Professional Documents
Culture Documents
DEALING IN PROPERTIES
Example
BIR FORM 1701 (Filing BIR FORMS) 14. Civil Status
15. If name indicate whether spouse has
Introduced by the Train Law
income
16. Filling status- Separate family
17. Main Line of Business
PROCEDURE: 18. PSIC- Philippine Standard Industrial
-enter registered name Classification
19. PSOC- Philippine Standard Occupational
-Zip code Classification code
-Tele. Number 20. Method of Deductions-*Itemized
deductions
- email add 21. Method of Accounting-*Acenial
(recognized income ever if it is not
Under list of BIR FORMS
earned)
- In the box select BIR FORMS 1701A 22. Income Exempt from Income Tax? - No
- Then click fill up it is taxable
- Click ok 23. Income subject to special/potential
- Then an actual bir form will be seen rate? - *No
24. Claiming additional exemptions? - *no
Then fill up the form
25. If yes. Number of qualified dependent
1. Year children
2. Amended return? Check no since it is 26. Income tax due
First time 27. Less: Total tax credits/Payments
3. Short Period returns- check no, since it 28. Net Tax Payable Cover payment
is 1 year 29. Less: Portion of tax payable allowed
4. Alphanumeric tax code (income derived 30. Total tax Payable
from business/ compensations) 31. Add: Total Penalties
-assuming enagage in business 32. Total amount payable upon filling
*check business income/income from coverpayment
profession 33. Number of pages filled- *03(tax
payes,bank,bir)
PARI- Background information of Tax filer 34. Community Tax Certificate
5. Taxpayer Identification Number (TIN) Or Govt Issued Id Cedula
-If ends with 000 it means head office 35. Date of issue
6. RDO code – 098 is cdo 36. Save
RDO- revenue district office 37. Next page then next
7. Tax filer type chek *single
proprietorship
8. Tax filers name
9. Trade Name (Business name)
Ampo nalang lage ta!
10. Registered Address
11. Date of Birth
12. Email add
13. Contact Number