Filing ITR On April 15?

[shamashu9]

2) BIR has been known in the past to permit out-of-venue filing without penalties. However, this varies from year to year and if they will waive penalties this year, they must announce it soon. Better contact them and get a definite answer.

REVENUE MEMORANDUM ORDER NO. 3-2012

Acceptance of Out-of-District Income Tax Returns For Calendar Year 2011 Filed by Certain Government Officials and Employees

[Burkholderia]

Congratulations!

Pero hindi pa pala perfect. Kulang ka ng photocopies ng 2307. Ano ba naman yang clinic mo, tinipid ka pa? Yung mga ibang gumagawa ng 2307, tatlong kopya kaagad ang inaabot sa taxpayer para walang abala.

Anyway, I am sure you will agree with me that even though you successfully completed the process, this whole routine is burdensome and can be simplified, right?

I have to agree with both of your comments Kuya Danny. First, sa “ano ba naman yang clinic mo?” I requested for my Form 2307 since February. Come March, to my dismay, instead of a Form 2307, I received a a printed Excel file of my gross and net incomes from the secretary! I immediately texted the accountant, respectful pa din but with generous amounts of sarcasm. He then replied that he already instructed the secretary to prepare said document. But it registered to me that the secretary doesn’t know how to prepare the document. What I did was I downloaded the Excel file of 2307, filled it up, asked the secretary to double check the details and print it and have the accountant sign it. Ayun, sa awa naman ng Diyos, nakuha ko sya the next day.

I also agree that the ITR filing system in this country can still be improved so it can be less burdensome for the taxpayers, especially for the non-“identified large taxpayers”, i.e. volunteer taxpayers, those who don’t have their own accountants and those who are self-employed.

For one, I think record-keeping should be more efficient. If this is the case, Form 1905 is not needed anymore. I really don’t understand “wrong-venue-filing” and why this exists but an effective record-keeping should address this.

I haven’t tried eFPN but for me, online=convenience, so this might be a better option for me. Probably, will try this next year.

Make their website more layman-friendly (and update it regularly), their FAQ section more enlightening and the forms less tedious to answer. I initially emailed BIR about my inquiries but after 2 weeks, the answers to my questions didn’t come close to satisfactory as the answers were only “cut and paste” from the guidelines I’ve already read in their website. And their Contact service center is either non-helpful or worse, misleading (the agent that I talked to advised me to get Form 2316!)

Anyway, the burdensome process that we taxpayers encounter when we file our ITR is not an enough excuse to dissuade us from performing our duty to this country so to fellow PEXers, Avoid the rush, file your taxes before April 16, 2012.

[shamashu9]

Make their website more layman-friendly (and update it regularly), their FAQ section more enlightening and the forms less tedious to answer. I initially emailed BIR about my inquiries but after 2 weeks, the answers to my questions didn’t come close to satisfactory as the answers were only “cut and paste” from the guidelines I’ve already read in their website. And their Contact service center is either non-helpful or worse, misleading (the agent that I talked to advised me to get Form 2316!)

bir employee's can answer your queries and support their answer with the guidelines, issuances, and regulations. there should be a legal basis and it is not just a cut and paste i think. it serves as a support with legal basis

[sizzle_hot]

Hi

I was looking for sample filled up BIR forms when I stumbled into this thread. My sister has been asking me to help her fill up her 1701, but to no avail

I just want to ask which lines should I place the following info:

a. Gross Income (Compensation)
b. Personal Exemption
c. Taxable Income
d. Tax Due
e. Tax Withheld
f. Tax Payable

I've been studying the forms for days now, but, I really could not understand. Help please, anyone?

Thank you so much

[Burkholderia]

ftp://ftp.bir.gov.ph/webadmin1/zip/bir_iaf_1701.zip

BTW, there is an interactive PDF version of the new Form 1701 which you can download from the BIR and fill up yourself using Adobe Reader. However, you cannot save your data (maybe BIR did not have the budget to buy a proper license). It can do the basic arithmetic and calculate your tax due. It prints out a neat ITR on 8 1/2 x 13 sheets. It takes a while to navigate the form, though.

Even if you use this interactive form, you are still urged to review everything in the return before you sign and submit.

Hi! Try this link posted by Kuya Danny. This was very helpful because it automatically computes for the taxable income and tax due.

[sizzle_hot]

Hi! Try this link posted by Kuya Danny. This was very helpful because it automatically computes for the taxable income and tax due.

