Prepared by: Marivic A. Galban Office of the Commissioner Revenue Regulations No. 2-2011.

Prepared by: Marivic A. Galban Office of the Commissioner

Revenue Regulations No. 2-2011


SEC. 1. Background These Regulations are issued in

order to prescribe the returns to be filed by taxpayers in compliance with their duty to report income under the law. DLN:

Fill in all applicable spaces. Mark all appropriate boxes with an “X”. 1 For the Year 2 Amended Return 3 No. of sheets attached 4 Compensation Earner

(YYYY) Yes No Marginal Income Earner

Part I B a c k g r o u n d I n f o r m a t i o n Taxpayer/Filer Spouse5 TIN 6 RDO 7 TIN 8 RDO

Code Code9 Taxpayer's Name (Last Name, First Name, Middle Name) 10 Spouse's Name (Last Name, First Name, Middle Name)

11 Registered Address 12 Registered Address

13 Date of Birth (MM/DD/YYYY) 14 Zip Code 15 Telephone Number 16 Date of Birth (MM/DD/YYYY) 17 Zip Code 18 Telephone Number

19 Exemption Status 19A Number of Qualif ied 19B Is the w ife claiming the additional exemption for Single Married Married Dependent Children qualif ied dependent children? Yes No

PART II Computation of Tax Taxpayer/Filer Spouse

20 Gross Taxable Compensation Income (Schedule 1) 20A 20B

Other Taxable Income (Non-business/Non-profession IncomeIncluding Net Income of Marginal Income Earners)

21 21A 21B

22 22A 22B

23 Gross Taxable Income (Sum of Items 20A, 21A, 22A/20B, 21B, 22B) 23A 23B

24 Less:Total Personal & Additional Exemptions (Schedule 2) 24A 24B Premium paid on Health and/or Hospitalization Insurance

not to exceed P2,400 per year. (See Instructions)

Total (Sum of Items 24A & 24C / 24B & 24D) 24E 24F

26 Tax Due 26A 26B

27 Less:Tax Credits/Payments

Tax Withheld Per BIR Form No. 2316 27A 27B

Foreign Tax Credits 27C 27D

Tax Paid in Return Previously Filed, if this is an amended return 27E 27F Other Payment/s Made (please attach proof of payment

BIR Form. No. 0605)

Total Tax Credits/Payments (Sum of Items 27A,27C,27E, 27G/ 27I 27J 27B,27D, 27F,27H)

28 Tax Payable/(Overpayment)(Item 26A less Item 27I / Item 26B less Item 27J ) 28A 28B

29 Add: Penalties

Surcharge 29A 29B

Interest 29C 29D

Compromise 29E 29F

30 Total Amount Payable/(Overpayment)(Sum of Items 28A & 29G / 28B & 29H)

Aggregate Amount Payable/(Overpayment)(Sum of Items 30A & 30B) 30C

31 Less: Amount Paid in this Return/First Installment 31

32 Amount Still Due on or before July 15, if taxpayer is allow ed to pay by installment 32

I declare, under the penalties of perjury, that this return has been made in good faith, verif ied by me, and to the best of my know ledge and belief,is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and regulations issued under authority thereof.

` 33

Taxpayer/Authorized Agent (Signature over Printed Name)

Community Tax Certif icate No. Place of Issue Date of Issue (MM/DD/YYYY) Amount

34 35 36 37

Part III D e t a i l s o f P a y m e n t Drawee Bank/ Date

Particulars Agency Number MM DD YYYY Amount38 Cash/Bank 38A 38B 38C 38D

Debit Memo

39 Check 39A 39B 39C 39D

40A 40B 40C

41 Others 41A 41B 41C 41D

Machine Validation/Revenue Official Receipt Details (If not f iled w ith the bank)

Taxable Income (Item 23A less Item 24E/ Item 23B less Item 24F)25 25A

29H 29G Total Penalties (Sum of Items 29A, 29C & 29E / 29B, 29D & 29F)

30A 30B

Stamp of Receiving Office/

24D 24C

27G 27H

AAB and Date of Receipt

(RO's Signature/Bank

25B

Teller's Initial)

40 Tax Debit Memo

BIR Form No.Republika ng PilipinasKagawaran ng Pananalapi

Kawanihan ng Rentas InternasFor Individuals Earning Compensation Income and Marginal Income (Including Non-Business / Non-Profession Related Income)

Annual IncomeTax Return

July 2008 (ENCS)

1700

I I 0 1 1I I 0 4 0

ATC

Other Income/Earnings I I 0 4 1

DLN: Taxpayer PSOC: PSIC : Spouse PSOC: PSIC :

Fill in all applicable spaces. Mark all appropriate boxes with an “X”. 1 For the Year (YYYY) 2 Amended Return? 3 No. of Sheet/s Attached

Yes NoPart I Background Information Taxpayer/Filer Spouse4 TIN 5 RDO 6 TIN 7 RDO

Code Code8 Taxpayer's Name (For Individuals)(Last Name, First Name, M iddle Name) (Estates & Trusts)9 Spouse's Name (Last Name, First Name, Middle Name) (If applicable)



18 Line of Business/Occupation 19 ATC Compensation 20 Line of Business/Occupation 21 ATC CompensationBusiness Business

Mixed Income Mixed Income22 Method of Deduction 23 Method of Deduction

Itemized Deduction 40% Optional Standard Deduction Itemized Deduction 40% Optional Standard Deduction24 Exemption Status Number of Qualif ied Is the w ife claiming the additional exemption for

Single Married Dependent Children qualif ied dependent children? Yes No

25 Are you availing of tax relief under Special Law /International Tax Treaty? Yes No If yes, specifyPart II Computation of Tax

Taxpayer/Filer Spouse


27 Less: Deductions P remium P aid on Health and/or Hospitalization Insurance not to exceed P 2,400 per year.

Personal and Additional Exemptions 27C 27C 27D 27D

Total Deductions (Sum of 27A & 27C/27B & 27D) 27E 27E 27F 27F

28 Taxable Compensation Income/(excess of Deductions over Taxable 28A 28A 28B 28BCompensation Income) (26A less 27E/26B less 27F)

29 Sales/Receipts/Revenues/Fees (Schedule 2) 29A 29A 29B 29B30 Less: Cost of Sales/Services (Schedule 3/4)

(For Taxpayer Availing of Itemized Deduction)

31 Gross Tax able Business/Profession Income (29A less 30A /29B less 30B)31A 31A 31B 31B

32 Add: Other Taxable Income (Schedule 5) 32A 32A 32B 32B

33 Total (Sum of 31A & 32A/31B & 32B) 33A 33A 33B 33B34 Less: Allow able Deductions

Optional Standard Deduction (Sch. 6) or Itemized Deductions (Sch. 7)34A 34A 34B 34B

35 Net Income (33A less 34A/33B less 34B) 35A 35A 35B 35B36 Less: Ex cess of Deduction ov er Tax able Compensation Income

(from Item 28A/28B) or the total deductions under line 36B27E/27F, if there is no compensation Income

37 Taxable Business Income (35A less 36A/35B less 36B) 37A 37A 37B 37B

38 Total Taxable Income(Sum of Items 28A & 37A/28B & 37B 38A 38A 38B 38Bif line 28 results to taxable income, otherwise, 37A/37B)

