Establishing secure connection…Loading editor…Preparing document…

BIR Form 1701

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

BIR FORM 1701 PRIMER
ANNUAL INCOME TAX RETURN FOR SELF-EMPLOYED/PROFESSIONALS, ESTATES AND TRUSTS

(INCLUDING THOSE WITH BOTH BUSINESS AND COMPENSATION INCOME)

Individuals who are engaged in trade or business or the practice of profession including those mixed income earners are required to file an annual income tax return in accordance with Sec. 51 of the Code, as amended.

This form is to be accomplished by the taxpayer in three (3) copies.

Mark with an “X” all applicable circles.

Part I Background Information

1. For the year (YYYY)

2. Amended Return?

3. Joint Filing?

Taxpayer’s Background Information

4. Taxpayer Identification Number (TIN)

5. RDO Code

6. Taxpayer’s Name

Last Name

First Name

Middle Name

7. Registered Address

Unit/Room Number/Floor

Building Name

Lot/Block/Phase/House/Building Number

Street Name

Subdivision/Village

Barangay

Municipality/City

Province

Zip Code

8. Date of Birth

9. Gender (Sex)

10. Civil Status

11. Contact Number

12. E-mail address

13. Line of Business

14. Alphanumeric Numeric Code (ATC)

15. Method of Deduction

16. Claiming for Additional Exemption?

17. If yes, number of Qualified Dependent Children

Spouse’s Information

18. Spouse’s Name

Last Name

First Name

Middle Name

19. Taxpayer Identification Number (TIN)

20. RDO Code

21. Date of Birth

22. Contact Number

23. E-mail Address

24. Line of Business

Part II Computation of Tax

31. Income Tax Due under Regular Rate

32. Add: Income Tax Due under Special Rate

33. Total Income Tax Due

34. Aggregate Income Tax Due

35. Less: Tax Credits/Payments

35A/B Prior Year’s Excess Credits

35C/D Tax Payment for the 1st Three Quarters

35E/F Creditable Tax Withheld for the 1st Three Quarters

35G/H Creditable Tax Withheld per BIR Form No. 2307 for the 4th quarter

35I/J Tax withheld per BIR Form No. 2316

35K/L Tax Paid in Return Previously Filed

36M/N Foreign Tax Credits

35O/P Other Payments/Credits

35Q/R Total Tax Credits/Payments

36. Net Tax Payable/(Overpayment)

37. Aggregate Tax Payable/(Overpayment)

38. Penalties

38A/38E Surcharge

38B/38F Interest

38C/38G Compromise

38D/38H Total penalties

39. Aggregate Penalties

40. Total Amount Payable/(Creditable/Refundable)

41. Aggregate Amount Payable/(Creditable/Refundable)

42. Less: Portion of Tax Payable Allowed for 2nd Installment Payment to be paid on or before July 15

43. Amount of Tax Required to be Paid Upon Filing this Return

44. Net aggregate amount of tax required to be paid/(creditable/refundable) upon filing this return

If overpayment, mark one:

Part III Availment of Tax Income Incentives/Exemptions

45. Total Tax Relief/Savings

46. Aggregate Amount of Tax Relief/Savings

Part IV Details of Payment

47. Cash/Bank Debit Memo

48. Check

49. Tax Debit Memo

50. Others

Part V Breakdown of Income

This part shall be filled in first before filling in Part II.

