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1701 Main Form continued….

1701 Main Form continued…. In Item no. 1 <For the Year> field, enter the year. Note: The year must not be greater than the present year. In Item no. 19 <ATC> ( of Taxpayer) , select “Business” or “Mixed Income” . Note:

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1701 Main Form continued….

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  1. 1701 Main Form continued….

  2. In Item no. 1<For the Year> field, enter the year. • Note: • The year must not be greater than the present year. • In Item no. 19 <ATC> (of Taxpayer), select “Business”or “Mixed Income”. • Note: • If Item no. 24 <Exemption Status> is set to “Married”, select “Compensation” , “Business”or “Mixed Income” in Item no. 21 <ATC> (of Spouse). • This field is mandatory:

  3. In Item no. 22 <Method of Deduction> (of Taxpayer), select “Itemized Deduction”or “Optional Standard Deduction”. • Note: • If Item no. 24 <Exemption Status> is set to “Married”, select “Itemized Deduction”or “Optional Standard Deduction” in Item no. 23 <Method of Deduction> (of Spouse). • Selecting “Itemized Deduction” will disable Schedule 6 of Section B. • Selecting “Optional Standard Deduction” will disable Schedule 7 of Section B. • This field is mandatory.

  4. If Item no. 24 <Exemption Status> is set to “Married”, supply values in Item no. 24A <Number of Qualified Dependent Children>. • If Item no. 24 <Exemption Status> is set to “Married”, select “Yes” or “No” in Item no. 24B <Is the wife claiming the additional exemption for qualified dependent children?>. • Note: • This field becomes mandatory. • In Item no. 25 <Are you availing of tax relief under Special Law / International Tax Treaty?>field,select “Yes” or “No” to indicate if you are availing of tax relief or not. • Note: • If the selected option is “Yes”, the specify portion is enabled. Select “Special Rate” or “International Tax Treaty” from the dropdown list. • If the selected option is “No”, the specify portion is disabled with no selected value.

  5. Supply values for Item nos. 27A and 27B <Premium paid on health and/or hospitalization insurance not to exceed P2,400 per year.>, if applicable. • Note: • The total amount supplied in Item nos. 27A and 27B should not be more than 2,400. • Note: • Values in other Item nos. will be populated automatically upon completion of the different schedules. • Click on the blue links to open the different schedule screens.

  6. Schedule 1 • In Schedule 1 of the tax form, supply the values for Name of Employer, TIN, Tax Withheld-Taxpayer/Filer, Tax Withheld-Spouse, Compensation Income-Taxpayer/Filer, Compensation Income-Spouse columns. Then, click on the OK Button . • Note: • Name of Employer accepts a maximum of 50 alphanumeric characters. • TIN accepts a 9 digit numeric input. • Amounts should be greater than or equal to zero (0). • Empty Fields are not allowed. • .

  7. Schedule 1 9) To create an additional row, click on the add button. • To delete a row, have the row checked then click on the Delete button. • Note: • The total of the Compensation Income for the Taxpayer/Filer is set to <Item no. 26A> while the total of the Compensation Income for the Spouse is set to <Item no. 26B>.

  8. Schedule 2 • 11) In Schedule 2 of the tax form, supply the values for <Taxpayer/Filer: Business Trade Name>and <Spouse: Business Trade Name>fields. • Note: • Taxpayer/Filer: Business Trade Name and Spouse: Business Trade Name accepts a maximum of 50 alphanumeric characters. • 12) In Taxpayer/Filer: Method of Accounting and Spouse: Method of Accounting, select “Cash”, “Accrual” or “Others(Specify)” . • Note: • If Method of Accounting is set to “Others(Specify)”, specify other method of accounting in text box. The text box accepts a maximum of 30 alphanumeric characters.

  9. Schedule 2 13) Supply the values for Name of Payor, TIN, Tax Withheld-Taxpayer/Filer, Tax Withheld-Spouse, Taxable Sales/Receipts-Taxpayer/Filer, Taxable Sales/Receipts -Spouse columns. Note: Name of Payor accepts a maximum of 50 alphanumeric characters. TIN accepts a 9 digit numeric input. Amounts should be greater than or equal to zero (0). Empty Fields are not allowed. .

  10. Schedule 2 14) To create an additional row, click on the add button. 15) To delete a row, have the row checked then click on the Delete button. • Supply the values for Item no. 50 <Add: Gross Sales/Receipts not subject to withholding tax (EWT)> and Item no. 52 <Less: Sales Returns, Allowances & Discounts> for Taxpayer/Filer and Spouse. Then, click on the OK button. • Note: • Amounts should be greater than or equal to zero (0). • The computed amount in item No. 53 <Net Sales/Receipts/Revenues/fees> for the Taxpayer/Filer is set to Item No. 29A while the computed amount in item No. 53 <Net Sales/Receipts/Revenues/Fees> for the Spouse is set to Item No. 29B.