39 Tax Due 39A 39A 39B 39B40 Less: Tax Credits/Payments

40A/B Prior Years' Excess Credits 40A 40A 40B 40B

40C/D Tax Payments for the First Three Quarters 40C 40C 40D 40D

40E/F Creditable Tax Withheld for the First Three Quarters 40E 40E 40F 40F

40G/H Creditable Tax Withheld Per BIR Form No. 2307 for the 4th Qtr.40G 40G 40H 40H

40I/J Tax Withheld Per BIR Form No. 2316 40I 40I 40J 40J

40K/L Foreign Tax Credits 40K 40K 40L 40L

40M/N Tax P aid in Return P reviously Filed, if this is an Amended Return40M 40M 40N 40N

40O/P Other P ayment/s made (pls. attach proof of payment-BIR Form No. 0605)40O 40P

40Q/R Total Tax Credits/P ayments(Sum of 40A,C,E,G,I,K,M,O/40B,D,F,H,J ,L,N,P )40Q 40O 40R 40P

41 Tax P ayable/(Overpayment) (Item 39A less 40Q/39B less 40R) 41A 41A 41B 41B

42 Add: Penalties Surcharge 42A 42A 42B 42B

Interest 42C 42C 42D 42D

Compromise 42E 42E 42F 42F

Total Penalties (Sum of Items 42A,C,E/42B,D,F) 42G 42G 42H 42H

43 Total Amount Payable/ (Overpayment) (Sum of Items 41A,42G/41B, 42H)43A 43A 43B 43B

Aggregate amount Payable/(Overpayment)(Sum of Items 43A & 43B) 43C 43C

If overpayment mark one box only: To be refunded To be Issued a Tax Credit Certif icate To be carried over as tax credit next year/quarterPart III D e t a i l s o f P a y m e n t

Drawee Bank/ DateParticulars Agency Number MM DD YYYY Amount

44 Cash/Bank 44A 44B 44C 44D

Debit Memo45 Check 45A 45B 45C 45D

46 Tax Debit Memo 46A 46B 46C


Machine Validation/Revenue Off icial Receipt Details (If not f iled w ith the bank)

24A 24B

27A 27B

Stamp of Receiving Off ice/AABand Date of Receipt (RO's

Signature/Bank Teller's Initial)

30A 30B

36A 36B

For Self-Employed Individuals, Estates, and Trusts(Including those w/ both Business & Compensation Income)

1701Republika ng Pilipinas

Kagawaran ng Pananalapi

Kawanihan ng Rentas Internas

BIR Form No.Annual Income

Tax ReturnJuly, 2008 (ENCS)

I I 0 1 3

I I 0 1 1I I 0 1 2

I I 0 1 1

I I 0 1 2I I 0 1 3


SEC. 2. Scope Pursuant to Section 244 in relation to

Sections 6(H), 51(A)(1), 51(A)(2), 51(A)(3) and 65 of the NIRC of 1997 (Tax Code), as amended, these Regulations are hereby promulgated to prescribe the filing of: Income Tax Return (ITR)

and/or

Annual Information Return (AIR)


Legal BasisSec. 244 - Authority of the Secretary of Finance

to Promulgate Rules and Regulations.Sec. 6 (H) - Authority of the Commissioner to

Prescribe Additional Procedural or Documentary Requirements

Sec. 51(A)(1) – Individuals required to file ITRSec. 51(A)(2) – Individuals not required to file ITRSec. 51(A)(3) – The foregoing notwithstanding, any

individual not required to file income tax return may nevertheless be required to file an information return pursuant to rules and regulations prescribed by the Secretary of Finance, upon recommendation of the Commissioner.


SEC. 2. Scope Filing by certain INDIVIDUAL

Citizens, (including estates and trusts),

Resident aliens, and

Non-resident aliens engaged in trade or business in the Philippines.


SEC. 3. Filing of ITR with AIR

Starting with taxable year 2010, individuals, estates and trusts required under the law and existing issuances to

file an ITR should file said ITR together with the AIR (BIR Form No. 1705 – Annex “A”).


SEC. 3. Filing of ITR with AIR

DLN: Taxpayer PSOC: PSIC : Spouse PSOC: PSIC :



Code Code8 Taxpayer's Name (For Individuals)(Last Name, First Name, M iddle Name) (Estates & Trusts)9 Spouse's Name (Last Name, First Name, Middle Name) (If applicable)





Itemized Deduction 40% Optional Standard Deduction Itemized Deduction 40% Optional Standard Deduction24 Exemption Status Number of Qualif ied Is the w ife claiming the additional exemption for

Single Married Dependent Children qualif ied dependent children? Yes No




















40C /D Tax Payments for the First Three Quarters 40C 40C 40D 40D





40M/N Tax P aid in Return P reviously Filed, if this is an Amended Return40M 40M 40N 40N

40O/P Other P ayment/s made (pls. attach proof of payment-BIR Form No. 0605)40O 40P

40Q/R Total Tax Credits/P ayments(Sum of 40A,C,E,G,I,K,M ,O/40B,D,F,H,J ,L,N,P )40Q 40O 40R 40P

41 Tax P ayable/(Overpayment) (Item 39A less 40Q/39B less 40R) 41A 41A 41B 41B






Aggregate amount Payable/(Overpayment)(Sum of Items 43A & 43B) 43C 43C

If overpayment mark one box only: To be refunded To be Issued a Tax Credit Certif icate To be carried over as tax credit next year/quarterPart III D e t a i l s o f P a y m e n t






Machine Validation/Revenue Official Receipt Details (If not f iled w ith the bank)

24A 24B

27A 27B

Stamp of Receiving Office/AABand Date of Receipt (RO's


30A 30B

36A 36B







I I 0 1 3

I I 0 1 1I I 0 1 2

I I 0 1 1

I I 0 1 2I I 0 1 3

(To be f illed up by the BIR )

DLN: PSIC: PSOC:

Fill in all applicable spaces. Mark all appropriate boxes w ith an "X". TO BE FILED IN THREE (3) COPIES: 1) BIR FILE COPY 2) BIR ENCODING COPY 3) TAXPAYER FILE COPY

1 For the Year 2 Category Self-employed/ 3 Status 4 Amended 5 ATC (YYYY) Professional Return?

Part I

6 Taxpayer Identification 7 RDO 8 Taxpayer Identification 9 RDO

Number (TIN) Code Number (TIN) Code10 Taxpayer's Name/Name of Decedent/Trust Account (If Individual-Last Name, First Name, Middle Name) 11 Spouse's Name (Last Name, First Name, Middle Name)


14 Contact Number 15 E-mail Address 16 Line of Business 17 Contact Number 18 E-mail Address 19 Line of Business

20 Name of Administrator / Trustee (For Estates and Trusts) (If Individual-Last Name, First Name, Middle Name) 21 Taxpayer Identification Number (TIN) 22 Contact Number

23 Registered Address 24 E-mail Address

25 Name of Trustor (For Estates and Trusts) (If Individual-Last Name, First Name, Middle Name) 26 Taxpayer Identification Number (TIN) 27 Contact Number