51. Gross Compensation Income

52. Less: Non-Taxable/Exempt Compensation

53. Gross Taxable Compensation Income

54. Less Deductions

55. Total Compensation Income/(Excess of Deductions)

56. Sales/Revenues/Receipts/Fees

57. Add: Other Taxable/Exempt Income from Operation, not subject to final tax

58. Total Sales/Revenues/Receipts/Fees

59. Less: Cost of Sales/Services

60. Net Sales/Revenues/Receipts/Fees

61. Add: Non-Operating Taxable Income

62. Gross Income

63. Less: Deductions

63A/B Optional Standard Deduction

63C/D/E/F/G/H Regular Allowable Itemized Deductions

63I/J/K/L/M/N Special Allowable Itemized Deductions

63U/V/W/X/Y/Z Allowance for NOLCO

63AA/AB/AC/AD/AE/AF Total Allowable Itemized Deductions

64. Net Income

65. Less: Excess of Deductions over Taxable Compensation Income / Total Deductions if no Compensation Income

66. Taxable/Exempt Business Income/Income from Profession

67. Total Taxable Income

68. Applicable Tax Rate

69. Income Tax Due

70. Less: Share of Other Agencies

71. Income Tax Due to National Government under Special Rate

Part VI Schedule 1 Gross Compensation Income and Tax Withheld

72 to 74. Names of Employer/s / Taxpayer Identification Numbers / Compensation Income

75. Tax Withheld / Total Compensation Income and Tax Withheld

Schedule 2 Computation of Net Operating Loss Carry Over (NOLCO)

76. Gross Income

77. Less: Total Deductions Exclusive of NOLCO & Deductions under Special Laws

78. Net Operating Loss Carry Over

Schedule 3 Reconciliation of Net Income per Books Against Taxable Income

84. Net Income/(Loss) per Books

85. Add: Other Taxable Income/Non-deductible Expenses

86. Total

87. Less: Total Non-taxable Income and Income Subjected to Final Tax

88. Special Deductions

89. Total

90. Net Income

Part VII Details of Income Tax Incentives/Exemptions

91A to 97A Certificate of Registration/BIR Ruling/MOA/Others

91B to 97B Legal Basis (Special Law/R.A. No.)

91C to 97C Effectivity Date of Incentive Exemption From

91D to 97D To

91E to 97E Nature and Extent of Incentive/Exemption

98. Total

Part VIII – For Estate and Trust (Engaged in Trade and Business)

99 to 101. Name

99A to 101A. Taxpayer Identification Number (TIN)

99B to 101B. Amount

99C to 101C. Tax Withheld

102. Total Payment to Heirs/Beneficiaries

Jurat Clause

I declare under the penalties of perjury, that this annual return has been made in good faith, verified by me, and to the best of my knowledge and belief, is true and correct.

103. Name of the Taxpayer/Authorized Representative/Accredited Tax Agent

Position and TIN of Authorized Representative/ATA

Tax Agent Accreditation No./Atty’s Roll No. (if applicable)

Issue Date

Date of Expiry

104 to 107. Community Tax Certificate No.