Hi

I already have a computation, I just don't know how to plot the figures in the form I don't know which is which

Thank you

[Burkholderia]

Hi

I was looking for sample filled up BIR forms when I stumbled into this thread. My sister has been asking me to help her fill up her 1701, but to no avail

I just want to ask which lines should I place the following info:

a. Gross Income (Compensation)
b. Personal Exemption
c. Taxable Income
d. Tax Due
e. Tax Withheld
f. Tax Payable

I've been studying the forms for days now, but, I really could not understand. Help please, anyone?

Thank you so much

Hi! Sorry, I forgot to mention that the nice thing with this interactive form, the fields/lines that you are required to fill out will be already highlighted so you will be guided accordinglyLine 67.

I'm not an expert in aswering the form ha but I will try to answer. Other PEXers, especially Kuya Danny, can correct me.

a. Gross compensation income (Line 51, Part V, page 3)
b. Personal exemption (Line 54, Part V, page 3)
c. Taxable Income (Line 67, Part V, page 3)
d. Tax due (Line 31, Part II, page 2)
e. Tax withheld (I'm not sure about this but if your sister's income is compensation income, then it should be at Line 35I then you should also fill out Schedule 1, Part VI, page 4, and attach BIR Form 2316-not really sure about this, sorry...)
f. Tax Payable (Lines 36, 37, 40, 41, 44)- the same value lang sa mga lines na yan if single lang siya at walang penalties

Hope this helps! But I suggest better wait for other answers from the experts.

[sizzle_hot]

Hi! Sorry, I forgot to mention that the nice thing with this interactive form, the fields/lines that you are required to fill out will be already highlighted so you will be guided accordinglyLine 67.

I'm not an expert in aswering the form ha but I will try to answer. Other PEXers, especially Kuya Danny, can correct me.

a. Gross compensation income (Line 51, Part V, page 3)
b. Personal exemption (Line 54, Part V, page 3)
c. Taxable Income (Line 67, Part V, page 3)
d. Tax due (Line 31, Part II, page 2)
e. Tax withheld (I'm not sure about this but if your sister's income is compensation income, then it should be at Line 35I then you should also fill out Schedule 1, Part VI, page 4, and attach BIR Form 2316-not really sure about this, sorry...)
f. Tax Payable (Lines 36, 37, 40, 41, 44)- the same value lang sa mga lines na yan if single lang siya at walang penalties

Hope this helps! But I suggest better wait for other answers from the experts.

Thanks! I used the interactive form that you've given me & it worked

However, I got confused. Her income is from her professional fees. Should I still use the schedule 1? Where will I place the figures indicated in her 2307s? Confused

Thank you so much

[Burkholderia]

Thanks! I used the interactive form that you've given me & it worked

However, I got confused. Her income is from her professional fees. Should I still use the schedule I? Where will I place the figures indicated in her 2307s? Thank you so much

Ah... Pareho pala kami. If from fees yung income nya, it should be declared as income from profession (and not compensation income). Her income should be sa Line 56 and Line 62 (gross income). Yung personal exemption sa Line 54 pa din. If you choose 40% Optional Standard deduction sa page 1, automatic ng lalabas yung taxable income niya. For the tax withheld, ilalagay mo siya sa Line 35G. And no need to fill out the schedule 1 kasi that's for compensation income. Basically, ang kailangan mo lang values na malaman ay yung gross income niya and the tax withheld per BIR Form 2307 and the other values will appear na. That's why I so love this form!

[sizzle_hot]

Ah... Pareho pala kami. If from fees yung income nya, it should be declared as income from profession (and not compensation income). Her income should be sa Line 56 and Line 62 (gross income). Yung personal exemption sa Line 54 pa din. If you choose 40% Optional Standard deduction sa page 1, automatic ng lalabas yung taxable income niya. For the tax withheld, ilalagay mo siya sa Line 35G. And no need to fill out the schedule 1 kasi that's for compensation income. Basically, ang kailangan mo lang values na malaman ay yung gross income niya and the tax withheld per BIR Form 2307 and the other values will appear na. That's why I so love this form!

Got it!!!

Thank you so much

[Burkholderia]

Got it!!!

Thank you so much

Welcome. Just giving back what I've learned from this thread.

[nomerdzki]

Pano kapag contractual, or consultant sa isang company? Does that count as self-employed?

Tsaka nalilito na ako, pano kung ilang buwan ka pa lang nagwo-work sa company mo, kelangan ba mag file ka na agad ng ITR mo?

This is so weird, parang dapat ang pag fill out and filing kasama sa mga dapat tinuturo sa bawat pinoy. Eh yung mismong site maraming jargon gaaah (matry nga matanong ang mga accountant friends.)