Part II

30 Passive Income (Schedule 1)

31 Sale/Exchange of Real Properties (Schedule 2)

32 Properties Received thru Gifts, Bequests, and Devises (Schedule 3)

33 Other Sources (Schedule 4)

34 Total (Sum of Items 30A to 33A)

Part IIISchedule 1

35 Interests 35A 35B 35C 35D 35E

35F 35G 35H 35I 35J

35K 35L 35M 35N 35O

36 Royalties 36A 36B 36C 36D 36E

36F 36G 36H 36I 36J

37 Dividends 37A 37B 37C 37D 37E

37F 37G 37H 37I 37J

38 Prizes and Winnings 38A 38B 38C 38D 38E

38F 38G 38H 38I 38J

Other Passive Income (specify)

39 39A 39B 39C 39D 39E

40 40A 40B 40C 40D 40E

41 41A 41B 41C 41D 41E

42 Total Amount of Income (Sum of Items 35C, 35H, 35M, 36C, 36H, 37C, 37H, 38C, 38H, 39C, 40C, & 41C) (To Item 30A ) 42A

BIR Form No. 1705 - page 2

Schedule 2

43 43A 43B 43C 43D 43E 43F 43G

44 44A 44B 44C 44D 44E 44F 44G

45 45A 45B 45C 45D 45E 45F 45G

46 Total (Sum of Item 43E, 44E & 45E) (To Item 31A) 46A

Schedule 3

47 47A 47B 47C 47D 47E 47D 47G

48 48A 48B 48C 48D 48E 48D 48G

49 49A 49B 49C 49D 49E 49D 49G

50 Total Properties Received thru Gifts, Bequests, and Devises (Sum of Items 47E, 48E & 49E) (To Item 32A) 50A

Schedule 4

51 Fringe Benefits 51A 51B 51C 51D

52 Compensation subject to 15% Preferential Rate 52A 52B 52C 52D

53 Proceeds of Life Insurance Policy 53A 53B 53C 53D

54 Return of Premium 54A 54B 54C 54D

55 Retirement Benefits, Pensions, Gratuities, etc. 55A 55B 55C 55D

56 Stock Transactions 56A 56B 56C 56D

Other Source (specify)

57 57A 57B 57C 57D 57E

58 58A 58B 58C 58D 58E

59 Total Other Sources (Sum of Items 51C, 52C, 53C, 54C, 55C, 56C, 57C & 58C) (To Item 33A) 59A

Part IV - For Estates and Trust (Engaged in Trade and Business) Payments to Heirs/Beneficiaries (attach additional sheet/s if necessary)

60 60A 60B 60C

61 61A 61B 61C

62 62A 62B 62C

63 Total Payment to Heirs/Beneficiaries (Sum of Items 60B, 61B, 62B & 63B) 63A

I declare, under the penalties of perjury, that this return has beeen made in good faith, verified by me, and to the best of my knowledge and belief, is true and correct, pursuant Stamp of Receiving Office andto the provis ions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.

64

Issue DateExpiry Date

ANNEX "A"

Market Value

Name

Description (e.g., land, building, improvement)

OCT/TCT/CCT/ Tax Dec. No.

Certif icate Authorizing Registration(CAR) No.

Tax Paid

Book Value Withheld/Paid Tax Paid, if any


Final Tax Withheld/Paid Exempt

Yes No

34A

Schedules

Sale/Exchange of Real Properties (attach additional sheet/s, if necessary)Selling Price/Fair Creditable/Final Tax Capital Gains

Passive Income (Note: If income is tax-exempt, place "X" under the Exempt column) (attach additional sheet/s, if necessary)

TAXPAYER/FILER SPOUSE

30A

31A

32A

Nature of Income

33A

Source TIN

Cost and Expenses/Gain/Loss

Employee Trust Single MarriedEstate

Amount of Income

Background Information

Gross Amount of Income/Receipts

Actual/Fair Market Value Exempt(e.g., inheritance, donation etc.)

Properties Received thru Gifts, Bequests, and Devises (Note: If income is tax exempt, place "X" under the Exempt column) (attach additional sheet/s, if necessary)

Properties Received Source TIN of Source Mode of Transfer

Other Sources (Taxable/Non -Taxable) (Note: If income is tax exempt, place "X" under the Exempt column) (attach additional sheet/s, if necessary)Description Source TIN Amount Creditable/Final Tax Withheld/Paid Exempt

Date of Receipt

Signature over Printed Name of Taxpayer/Authorized Representative (attach authorization)/

Accredited Tax Agent (ATA)

Position and TIN of Authorized Representative/ATA ATA Accreditation No./Atty's Roll No. (if applicable)

Tax WithheldAmountTaxpayer Identification Number (TIN)

Annual Information ReturnRepublika ng PilipinasKagawaran ng PananalapiKawanihan ng Rentas Internas

(For Individual Taxpayers, Estates and Trusts)March 2011

BIR Form No.

1705All information must be written in CAPITAL LETTERS

DLN:

Fill in all applicable spaces. Mark all appropriate boxes with an “X”. 1 For the Year 2 Amended Return 3 No. of sheets attached 4 Compensation Earner

(YYYY) Yes No Marginal Income Earner

Part I B a c k g r o u n d I n f o r m a t i o n Taxpayer/Filer Spouse5 TIN 6 RDO 7 TIN 8 RDO

Code Code9 Taxpayer's Name (Last Name, First Name, Middle Name) 10 Spouse's Name (Last Name, First Name, Middle Name)



19 Exemption Status 19A Number of Qualif ied 19B Is the w ife claiming the additional exemption for Single Married Married Dependent Children qualif ied dependent children? Yes No

PART II Computation of Tax Taxpayer/Filer Spouse


Other Taxable Income (Non-business/Non-profession IncomeIncluding Net Income of Marginal Income Earners)

21 21A 21B

22 22A 22B

23 Gross Taxable Income (Sum of Items 20A, 21A, 22A/20B, 21B, 22B) 23A 23B

24 Less:Total Personal & Additional Exemptions (Schedule 2) 24A 24B Premium paid on Health and/or Hospitalization Insurance

not to exceed P2,400 per year. (See Instructions)

Total (Sum of Items 24A & 24C / 24B & 24D) 24E 24F

26 Tax Due 26A 26B

27 Less:Tax Credits/Payments

Tax Withheld Per BIR Form No. 2316 27A 27B

Foreign Tax Credits 27C 27D

Tax Paid in Return Previously Filed, if this is an amended return 27E 27F Other Payment/s Made (please attach proof of payment

BIR Form. No. 0605)

Total Tax Credits/Payments (Sum of Items 27A,27C,27E, 27G/ 27I 27J 27B,27D, 27F,27H)

28 Tax P ayable/(Overpayment)(Item 26A less Item 27I / Item 26B less Item 27J ) 28A 28B

29 Add: Penalties

Surcharge 29A 29B

Interest 29C 29D

Compromise 29E 29F

30 Total Amount Payable/(Overpayment)(Sum of Items 28A & 29G / 28B & 29H)

Aggregate Amount Payable/(Overpayment)(Sum of Items 30A & 30B) 30C

31 Less: Amount Paid in this Return/First Installment 31

32 Amount Still Due on or before July 15, if taxpayer is allow ed to pay by installment 32

I declare, under the penalties of perjury, that this return has been made in good faith, verif ied by me, and to the best of my know ledge and belief,is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and regulations issued under authority thereof.