Place of Issue

Date of Issue

Amount

Part IX Supplemental Information

108. Interest

108A/108D Actual Amount

108B/108E Final Tax Withheld/Paid

108C/108F Exempt

109. Royalties

109A/109C Actual Amount/Fair Market Value/Net Capital Gains

109B/109D Final Tax Withheld/Paid

110. Dividends

110A/110C Actual Amount/Fair Market Value/Net Capital Gains

110B/110D Final Tax Withheld/Paid

111. Prizes and Winnings

111A/111C Actual Amount/Fair Market Value/Net Capital Gains

111B/111D Final Tax Withheld/Paid

112. Fringe Benefits

112A/112C Actual Amount/Fair Market Value/Net Capital Gains

112B/112D Final Tax Withheld/Paid

113. Compensation Subject to 15% Preferential Rate

113A/113C Actual Amount/Fair Market Value/Net Capital Gains

113B/113D Final Tax Withheld/Paid

114. Sale/Exchange of Real Properties

Description of Property

OCT/TCT/CCT/Tax Declaration Number

Certificate Authorizing Registration (CAR) Number

Actual Amount/Fair Market Value/Net Capital Gains

Final Tax Withheld/Paid

115. Sale/Exchange of Shares of Stocks

Kind of Stocks

Stock Certificate Series Number

Certificate Authorizing Registration (CAR) Number

Number of Shares

Date of Issue

Actual Amount/Fair Market Value/Net Capital Gains

116. Other Income Subject to Final Tax Under Sec. 57(A)

Description

Actual Amount/Fair Market Value/Net Capital Gains

Final Tax Withheld/Paid

117. Total Final Tax Withheld/Paid

Gross Income/Receipts Exempt from Income Tax

118. Proceeds of Life Insurance Policy

119. Return of Premium

120. Retirement Benefits, Pensions, Gratuities, etc.

121. Personal/Real Properties Received thru Gifts, Bequests, and Devises

Description of Property

Mode of Transfer

Certificate Authorizing Registration (CAR) Number

Actual Amount/Fair Market Value

122. Other Exempt Income/Receipts Under Sec. 32(B)

123. Total Income/Receipts Exempt from Income Tax

Attachments / Supplemental Information

Signature Section

Taxpayer/Authorized Representative/Accredited Tax Agent

Signature

Date

Place

Enter text✕
Prepare your document for signing right on this page
  • 01 Edit the text and complete the fields
  • 02 Click Sign Now and on the next screen add recipients and signature fields in SignNow
  • 03 Start your free trial to sign and send your doc
Sign Now

What BIR Form 1701 is and who it covers

BIR Form 1701 is the annual income tax return used by individuals in the Philippines who earn income from business, practice of profession, or mixed sources not subject solely to withholding tax. The form collects taxpayer identification, classification of income, itemized or optional standard deductions, allowable tax credits, and computations that result in tax due or refund. This guide focuses on the structure, common completion steps, and digital handling considerations to help filers prepare an accurate return and assemble required schedules and supporting documents before submission.

Why accurate completion of Form 1701 matters

Completing BIR Form 1701 correctly documents taxable income, determines final tax liability, and supports claims for deductions and credits under Philippine tax law.

Why accurate completion of Form 1701 matters

Who typically files BIR Form 1701

This return is used by individuals and sole proprietors whose income primarily comes from business, self-employment, professions, or mixed income sources.

  • Self-employed professionals and consultants who receive fees not subject to final withholding
  • Sole proprietors and single-member businesses reporting business receipts and allowable deductions
  • Individuals with mixed compensation and business income who must reconcile withholding with final tax

Filers should confirm their classification with current BIR guidance or a tax professional to ensure use of the correct schedules and deduction method.

Stepwise process to prepare a complete return

Follow these sequential steps to gather, complete, and file your BIR Form 1701 with supporting schedules and payments.

  • 01
    Gather records: Collect invoices, receipts, withholding statements, and bank records for the tax year.
  • 02
    Compute income: Total gross receipts and separate taxable from non-taxable items before deductions.
  • 03
    Apply deductions: Choose itemized or optional standard deduction and calculate allowable expenses.
  • 04
    Sign and submit: Sign the return, attach schedules, and file through authorized channels.

Typical submission routes and what to expect

Returns can be submitted through BIR-authorized electronic channels or at the taxpayer’s assigned Revenue District Office; confirm available options before filing.

  • Electronic filing: Use the BIR's e-filing system if available and registered.
  • In-person filing: Submit a printed return at your local RDO when required.
  • Payment channels: Pay tax due using approved bank, online, or payment service methods.
  • Acknowledgement: Retain stamped receipts or e-confirmation for your records.

How to set up an online completion workflow

When preparing BIR Form 1701 digitally, configure the document, required fields, and attachment steps in your e-filing or e-signature solution.

Field mapping Map form fields to your data source for automatic population.
Validation rules Enable required-field checks and numeric format validation.
Attachments Require supporting schedules and receipts before submission.
Signature method Choose accepted signature type per filing channel guidance.
Audit logging Enable an audit trail capturing actions, timestamps, and IP addresses.

Technical considerations for digital completion and signing

Confirm that your chosen e-filing or e-signature platform supports PDF form filling, secure uploads, and audit logging before you begin.

  • File formats: PDF and DOCX supported
  • Authentication: Email, SMS code, or stronger
  • Integrations: Works with cloud storage

For consistent recordkeeping, use tools that retain an unalterable signed PDF, provide an exportable audit trail, and integrate with your accounting system or document repository.

Timing and filing windows to watch

Deadlines and payment schedules vary by filing jurisdiction and any applicable tax rules; confirm current dates with the BIR or your tax adviser.

