How to File the new Annual Income Tax 1701A Form (2020)

Описание к видео How to File the new Annual Income Tax 1701A Form (2020)

BIR recently released a new Income Tax Form - Form 1701A!

You can file this if (1) you are earning solely from your business/profession (in other words, no employment income) AND (2) if you are using the 8% Flat Income Tax Rate or Optional Standard Deduction.

Skip to:
1:39 - Setup your account
5:41 - Filing the 1701A Form
13:48 - Paying via Online Banking, Bank OTC, Non-Bank

If you have any employment income within the year or you're using itemized deduction, you'll have to use the NEW 1701 Form. That form will be available soon on Taxumo so watch out! :)

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