[shamashu9]

Pano kapag contractual, or consultant sa isang company? Does that count as self-employed?

Tsaka nalilito na ako, pano kung ilang buwan ka pa lang nagwo-work sa company mo, kelangan ba mag file ka na agad ng ITR mo?

This is so weird, parang dapat ang pag fill out and filing kasama sa mga dapat tinuturo sa bawat pinoy. Eh yung mismong site maraming jargon gaaah (matry nga matanong ang mga accountant friends.)

consultant? giving a professional service for a fee? you are a PROFESSIONAL taxpayer.

ITR filing every april 15, for the year 2011 na nagwork ka. deadline sa monday. april 16

[Zeantick]

Hello po. Good morning po. Itatanong ko lang po. Nagwork kasi ako sa hospital buong 2011 tapos umalis po ako nung feb 5, 2012. Ngayon buwan lang po ako ulit nakapag start mag work. Kaso wala po akong ni file na ITR nung 15? Ano po dapat kong gawin? Sorry po first job ko po kasi yun. Wala po akong idea sa pag process ng tax kasi kinakaltasan naman po ako ng halos 2k/month.Thanks po

[KuyaDanny]

Kung isa lang ang naging trabaho mo noong 2011, baka pwede ka sa substituted filing. Humingi ka ng Form 2316 galing sa dating employer mo. Subukan mong mag-compute ng tax mo at kung lumalabas na wala ka nang karagdagang babayaran (dahil nakaltas na lahat noong 2011) at hindi sobra ang nakaltas sa iyo, wala ka nang dapat pang gawin.

Ngayon kung meron kang refund o kailangan mo pang magbayad, gumawa ka ng ITR at i-file mo kaagad. May multa na yon dahil nakalipas na ang April 16.

[Zeantick]

Kung isa lang ang naging trabaho mo noong 2011, baka pwede ka sa substituted filing. Humingi ka ng Form 2316 galing sa dating employer mo. Subukan mong mag-compute ng tax mo at kung lumalabas na wala ka nang karagdagang babayaran (dahil nakaltas na lahat noong 2011) at hindi sobra ang nakaltas sa iyo, wala ka nang dapat pang gawin.

Ngayon kung meron kang refund o kailangan mo pang magbayad, gumawa ka ng ITR at i-file mo kaagad. May multa na yon dahil nakalipas na ang April 16.

Sir, pwede ba sariling mag compute? parang wala po akong oras makabisita dun sa hospital kasi Mon to Fri work ko po. Pero i try ko po makisuyo sa mga katrabaho ko. Itatanong ko lang po, yung sa pag compute po ng income tax, i add ko lang po ba lahat ng kinita ko? Kasama po ba OT pay, Holiday pay na pumasok, yung mga benefits like 13th month at bigas na converted sa cash quarterly? Tapos ibabawas ko lang po sa gross yung 50k dahil single at yung mga SSS, PhilHealth, Pag-ibig contribution? Tama po ba? I dededuct ko rin po ba yung mga Union fees?(e.g., kapag namatayan yung isang katrabaho automatic deduct po ng 100 sa cut off)?

Ngayon po na lumipat po ako sa kaibigan ng mama ko, sabi po nya ako na daw sarili mag aayos ng tax kasi personal daw po yun. Next april 15th ko po ba aayusin yung tax or dapat buwan buwan maghulog din sa Accredited bank?

maraming maraming salamat po

[KuyaDanny]

DAPAT sariling mag-compute, dahil kung mali ang computation ng employer mo, ikaw pa rin ang sabit. Kaya kailangan mo ang 2316 dahil may pirma yan ng employer mo at dapat ang pigura diyan ni-report nila sa BIR noong mag-remit sila ng kinaltas sa sahod mo.

Basahin mo na lang nang mabuti ang ITR form para malaman mo kung ano ang dapat ideklara at kung ano ang exempt. Sa mga nilista mo, yung 13th month hindi na taxable basta hindi hihigit sa P30,000, at yung bigas hindi na taxable basta hindi hihigit sa P1,500 bawat buwan. Yung union fees hindi pwedeng ibawas sa taxable income.

Yung tax mo ngayon sa kaibigan ng mamam mo para sa 2012 na. Kailangan mong ayusin sa April 15 2013 ang ITR.

[heung]

pwede pa ba mag file ng ITR ngayon? pahabol para sa year 2011


thanks in advance...

[KuyaDanny]

Pwede basta magbayad ka ng multa (late filing).

[heung]

@kuya danny

how much kaya ang multa? depende kung magkano ang idedeklara or may fix na silang amount for late filing?


thanks