Guidelines for 2016 ITR filing

(Revenue Memorandum Circular No. 28- 2017, March 31, 2017)

This Tax Alert is issued to inform all concerned on the guidelines for ITR filing due on or before April 17, 2017.

Disclosures of Supplemental Information for BIR Forms No. 1700 and 1701 remains optional for 2016 ITR filings of individual taxpayers.

Following are the updated guidelines in the filing, receiving and processing of 2016 ITRs:

1. For manual filing, tax payers can file and pay through their respective Authorized Agent Banks (AABs). In places where there are no AABs, the return shall be filed and the tax be paid through their RDOs. Those paying through mobile payment method using GCash shall file their return with their respective RDOs.

Required attachments for manual filers shall be submitted upon filing.

All RDOs and AABs shall accept BIR official printed forms or photocopied or electronic/computer generated income tax returns in lieu of the officially printed forms.

2. For mandatory filing through the eFPS Facility, the ITR shall be filed and paid through the eFPS facility. Alternatively, the ITR may be prepared using eBIRForms Package and submitted and paid using the eFPS facility. Filing and payment may also be done through respective AABs.

Attachments shall be submitted within 15 days after April 17, 2017 or date of electronic filing of the returns whichever is later to the LTD/RDO.

3. For those required to use the eBIRForms Package, the return shall be electronically filed utilizing the eBIRForms Package. Payments can be made through AABs, or with RDOs in places where the former are not present. GCash is also available as a mode of payment.

Attachments shall be submitted within 15 days after April 17, 2017 or from date of electronic filing of the returns whichever is later with the AAB or the RDO.

4. No-payment returns shall be filed in accordance with the mandated filing method for the taxpayer.