  11. Schedule 3 & 4 • 17) In Schedule 3 of the tax form, supply the values for Item nos. 54, 55 and 57 for Taxpayer/Filer and Spouse, if applicable. • Note: • Values should be greater than or equal to zero (0).

  12. Schedule 3 & 4 • In Schedule 4 of the tax form, supply the values for item nos. 59, 60 , 61 , 62 , 63 and 64 for Taxpayer/Filer and Spouse, it applicable. • Note: • Values should be greater than or equal to zero (0). Item no. 64 <direct Charges-Others> consists of ten (10) additional rows for additional entries. • 19) After filling out Schedules 3 and 4, click on the OK Button . • Note: • Values should be greater than or equal to zero (0). • Note: • The sum of Item Nos. 58 and 64 for the Taxpayer/Filer is set to Item no. 30A while the sum of Item Nos. 58 and 64 for the Spouse is set to Item no. 30B.

  13. Schedule 5 • 20) In Schedule 5 of the tax form, supply the values for Nature of Income, Tax Withheld-Taxpayer/Filer, Tax Withheld-Spouse, Gross Receipts/Income-Taxpayer/Filer, Gross Receipts/Income-Spouse columns, if applicable. Then, click on the OK Button . • Note: • Nature of Income accepts a maximum of 50 alphanumeric characters. • Amounts should be greater than or equal to zero (0). • Empty Fields are not allowed. • .

  14. Schedule 5 21) To create an additional row, click on the add button. • To delete a row, have the row checked then click on the Delete button. • Note: • The total of the Gross Receipts/Income for the Taxpayer is set to item no. 32A while the total of the Gross Receipts/Income for the Spouse is set to item no. 32B.

  15. Schedule 6 Note: If Item no. 22 <Method of Deduction> (of Taxpayer/Filer) and/or Item no. 23 <Method of Deduction> (of Spouse) is set to “Itemized Deduction”, Schedule 6 is disabled. Note: Item entries in Schedule 6 are disabled and are automatically populated from the tax form. The computed amount in Item No. 70 <10% Optional Standard Deduction> for the Taxpayer/Filer is set to Item no. 34A while the computed amount in Item No. 70 <10% Optional Standard Deduction> for the Spouse is set to Item no. 34B.

  16. Schedule 7 • Note: • If Item no. 22 <Method of Deduction> (of Taxpayer/Filer) and/or Item no. 23 <Method of Deduction> (of Spouse) is set to “Optional Standard Deduction”, Schedule 7 is disabled. • 23) Supply values for Item nos. 71 to 96, if applicable. Then, click on the OK Button . • Note: • Values should be greater than or equal to zero (0). • Item no. 97 <Total Allowable Expenses> should not exceed the sum of Item nos. 31 and 32 of the tax form. • The computed amount in Item No. 97 <Total Allowable Expenses> for the Taxpayer/Filer is set to Item no. 34A while the computed amount in Item No. 97 <Total Allowable Expenses> for the Spouse is set to Item no. 34B.

  17. 24) Supply values for Item nos. 40A to 40L, if applicable. • Note: • Values should be greater than or equal to zero (0). • 25) If this is an amended return, supply the value for Item nos. 40M and 40N <Tax Paid in Return Previously Filed, if this is an Amended Return> fields for Taxpayer/Filer and Spouse. • Note: • Values for 40M and 40N <Tax Paid in Return Previously Filed, if this is an Amended Return> should be greater than or equal to zero (0). • If this is not an amended return, 40M and 40N <Tax Paid in Return Previously Filed, if this is an Amended Return> fields for Taxpayer/Filer and Spouse are disabled.

  18. 26) Supply values for Item nos. 42A to 42F, if applicable. • Note: • Values should be greater than or equal to zero (0). • 27) If computed value in Item no. 43C <Aggregate amount payable/(Overpayment)> is negative, select “To be refunded”, “To be Issued a Tax Credit Certificate” or “To be carried over as a tax credit next year/quarter”.

  19. 28) Supply values for Item nos. 98, 99, 101 and 102 for Taxpayer/Filer and Spouse, if applicable. • Note: • Descriptions accept a maximum of 50 alphanumeric characters. • Amounts should be greater than or equal to zero (0).

  20. 29) If Item no. 24 <Exemption Status> is set to “Married”, supply Name and Birth Date of Qualified Dependent Children in Section D. If Item no. 24 <Exemption Status> is set to “Head of the Family”, supply Name, Birth Date and Relationship to Taxpayer of Other Dependents in Section D. If Item no. 24 <Exemption Status> is set to “Single” , Section D is disabled.

  21. 30) In Item nos. 107, 108, 109 and 110, supply Community Tax Certificate values. Note: Item no. 107 <Community Tax Certificate No> accepts an 8 digit numeric input. Item no. 108 <Place of Issue> accepts a maximum of 20 alphanumeric characters. Item no. 109 <Date of Issue > should be in MM/DD/YYYY format. Item no. 110 <Amount> should be greater than zero (0). These fields are mandatory

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