` 33

Taxpayer/Authorized Agent (Signature over Printed Name)

Community Tax Certif icate No. Place of Issue Date of Issue (MM/DD/YYYY) Amount

34 35 36 37

Part III D e t a i l s o f P a y m e n t Draw ee Bank/ Date

Particulars Agency Number MM DD YYYY Amount38 Cash/Bank 38A 38B 38C 38D

Debit Memo

39 Check 39A 39B 39C 39D

40A 40B 40C


Machine Validation/Revenue Off icial Receipt Details (If not f iled w ith the bank)

Taxable Income (Item 23A less Item 24E/ Item 23B less Item 24F)25 25A

29H 29G Total Penalties (Sum of Items 29A, 29C & 29E / 29B, 29D & 29F)

30A 30B

Stamp of Receiving Office/

24D 24C

27G 27H

AAB and Date of Receipt

(RO's Signature/Bank

25B

Teller's Initial)

40 Tax Debit Memo

BIR Form No.Republika ng PilipinasKagawaran ng Pananalapi

Kawanihan ng Rentas InternasFor Individuals Earning Compensation Income and Marginal Income (Including Non-Business / Non-Profession Related Income)

Annual IncomeTax Return

July 2008 (ENCS)

1700

I I 0 1 1I I 0 4 0

ATC

Other Income/Earnings I I 0 4 1

(To be f illed up by the BIR )DLN: PSIC: PSOC:

Fill in all applicable spaces. Mark all appropriate boxes with an "X". TO BE FILED IN THREE (3) COPIES: 1) BIR FILE COPY 2) BIR ENCODING COPY 3) TAXPAYER FILE COPY


Part I









Part II






Part IIISchedule 1


35F 35G 35H 35I 35J

35K 35L 35M 35N 35O


36F 36G 36H 36I 36J


37F 37G 37H 37I 37J


38F 38G 38H 38I 38J


39 39A 39B 39C 39D 39E

40 40A 40B 40C 40D 40E

41 41A 41B 41C 41D 41E


BIR Form No. 1705 - page 2Schedule 2

43 43A 43B 43C 43D 43E 43F 43G

44 44A 44B 44C 44D 44E 44F 44G

45 45A 45B 45C 45D 45E 45F 45G


Schedule 3

47 47A 47B 47C 47D 47E 47D 47G

48 48A 48B 48C 48D 48E 48D 48G

49 49A 49B 49C 49D 49E 49D 49G


Schedule 4








57 57A 57B 57C 57D 57E

58 58A 58B 58C 58D 58E



60 60A 60B 60C

61 61A 61B 61C

62 62A 62B 62C


I declare, under the penalties of perjury, that this return has beeen made in good faith, verified by me, and to the best of my knowledge and belief, is true and correct, pursuant Stamp of Receiving Office andto the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.

64


ANNEX "A"

Market Value

Name




Tax Paid




Yes No

34A

Schedules




30A

31A

32A

Nature of Income

33A

Source TIN



Amount of Income







Date of Receipt







BIR Form No.


or

ALL INDIVIDUALS required to file ITR must attach AIR starting taxable year 2010.


SEC. 3. Filing of ITR with AIR AIR shall include:

Income subject to FINAL withholding tax and

EXCLUSIONS from gross income under Section 32(B) of the Tax Code, as amended.

(To be filled up by the BIR )DLN: PSIC: PSOC:



Part I

6 Taxpayer Identification 7 RDO 8 Taxpayer Identification 9 RDONumber (TIN) Code Number (TIN) Code

10 Taxpayer's Name/Name of Decedent/Trust Account (If Individual-Last Name, First Name, Middle Name) 11 Spouse's Name (Last Name, First Name, Middle Name)







Part II




33 Other Sources (Schedule 4)34 Total (Sum of Items 30A to 33A)

Part IIISchedule 1


35F 35G 35H 35I 35J

35K 35L 35M 35N 35O


36F 36G 36H 36I 36J


37F 37G 37H 37I 37J


38F 38G 38H 38I 38J


39 39A 39B 39C 39D 39E

40 40A 40B 40C 40D 40E

41 41A 41B 41C 41D 41E



43 43A 43B 43C 43D 43E 43F 43G

44 44A 44B 44C 44D 44E 44F 44G

45 45A 45B 45C 45D 45E 45F 45G


Schedule 3

47 47A 47B 47C 47D 47E 47D 47G

48 48A 48B 48C 48D 48E 48D 48G

49 49A 49B 49C 49D 49E 49D 49G


Schedule 4







Other Source (specify)57 57A 57B 57C 57D 57E

58 58A 58B 58C 58D 58E



60 60A 60B 60C

61 61A 61B 61C

62 62A 62B 62C



64


ANNEX "A"

Market Value

Name



Certificate Authorizing Registration(CAR) No.

Tax Paid




Yes No

34A

Schedules




30A

31A

32A

Nature of Income

33A

Source TIN



Amount of Income







Date of Receipt







BIR Form No.


New BIR Form No. 1705


SCHEDULES in the AIRGross Amount of Income / Receipts

Amount

30

Passive Income (Schedule 1)

31

Sale/Exchange or Real Property (Schedule 2)

32

Properties Received thru Gifts, Bequests, and Devises (Schedule 3)

33

Other Sources (Schedule 4)

34

TOTAL





Part I









Part II






ANNEX "A"

Yes No

34A


30A

31A

32A

33A






BIR Form No.



Part IIISchedule 1


35F 35G 35H 35I 35J

35K 35L 35M 35N 35O


36F 36G 36H 36I 36J


37F 37G 37H 37I 37J


38F 38G 38H 38I 38J


39 39A 39B 39C 39D 39E

40 40A 40B 40C 40D 40E

41 41A 41B 41C 41D 41E



Schedules


Nature of Income Source TIN

Amount of Income

Schedule 2

43 43A 43B 43C 43D 43E 43F 43G

44 44A 44B 44C 44D 44E 44F 44G

45 45A 45B 45C 45D 45E 45F 45G


Schedule 3

47 47A 47B 47C 47D 47E 47D 47G

48 48A 48B 48C 48D 48E 48D 48G

49 49A 49B 49C 49D 49E 49D 49G


Market ValueDescription (e.g., land, building, improvement)



Tax Paid



Sale/Exchange of Real Properties (attach additional sheet/s, if necessary)Selling Price/Fair Creditable/Final Tax Capital GainsCost and Expenses/

Gain/Loss





Schedule 4








57 57A 57B 57C 57D 57E

58 58A 58B 58C 58D 58E



60 60A 60B 60C

61 61A 61B 61C

62 62A 62B 62C



64


Name


Date of Receipt






INDIVIDUALS REQUIRED TO FILE ITR BIR Form No. 1701

The following INDIVIDUALS shall file BIR Form No. 1701 regardless of the amount of gross income:

1.Resident Citizen engaged in trade, business, or practice of profession within or without the Philippines.

2.Resident alien, non-resident citizen or non-resident alien individual engaged in trade, business or practice of profession within the Philippines.

3. Estates and trusts engaged in trade or business, regardless of the amount of gross income.

4. Estates and trusts not engaged in trade or business and whose income has been subjected to final withholding tax pursuant to Section 57(A) of the Tax Code, as amended, as implemented RR No. 2-98.