Annual filing period:

Standard annual return date set by the tax authority

Payment due date:

Tax due typically payable by the filing deadline

Extensions:

Extensions may be available by formal application

Quarterly payments:

Estimated tax installments may apply during the year

Refund claims:

Follow BIR guidance for filing and supporting documentation

Key filing milestones from preparation to closure

Use this milestone sequence to track major steps from assembling records to receiving confirmation after submission.

01

Prepare records

Assemble invoices, receipts, and withholding documents for the year.

02

Draft return

Populate form fields and compute tax using chosen deduction method.

03

File and pay

Submit return and settle any tax due through approved channels.

04

Retain evidence

Keep signed copies, payment receipts, and supporting schedules.

Common preparation pitfalls to avoid

  • Using an incorrect or mismatched TIN that prevents reconciliation with withholding certificates
  • Arithmetic and transcription errors in income totals, deductions, or tax computations
  • Omitting required schedules and supporting receipts that substantiate deductions or credits
  • Submitting an unsigned or undated return which can be treated as incomplete

Potential consequences of incomplete or incorrect returns

Late filing: Interest and surcharges may apply
Underpayment: Assessments and penalties possible
Missing attachments: Processing delays and examination triggers
Incorrect TIN: Refunds or credits may be delayed
Intentional misstatement: Enhanced penalties and possible prosecution
Recordkeeping failure: Difficulty supporting claims on audit

Security and compliance considerations for digital handling

Encryption in transit: TLS 1.2/1.3
Encryption at rest: AES-256
Audit trail: Timestamps, IP, action log
Certifications: SOC 2 Type II
Regulatory support: ESIGN and UETA compliance
Healthcare-ready: HIPAA available with BAA

Comparing e-signature providers for completing tax forms

When choosing an e-signature provider for form completion and secure signing, consider price, trial options, bulk send, and regulatory support; signNow is listed first for comparison.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial, no card Varies by plan Varies by plan Varies by plan Varies by plan
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Practical examples of digital signing and form workflows

These short case arcs illustrate how organizations handle recurring compliance forms and document workflows using digital tools and platform integrations.

Optica Ventures LLC

The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers.

  • The platform reduced turnaround time on signed documents.
  • As a result, routine compliance and client onboarding occur with fewer manual steps and clearer audit records.

Xerox (NetSuite integration)

AirSlate SignNow provides us with the flexibility needed to get the right signatures on the right documents, in the right formats, based on our integration with NetSuite.

  • Integration enabled automated population of form fields.
  • This reduced manual data entry and improved consistency across high-volume billing and tax-related documents.

Typical filer profiles and their priorities

Self-Employed Professional

A solo practitioner who must document client fees, professional expenses, and allowable deductions. Priority is accurate income classification, retention of receipts, and timely submission to avoid penalties.

Small Business Owner

An owner who reports business receipts and payroll-related information. Priorities include reconciling bookkeeping with tax schedules, ensuring correct withholding statements, and maintaining electronic copies for audit readiness.

Practical tips for accurate, efficient completion

Apply these practices to reduce errors and speed up filing and potential audits.

Maintain organized records
Store invoices, receipts, and withholding certificates by client and by date. Consistent bookkeeping reduces time reconciling totals and supports deduction claims in the event of an inquiry.
Reconcile before entry
Compare bank statements to reported receipts and expenses before completing the return to catch missing items and correct transposition or arithmetic mistakes early.
Choose deduction method carefully
Evaluate itemized versus optional standard deduction methods annually for the best tax outcome and document the rationale for your selection in case of later review.
Keep signed copies accessible
Retain final signed returns with payment receipts and schedules in an immutable format and ensure backups are stored offsite or in a compliant cloud repository.

Frequently asked questions about BIR Form 1701

Answers below address common filing and electronic handling questions; for definitive tax determinations consult the BIR or a licensed tax professional.


Need help? Contact support

Explore Templates

California Background Authorization Form Allegiant Airline Physician Form Fibgerpoint Consent Form Illinois Latisse Consent Form Occupier's Consent Form Ultherapy Consent Form
be ready to get more
Join over 28 million airSlate SignNow users
Sign Now
Company
Forms
Pricing
Resources
Knowledge base
Other Products
© 2026 airSlate Inc. All rights reserved.