RMC No. 17-2019 — Prescribes the new BIR Form No. 1701A - Annual Income Tax Return for Individuals Earning Income purely from Business/Profession (those under the graduated Income Tax rates with Optional Standard Deduction as mode of deductions or those who opted to avail of the 8% flat Income Tax rate) January 2018 version Digest | Full Text | BIR Form No. 1701A
REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE January 23, 2019 REVENUE MEMORANDUM CIRCULAR NO. 17-2019 SUBJECT : Circularizing the Availability of the New BIR Form No. 1701A -- Annual Income Tax Return for Individuals Earning Income PURELY from TO : Business/Profession (Those under the graduated income tax rates with Optional Standard Deduction (OSD) as mode of deductions OR those who opted to avail of the 8% flat income tax rate) January 2018 version All Internal Revenue Officials, Employees and Others Concerned This Circular is issued to prescribe the new BIR Form No. 1701A, hereto attached as Annex "A" in relation to the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. The new return shall be used by the Individuals Earning Income PURELY from Business/Profession, who are under the graduated income tax rates with Optional Standard Deduction (OSD) as mode of deductions OR those who opted to avail of the 8% flat income tax rate, in filing the annual income tax return and paying the income tax due starting the year 2018 which is due on or before April 15, 2019. Taxpayer shall file and/or pay through the following mode: A. Manual Return � 1. The new return is already available under the BIR Forms-Income Tax Return section of the BIR website (www.bir.gov.ph). 2. Manual filers shall download the PDF version of the new BIR Form No. 1701A, print it and then fill out the applicable items/fields. 3. Payment of the income tax due thereon shall be made thru: a. Manual Payment- Authorized Agent Bank (AAB) located within the territorial jurisdiction of the Revenue District Office (RDO) where the taxpayer is registered In places where there are no AABs, the return shall be filed and the tax due shall be paid to the concerned Revenue Collection Officer (RCO) under the jurisdiction of the RDO using the MRCOS facility. b. Online Payment-
Thru GCash Mobile Payment (once the form becomes available in the GCash) Landbank of the Philippines (LBP) Linkbiz Portal, for taxpayers who have ATM account with LBP and/or holders of Bancnet ATM/Debit Card DBP Tax Online, for holders of VISA/Master Credit Card and/or Bancnet ATM/Debit Card B. Electronic Bureau of Internal Revenue Forms (eBIRForms) 1. The new return is already available in the Offline eBIRForms Package v7.3. 2. eBIRForms filers/individuals mentioned above shall download such eBIRForms package and use the new BIR Form No. 1701A in filing and paying the annual income tax due starting the year 2018 and which is due on or before April 15, 2019. 3. Payment of the income tax due, if any, shall be made thru: a. Manual Payment- Authorized Agent Bank (AAB) located within the territorial jurisdiction of the Revenue District Office (RDO) where the taxpayer is registered In places where there are no AABs, the return shall be filed and the tax due shall be paid to the concerned Revenue Collection Officer (RCO) under the jurisdiction of the RDO using the MRCOS facility. b. Online Payment- Thru GCash Mobile Payment (once the form becomes available in the GCash) Landbank of the Philippines (LBP) Linkbiz Portal, for taxpayers who have ATM account with LBP and/or holders of Bancnet ATM/Debit Card DBP Tax Online, for holders of VISA/Master Credit Card and/or Bancnet ATM/Debit Card C. Electronic Filing and Payment System (eFPS) 1. The new return is not yet available in the eFPS. 2. As a work-around procedure, the eFPS filers shall use the new return in the Offline eBIRForms Package v7.3 to file the annual income tax return for the year 2018. 3. Payment of the income tax due, if any, shall be made thru: a. Manual Payment- Authorized Agent Bank (AAB) located within the territorial jurisdiction of the Revenue District Office (RDO) where the taxpayer is registered
In places where there are no AABs, the return shall be filed and the tax due shall be paid to the concerned Revenue Collection Officer (RCO) under the jurisdiction of the RDO using the MRCOS facility b. Online Payment- thru GCash Mobile Payment (once the form becomes available in the GCash) Landbank of the Philippines (LBP) Linkbiz Portal, for taxpayers who have ATM account with LBP and/or holders of Bancnet ATM/Debit Card DBP Tax Online, for holders of VISA/Master Credit Card and/or Bancnet ATM/Debit 4. In case the eFPS filers had already filed and paid the income tax due for the year 2018 using the old return (BIR Form No. 1701), taxpayer is still required to file the annual income tax return using the new BIR Form No. 1701A in the Offline eBIRForms Package v7.3 and mark the return as an amended return. Taxpayer shall fill out the applicable fields/items in the new return and if there is any payment made using the old return, he/she shall indicate the amount paid in Item No. 61 (Tax Paid in Return Previously Filed, if this is an Amended Return) of the new return. If the computation resulted to a payable, taxpayer shall pay the tax still due thereon in accordance with number three (3) above of this RMC. All concerned are hereby enjoined to give this Circular as wide a publicity as possible. (Original Signed) CAESAR R. DULAY Commissioner of Internal Revenue H-2 /mariam
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