1. Individuals with two or more employers concurrently or successively at anytime during the taxable year.

2. Employees whose income tax has not been withheld correctly resulting to collectible or refundable return.

3. Employees whose monthly gross income does not exceed P5,000.00 or the statutory minimum wage, whichever is higher, and opted for non-withholding of tax on said income.

Individuals required to file ITR (BIR Form No.

1700/1701) and NOT qualified for substituted filing (RR 3-2002, as amended)

Note : Under RA 9504, MINIMUM WAGE EARNERS shall be exempt from the payment of income tax on their statutory minimum wage, including holiday pay, overtime pay, night shift differential pay and hazard pay.


4. Individuals deriving other non-business, non-profession-related income in addition to compensation income not otherwise subject to a final tax.

5. Individuals receiving purely compensation income from a single employer whose income tax has been correctly withheld but whose spouse does not qualify for substituted filing.


1700/1701) and NOT qualified for substituted filing (RR 3-2002, as amended )


6. Non-resident aliens engaged in trade or business in the Philippines deriving purely compensation income or compensation income and other non-business, non-professional-related income.

Note: In case of married individuals who are still required to file returns, only ONE RETURN FOR THE TAXABLE YEAR SHALL BE FILED by either of the spouses to cover income of both. It shall be SIGNED BY HUSBAND AND WIFE unless physically impossible to do so, in which case, signature of one of the spouses would suffice.


1700/1701) and NOT qualified for substituted filing (RR 3-2002, as amended )


SEC. 4. Filing of AIR onlya) An individual with respect to pure compensation income,

as defined in Section 32(A)(1), derived from sources within the Philippines, the income tax on which has been correctly withheld under the provisions of Section 79 of the Tax Code, as amended, whose ANNUAL TAXABLE INCOME EXCEEDS P500,000.00*: Provided, That an individual deriving compensation concurrently from two

or more employers at any time during the taxable year shall file an income tax return;

b) Individuals, estates and trusts whose sole income has been subjected to final withholding tax under Section 57 (A) of the Tax Code, as amended, with aggregate FINAL TAX WITHHELD EXCEEDING P125,000.00* ANNUALLY, whether or not remitted to the BIR; and

c) Individuals whose sole income is exempt from income tax and WHOSE TOTAL ANNUAL INCOME (EXEMPT) exceeds P500,000.00*.

• Graduated Schedule of Income Tax Rates for Individuals under Sec 24A • Taxable income Over 500,000 taxable income ---- with income tax of P125,000 + 32% of the excess


SEC. 4. Filing of AIR onlya. pure compensation

income

b. sole income has been subjected to final withholding tax

c. sole income is exempt from income tax

a. ANNUAL TAXABLE INCOME EXCEEDS P500,000.00

b. aggregate FINAL TAX WITHHELD EXCEEDING P125,000.00 ANNUALLY

c. TOTAL ANNUAL INCOME (EXEMPT) exceeds P500,000.00


On sole income has been subjected to final withholding tax under Section 57 (A) of the Tax Code

SEC. 57(A). Withholding of Tax at Source. – (A) Withholding of Final Tax on Certain

Incomes. - Subject to rules and regulations the Secretary of Finance may promulgate, upon the recommendation of the Commissioner, requiring the filing of income tax return by certain income payees, the tax imposed or prescribed by Sections 24(B)(1), 24(B)(2), 24(C), 24(D)(1); 25(A)(2), 25(A)(3), 25(B), 25(C), 25(D), 25(E), 27(D)(1), 27(D)(2), 27(D)(3), 27(D)(5), 28 (A)(4), 28(A)(5), 28(A)(7)(a), 28(A)(7)(b), 28(A)(7)(c), 28(B)(1), 28(B)(2), 28(B)(3), 28(B)(4), 28(B)(5)(a), 28(B)(5)(b), 28(B)(5)(c); 33; and 282 of this Code on specified items of income shall be withheld by payor-corporation and/or person and paid in the same manner and subject to the same conditions as provided in Section 58 of this Code.


DEFINITION for purposes of Section 4 “Fair market value” as determined in accordance with

Section 6(E) of the Tax Code, as amended, shall be used in reporting the non-cash income and receipts in the AIR.

“Individual whose compensation income has been subjected to final withholding tax” shall include aliens or Filipino citizens occupying the same positions as the alien employees, as the case may be, who are employed by: regional operating headquarters (ROHQ), regional or area headquarters (RHQ) offshore banking units (OBU), petroleum service contractors and sub-contractors, pursuant to pertinent provisions of Sections 25 (C), (D), (E),

and 57 (A), including those subject to Fringe Benefit Tax (FBT)

under Section 33 of the Tax Code, as amended, Republic Act No. 8756, Presidential Decree No. 1354, and other pertinent laws.


Are ALL pure compensation income earners with tax due equal tax withheld and qualified under substituted filing required to file AIR only?

No, only pure compensation income earners whose ANNUAL TAXABLE INCOME EXCEEDS P500,000.00 are required to file AIR only.

EXAMPLE:Gross Compensation income from Present employer

Less: Non-taxable/exempt (including 13th mo. & other benefits, de minimis benefits etc.)

GROSS TAXABLE compensation income

Less: Personal and Additional Exemption

Premium paid on health or hospitalization

insurance (if applicable)

NET TAXABLE COMPENSATION INCOME EXCEEDS P500,000Tax due

Amount of taxes Withheld BIR Form No. 1705

(AIR)

BIR Form No.

2316


BIR Form No. 2316 shall be attached to the AIR to those receiving sole compensation income whose ANNUAL TAXABLE INCOME EXCEEDS P500,000.00

An employee, single, received pure compensation income from one employer for the year with annual taxable income of P600,000 and tax due equal tax withheld scenario. She does not have any income subject to final tax or exclusions from gross income for the year. What will be attached to the AIR?




Part I









Part II






Part IIISchedule 1


35F 35G 35H 35I 35J

35K 35L 35M 35N 35O


36F 36G 36H 36I 36J


37F 37G 37H 37I 37J


38F 38G 38H 38I 38J


39 39A 39B 39C 39D 39E

40 40A 40B 40C 40D 40E

41 41A 41B 41C 41D 41E



43 43A 43B 43C 43D 43E 43F 43G

44 44A 44B 44C 44D 44E 44F 44G

45 45A 45B 45C 45D 45E 45F 45G


Schedule 3

47 47A 47B 47C 47D 47E 47D 47G

48 48A 48B 48C 48D 48E 48D 48G

49 49A 49B 49C 49D 49E 49D 49G


Schedule 4








57 57A 57B 57C 57D 57E

58 58A 58B 58C 58D 58E



60 60A 60B 60C

61 61A 61B 61C

62 62A 62B 62C



64


ANNEX "A"

Market Value

Name




Tax Paid




Yes No

34A

Schedules




30A

31A

32A

Nature of Income

33A

Source TIN



Amount of Income







Date of Receipt







BIR Form No.


