How to fill up each item in the form 1701? Kindly elaborate per part/section of the saif BIR Form.

Part I - Background Information

Part II - Total Tax Payable

Part III - Details of Payment

Part IV - Background Information of Spouse

Part V - Computation of Tax

a. Schedule 01 - Gross Compensation Income

b. Schedule 02 - Taxable Compensation Income

c. Schedule 03 - Taxable Business Income

d. Schedule 04 - Ordinary Allowable Itemized Deduction

Part VI - Summary if Income Tax Die

Part VII - Tax Credits/Payments

Part VIII - Tax Relief Availment

Part IX - Reconciliation of Net Income per Books against Taxable Income

BIR FORM 1701 - Annual Income Tax Return For Individuals (including MIXED Income Earner), Estates and Trusts

for reference: https://www.bir.gov.ph/index.php/bir-forms/income-tax-return.html

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Filling up BIR Form 1701 can be a detailed process but Ill provide a brief overview of each partsection For detailed instructions you should refer to ... View the full answer