025

Filling out the IE Form 1 (Firms) is an essential task for partnerships to report their income and capital gains. This guide provides a step-by-step approach to accurately complete the form online, ensuring compliance with tax regulations.

Follow the steps to successfully complete the form online

1. Press the ‘Get Form’ button to obtain the form and open it in your preferred editing space.
2. Begin with the Tax Reference Number section. Ensure to provide the correct number, as this will be necessary for any communication with your Revenue office.
3. Fill in the partnership details in Part A. Ensure to accurately report the nature of trade, profession, and the business address.
4. List the particulars of each partner. For partners resident in Ireland, complete the respective columns regarding their income shares, salary, and other relevant details.
5. For partners not resident in Ireland, provide their names, addresses, and Foreign Tax Numbers (if applicable), along with similar income details.
6. In Part B, accurately describe the primary trade or profession, ensuring clarity. This section does not require submissions of accounts, but the necessary extracts from the accounts must be filled.
7. Complete the extracts from accounts section with relevant periods, sales, receipts, and expenses as required in the fields provided.
8. Proceed to any necessary fields for exempt income, rental income, and foreign income, entering all required information carefully.
9. Make sure to sign the declaration at the bottom of the form, confirming the accuracy of the information provided.
10. Once you have filled in all applicable sections, save your changes, download a copy of the form, and print it if needed for your records.

Complete your IE Form 1 (Firms) online today to ensure compliance with tax regulations.