DLN:

Fill in all applicable spaces. Mark all appropriate boxes with an "X"1 For the Year 2 For the Period

( YYYY ) From (MM/DD) To (MM/DD)

Part I Employee Information Part IV-BDetails of Compensation Income and Tax Withheld from Present Employer

3 Taxpayer Amount Identif ication No. A. NON-TAXABLE/EXEMPT COMPENSATION INCOME4 Employee's Name (Last Name, First Name, Middle Name) 5 RDO Code

32 Basic Salary/ 32Statutory Minimum Wage

6 Registered Address 6A Zip Code Minimum Wage Earner (MWE)

33 Holiday Pay (MWE) 336B Local Home Address 6C Zip Code

34 Overtime Pay (MWE) 34

6D Foreign Address 6E Zip Code

7 Date of Birth (MM/DD/YYYY) 8 Telephone Number 36 Hazard Pay (MWE) 36

37 13th Month Pay 379 Exemption Status and Other Benefits

Single Married9A Is the wife claiming the additional exemption for qualified dependent children? 38 De Minimis Benefits 38

Yes No

10 Name of Qualif ied Dependent Children 11 Date of Birth (MM/DD/YYYY)39 SSS, GSIS, PHIC & Pag-ibig 39

Contributions, & Union Dues

40 Salaries & Other Forms of 4012 Statutory Minimum Wage rate per day 12 Compensation

13 Statutory Minimum Wage rate per month 13 41 Total Non-Taxable/Exempt 41 Compensation Income

14 Minimum Wage Earner w hose compensation is exempt from w ithholding tax and not subject to income tax B. TAXABLE COMPENSATION INCOME

Part II Employer Information (Present) REGULAR15 Taxpayer Identif ication No. 42 Basic Salary 4216 Employer's Name

43

17 Registered Address 17A Zip Code

Main Employer Secondary Employer 45 Cost of Living Allow ance 45Part III Employer Information (Previous)18 Taxpayer 46 Fixed Housing Allow ance 46 Identif ication No.19 Employer's Name 47 Others (Specify)

47A 47A

20 Registered Address 20A Zip Code 47B 47B

SUPPLEMENTARYPart IV-A Summary 48 Commission 4821 Gross Compensation Income from

P resent Employer (Item 41 plus Item 55)22 Less: Total Non-Taxable/ 49 Profit Sharing 49

Exempt (Item 41)23 Taxable Compensation Income

from P resent Employer (Item 55) 50 Fees Including Director's 5024 Add: Taxable Compensation Fees

Income from Previous Employer25 Gross Taxable 51 Taxable 13th Month Pay 51

Compensation Income and Other Benefits26 Less: Total Exemptions

52 Hazard Pay 5227 Less: Premium Paid on Health

and/or Hospital Insurance (If applicable)

28 Net Taxable 53 Overtime Pay 53Compensation Income

29 Tax Due 54 Others (Specify)

30 Amount of Taxes Withheld 54A 54A30A Present Employer

54B 54B30B Previous Employer

55 Total Taxable Compensation 55

As adjusted IncomeWe declare, under the penalties of perjury, that this certificate has been made in good faith, verified by us, and to the best of our knowledge and belief, is true and correct

pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.56

P resent Employer/ Authorized Agent Signature Over P rinted NameCONFORME:

57 Date SignedCTC No.of Employee P lace of Issue Date of Issue

I declare, under the penalties of perjury, that the information herein stated are reported I declare,under the penalties of perjury that I am qualified under substituted filing of under BIR Form No. 1604CF which has been filed with the Bureau of Internal Revenue. Income Tax Returns(BIR Form No. 1700), since I received purely compensation income

from only one employer in the P hils. for the calendar year; that taxes have been correctly withheld by my employer (tax due equals tax withheld); that the BIR Form

58 No. 1604CF filed by my employer to the BIR shall constitute as my income tax return;and that BIR Form No. 2316 shall serve the same purpose as if BIR Form No. 1700 had been filed pursuant to the provisions of RR No. 3-2002, as amended.

59

25

26

27

28

29

21

22

23

24

30A

30B

P resent Employer/ Authorized Agent Signature Over P rinted Name(Head of Accounting/ Human Resource or Authorized Representative)

Employee Signature Over P rinted Name

Date Signed

Employee Signature Over P rinted Name Amount P aid

To be accomplished under substituted filing

Republika ng PilipinasKagawaran ng PananalapiKawanihan ng Rentas Internas 2316Certificate of Compensation

Payment/Tax WithheldFor Compensation Payment With or Without Tax Withheld July 2008 (ENCS)

BIR Form No.

3131 Total Amount of Taxes

(Employee share only)

43 Representation

44 Transportation 44

35 Night Shift Differential (MWE)35


An employee, single, received pure compensation income from one employer for the year with annual taxable income of P300,000 and tax due equal tax withheld scenario. Should she file a) ITR with AIR

or b)AIR only?

This employee need not file a) ITR with AIR or b) AIR only because the annual taxable income is only P300,000 (not exceeding P500,000) and qualified under substituted filing.

EXAMPLE:Gross Compensation income from Present employerLess: Non-taxable/exempt (including 13th mo. & other benefits, de minimis benefits etc.)GROSS TAXABLE compensation incomeLess: Personal and Additional Exemption Premium paid on health or hospitalization


NET TAXABLE COMPENSATION INCOME P300,000Tax dueAmount of taxes Withheld NOT REQUIRED TO FILE ITR WITH AIR

NOT REQUIRED TO FILE AIR ONLY


Sole income has been subjected to final withholding tax exceeds P125,000 annually

SOURCE TIN AMOUNT OF

INCOME

FINAL TAX

WITHHELD

EXEMPT

DIVIDEND

ABC COMPANY 001-002-003

1,000,000 100,000

DIVIDEND

XYZ CORP. 004-005-006

500,000 50,000

WINNINGS

EXAMPLE CORP

011-567-009

20,000 4,000

TOTAL 154,000

Example:


Sole income is exempt from income tax exceeds P500,000 annually

SOURCE TIN AMOUNT CREDITABLE/ FINAL TAX WITHHELD

EXEMPT

RETURN OF PREMIUM

PHILAMLIFE 001-001-002 200,000 X

RETIREMENT PAY

DPWH-MANILA

002-002-001 500,000 X

COMPENSATION FOR INJURIES OR SICKNESS

ETON CORP. 009-002-001 50,000 X

TOTAL 750,000


Are mixed income earners (compensation and business income)

with tax due equal tax withheld required to file AIR only? No, mixed income earners are required to file

ITR with AIR (BIR Form No. 1701) regardless of the Gross Income received.

Part II Computation of Tax Taxpayer/Filer Spouse















38 Total Taxable Income(Sum of Items 28A & 37A/28B & 37B 38A 38A 38B 38B

if line 28 results to taxable income, otherwise, 37A/37B)39 Tax Due 39A 39A 39B 39B

30B

36A 36B

27A 27B

30A


Are employees deriving compensation concurrently from two or more employers at any time during the taxable year with tax due equal tax withheld required to file AIR only? Employees with compensation concurrently from two or more

employers at any time during the taxable year with tax due equal tax withheld are required to file ITR with attached AIR regardless of the annual taxable income.

ABC UNIVERSITYJAN TO DEC TAXABLE INCOME 100,000

GALBAN UNIVERSITYJAN TO DEC TAXABLE INCOME 200,000

MARIVIC UNIVERSITYJAN TO DEC TAXABLE INCOME 100,000


Are employees with successive employers receiving pure compensation income with tax due equal tax withheld required to file AIR only? Employees with successive employers receiving pure

compensation income with tax due equal tax withheld are required to file ITR with attached AIR regardless of the Annual Taxable Income.

