Revenue Memorandum Circular · RMC
RMC No. 23-2024
To announce the availability of BIR Form No. 1701A in the Electronic Filing and Payment System (eFPS) and to advise mandated eFPS users/filers on how to access and file the return, including coordination with their RDO if the return is not yet available in their eFPS account.
- Document type
- RMC
- Number
- 23
- Year
- 2024
- Text quality
- Not specified
Document text
Reference copy · verify against the official sourceRMC No. 23-2024 (February 12, 2024) announces that BIR Form No. 1701A — the Annual Income Tax Return for individuals earning purely from business/profession (those under the graduated income tax rates with Optional Standard Deduction, or those who opted for the 8% flat income tax rate) — is now available in the Electronic Filing and Payment System (eFPS). The return is due on or before April 15 of each year for the preceding taxable year. Mandated eFPS users/filers should check whether the return is already in their eFPS list of tax returns; if not, they must coordinate with the Revenue District Office (RDO) where they are registered and comply with the RDO's requirements for uploading the return. Filing and payment of any tax due via eFPS take effect immediately.