Web1701A January 2024 Page 1 Annual Income Tax Return Individuals Earning Income PURELY from Business/Profession [Those under the graduated income tax rates with OSD as mode of deduction OR those who opted to avail of the 8% flat income tax rate] Enter all required information in CAPITAL LETTERS using BLACK ink. Mark applicable boxes … Weba. Understand the concept of annual income tax for purely self-employed individuals or professionals using BIR Form 1701A under 40% OSD option; b. Determine whether or not submit Annual ITR using BIR Form 1701A; c. Identify some tax updates under TRAIN Law in preparation of BIR Form 1701A under 40% OSD option; d.

TRAIN’s New 8% Tax – Does it really save you money?

WebNow with the deadline for ITR 1701A fast approaching, I believe I have exceeded more than 400,000. So on top of the taxes I paid 3rd quarter, I'll also pay the one for annual which … WebHere's the step-by-step process of how you can have your ITR if you're a freelancer in the Philippines: Head to BIR's website and download BIR Form No. 1701, which is titled … tagged picture

BIR questions help : r/taxPH

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