Example:Gross Compensation income from Present employer

Less: Non-taxable/exempt (including 13th mo. & other benefits, de minimis benefits etc.)

Taxable Income from Present Employer

Add: Taxable Income from previous employer

GROSS TAXABLE compensation income

Less: Personal and Additional Exemption

Premium paid on health or hospitalization


NET TAXABLE COMPENSATION INCOMETax due

Amount of taxes Withheld

Withheld by present employer

Withheld by previous employer

Total Amount of Taxes Withheld as adjusted

ABC CO

JAN-JUNETAXABLE INCOME p100,000

XYZ CO.

JULY-DECTAXABLE INCOME

p200,000


1. Receiving purely compensation income regardless of amount;

2. Working for only one employer in the Philippines for the calendar year;

3. Income tax has been withheld correctly by the employer (tax due equals tax withheld);

4. The employee’s spouse also complies with all the three conditions stated above;

5. Employer filed to BIR the Annual Information Returns on Income Taxes Withheld (BIR Form 1604-CF);

6. The employer issues each employee BIR Form No. 2316 (October 2002 ENCS or any later version).

Requisites for individuals qualified for substituted filing and must NOT file BIR Form No. 1700 (RR 3-2002, as amended )

Note: All of the above requisites must be present. The Annual Information Return of Income Taxes Withheld on Compensation and Final Withholding Taxes (BIR Form No. 1604-CF) filed by their respective employers duly stamped “Received”, shall be tantamount to the substituted filing of income tax returns by

said employees. BIR Form No. 2316, duly certified by both employee and employer, shall serve the same purpose as if a BIR Form No. 1700 had been filed.


Individuals not required to file ITR or those qualified for substituted filing

may file ITR

individuals not required to file ITR or those qualified for substituted filing,

may file an ITR for purposes of: loans, foreign travel requirements, Proof of financial capacity for credit card, or

other applications etc. However, if they file an ITR, they should

likewise attach a duly accomplished AIR.


SEC. 5. Filing of ITR with AIRWHAT TO FILE: ITR (BIR Form Nos. 1700 or 1701)

and/or

AIR (BIR Form No. 1705)

Number of Copies: Triplicate copies BIR file copy BIR encoding copy TAXPAYER FILE COPY

WHERE TO FILE: RDO where the individual, including estates and trusts, is required to

register or where the individual has his legal residence or place of business

WHEN : on or before the April 15 of each year covering income for the preceding taxable year.

DLN: Taxpayer PSOC: PSIC: Spouse PSOC: PSIC:



Code Code8 Taxpayer's Name (For Individuals)(Last Name, First Name, Middle Name) (Estates & Trusts)9 Spouse's Name (Last Name, First Name, Middle Name) (If applicable)





Itemized Deduction 40% Optional Standard Deduction Itemized Deduction 40% Optional Standard Deduction24 Exemption Status Number of Qualified Is the w ife claiming the additional exemption for

Single Married Dependent Children qualified dependent children? Yes No



26 Gross Taxable Compensation Income (Schedule 1) 26A 26B27 Less: Deductions

P remium Paid on Health and/or Hospitalization Insurance not to exceed P2,400 per year.


Total Deductions (Sum of 27A & 27C/27B & 27D) 27E 27E 27F 27F28 Taxable Compensation Income/(excess of Deductions over Taxable 28A 28A 28B 28B

Compensation Income) (26A less 27E/26B less 27F)



31 Gross Taxable Business/Profession Income (29A less 30A /29B less 30B)31A 31A 31B 31B




35 Net Income (33A less 34A/33B less 34B) 35A 35A 35B 35B36 Less: Excess of Deduction over Taxable Compensation Income






40C/D Tax Payments for the First Three Quarters 40C 40C 40D 40D





40M/N Tax Paid in Return P reviously Filed, if this is an Amended Return40M 40M 40N 40N

40O/P Other Payment/s made (pls. attach proof of payment-BIR Form No. 0605)40O 40P

40Q/R Total Tax Credits/Payments(Sum of 40A,C,E,G,I,K,M,O/40B,D,F,H,J ,L,N,P )40Q 40O 40R 40P

41 Tax Payable/(Overpayment) (Item 39A less 40Q/39B less 40R) 41A 41A 41B 41B






Aggregate amount Payable/(Overpayment)(Sum of Items 43A & 43B) 43C 43C If overpayment mark one box only: To be refunded To be Issued a Tax Credit Certificate To be carried over as tax credit next year/quarterPart III D e t a i l s o f P a y m e n t






Machine Validation/Revenue Official Receipt Details (If not filed w ith the bank)

24A 24B

27A 27B

Stamp of Receiving Office/AABand Date of Receipt (RO's


30A 30B

36A 36B







I I 0 1 3

I I 0 1 1I I 0 1 2

I I 0 1 1

I I 0 1 2I I 0 1 3


Fill in all applicable spaces. Mark all appropriate boxes with an "X". TO BE FILED IN THREE (3) COPIES: 1) BIR FILE COPY 2) BIR ENCODING COPY 3) TAXPAYER FILE COPY1 For the Year 2 Category Self-employed/ 3 Status 4 Amended 5 ATC

(YYYY) Professional Return?

Part I









Part II






Part IIISchedule 1


35F 35G 35H 35I 35J

35K 35L 35M 35N 35O


36F 36G 36H 36I 36J


37F 37G 37H 37I 37J


38F 38G 38H 38I 38J


39 39A 39B 39C 39D 39E

40 40A 40B 40C 40D 40E

41 41A 41B 41C 41D 41E



43 43A 43B 43C 43D 43E 43F 43G

44 44A 44B 44C 44D 44E 44F 44G

45 45A 45B 45C 45D 45E 45F 45G


Schedule 3

47 47A 47B 47C 47D 47E 47D 47G

48 48A 48B 48C 48D 48E 48D 48G

49 49A 49B 49C 49D 49E 49D 49G


Schedule 4








57 57A 57B 57C 57D 57E

58 58A 58B 58C 58D 58E



60 60A 60B 60C

61 61A 61B 61C

62 62A 62B 62C



64


ANNEX "A"

Market Value

Name




Tax Paid




Yes No

34A

Schedules




30A

31A

32A

Nature of Income

33A

Source TIN



Amount of Income







Date of Receipt







BIR Form No.


(To be f illed up by the BIR )

DLN: PSIC: PSOC:

Fill in all applicable spaces . M ark all appropriate boxes w ith an "X". TO BE FILED IN THREE (3) COPIES: 1) BIR FILE COPY 2) BIR ENCODING COPY 3) TAXPAYER FILE COPY


Part I









Part II






Part IIISchedule 1


35F 35G 35H 35I 35J

35K 35L 35M 35N 35O


36F 36G 36H 36I 36J


37F 37G 37H 37I 37J


38F 38G 38H 38I 38J


39 39A 39B 39C 39D 39E

40 40A 40B 40C 40D 40E

41 41A 41B 41C 41D 41E


BIR Form No. 1705 - page 2

Schedule 2

43 43A 43B 43C 43D 43E 43F 43G

44 44A 44B 44C 44D 44E 44F 44G

45 45A 45B 45C 45D 45E 45F 45G


Schedule 3

47 47A 47B 47C 47D 47E 47D 47G

48 48A 48B 48C 48D 48E 48D 48G

49 49A 49B 49C 49D 49E 49D 49G


Schedule 4








57 57A 57B 57C 57D 57E

58 58A 58B 58C 58D 58E



60 60A 60B 60C

61 61A 61B 61C

62 62A 62B 62C



64


ANNEX "A"

Market Value

Name




Tax Paid




Yes No

34A

Schedules




30A

31A

32A

Nature of Income

33A

Source TIN



Amount of Income







Date of Receipt





Annual Information ReturnRepublika ng Pilipinas


Kawanihan ng Rentas Internas(For Individual Taxpayers, Estates and Trusts)

March 2011

BIR Form No.



Fill in all applicable spaces. Mark all appropriate boxes with an "X". TO BE FILED IN THREE (3) COPIES: 1) BIR FILE COPY 2) BIR ENCODING COPY 3) TAXPAYER FILE COPY1 For the Year 2 Category Self-employed/ 3 Status 4 Amended 5 ATC

(YYYY) Professional Return?

Part I









Part II






Part IIISchedule 1


35F 35G 35H 35I 35J

35K 35L 35M 35N 35O


36F 36G 36H 36I 36J


37F 37G 37H 37I 37J


38F 38G 38H 38I 38J


39 39A 39B 39C 39D 39E

40 40A 40B 40C 40D 40E

41 41A 41B 41C 41D 41E



43 43A 43B 43C 43D 43E 43F 43G

44 44A 44B 44C 44D 44E 44F 44G

45 45A 45B 45C 45D 45E 45F 45G


Schedule 3

47 47A 47B 47C 47D 47E 47D 47G

48 48A 48B 48C 48D 48E 48D 48G

49 49A 49B 49C 49D 49E 49D 49G


Schedule 4








57 57A 57B 57C 57D 57E

58 58A 58B 58C 58D 58E



60 60A 60B 60C

61 61A 61B 61C

62 62A 62B 62C



64


ANNEX "A"

Market Value

Name




Tax Paid




Yes No

34A

Schedules




30A

31A

32A

Nature of Income

33A

Source TIN



Amount of Income







Date of Receipt







BIR Form No.



SEC. 5. Filing of AIR only under Sec 4.

WHAT TO FILE: AIR only (BIR Form No. 1705)

Number of Copies: Triplicate copies BIR file copy BIR encoding copy TAXPAYER FILE COPY

WHERE TO FILE: RDO where the individual, including estates and trusts, is required to

register or where the individual has his legal residence or place of business

WHEN : on or before the May 15 of each year covering income for the preceding taxable year.




Part I

6 Taxpayer Identification 7 RDO 8 Taxpayer Identification 9 RDONumber (TIN) Code Number (TIN) Code

10 Taxpayer's Name/Name of Decedent/Trust Account (If Individual-Last Name, First Name, Middle Name) 11 Spouse's Name (Last Name, First Name, Middle Name)







Part II




33 Other Sources (Schedule 4)34 Total (Sum of Items 30A to 33A)

Part IIISchedule 1


35F 35G 35H 35I 35J

35K 35L 35M 35N 35O


36F 36G 36H 36I 36J


37F 37G 37H 37I 37J


38F 38G 38H 38I 38J


39 39A 39B 39C 39D 39E

40 40A 40B 40C 40D 40E

41 41A 41B 41C 41D 41E



43 43A 43B 43C 43D 43E 43F 43G

44 44A 44B 44C 44D 44E 44F 44G

45 45A 45B 45C 45D 45E 45F 45G


Schedule 3

47 47A 47B 47C 47D 47E 47D 47G

48 48A 48B 48C 48D 48E 48D 48G

49 49A 49B 49C 49D 49E 49D 49G


Schedule 4







Other Source (specify)57 57A 57B 57C 57D 57E

58 58A 58B 58C 58D 58E



60 60A 60B 60C

61 61A 61B 61C

62 62A 62B 62C



64


ANNEX "A"

Market Value

Name




Tax Paid




Yes No

34A

Schedules




30A

31A

32A

Nature of Income

33A

Source TIN



Amount of Income







Date of Receipt







BIR Form No.



Filing of ITR & AIR or AIR onlyMANUAL FILING OF ITR and/or AIR Individuals, including estates and trusts, required to file

the AIR and attach the same to the ITR (BIR Form No. 1700 or 1701) which shall be accomplished and submitted manually in hard copy until such time that electronic filing thereof is available in the Electronic Filing and Payment System (eFPS).

eFPS FILING OF ITR and/or AIR Individuals already availing of the eFPS services, and who

have been required under these Regulations to attach an AIR, they shall continue filing electronically their ITR submit the hard copy of the e-filed return together with

the hard copy of the AIR Submit to the RDO within 10 days from the filing of their electronic return.


OTHER ATTACHMENTS to the ITR, if applicable

1. Annual Information Return (BIR Form No. 1705);

2. Account Information Form/Financial Statements (FS) with Notes to Financial

Statements and the Certificate of the independent CPA except for taxpayers who opted for the Optional Standard Deduction. (The CPA Certificate is required if the gross quarterly sales, earnings, receipts or output exceed P 150,000.00.);

3. Statement of Management Responsibility (SMR);



4. BIR Form No. 2316 - Certificate of Compensation Payment/Tax Withheld for Compensation with or without Tax Withheld

5. BIR Form No. 2306 - Certificate of Final Tax Withheld

6. BIR Form No. 2304 - Certificate of Income Payments Not Subjected to Withholding Tax

7. BIR Form No. 2307 - Certificate of Creditable Tax Withheld at Source


8. Duly Approved Tax Debit Memo (TDM);9. Waiver of husband's right to claim additional

exemption;10. Proof of prior years' excess credits;11. Proof of Foreign Tax Credits; 12.For amended return, proof of tax payment and

the return previously filed;13.Authorization letter, if return is filed by

authorized representative;14. Proof of other payment/s made; 15. Summary Alphalist of Withholding Agents of

Income Payments Subjected to Withholding Tax at Source (SAWT); and

16. Other pertinent documents as may be required by the Commissioner.

Note: For income earned starting taxable year 2010.



SEC. 6. Transitory Provisions(Procedure of attaching AIR with ITR)

The procedure of attaching the AIR with the ITR shall cover income earned for taxable year 2010 or until such time that its details are integrated in the enhanced version of the ITR (BIR Form No. 1700 or 1701).


SEC. 7. Repealing Clause All existing regulations and other

issuances or portions thereof which are inconsistent with the provisions of these Regulations are hereby repealed, amended or modified accordingly.


SEC. 8. Effectivity These Regulations shall take effect

covering income earned for taxable year 2010.


THANK YOU For inquiries/questions, please contact the nearest:

Revenue District Office (RDO) Regional Directors Office

Taxpayer Assistance Service

BIR Contact Center: (02)-981-8888

Prepared by: Marivic A. Galban Office of the Commissioner Revenue Regulations No. 2-2011.

Documents

Transcript of Prepared by: Marivic A. Galban Office of the Commissioner Revenue Regulations No. 2-2011.