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Annex Republic of the Philippines Department of Finance Bureau of Internal Revenuer BIR BCS/ Use Only Item: BIR Form No. Annual Income Tax Return1701AIndividuals Earning Income PURELY from Business/Profession
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01
Gather all necessary documents including income statements, tax forms, and any other relevant financial records.
02
Begin by providing personal information such as your name, address, and social security number or tax identification number.
03
Indicate your employment status and specify that you earn income purely from individual sources.
04
Report all sources of income in detail, including any salary, wages, commissions, tips, or rental earnings.
05
Provide accurate information about any deductions or exemptions you are eligible for, such as business expenses or retirement contributions.
06
Double-check all the information you have entered to ensure accuracy and completeness.
07
Sign and date the form before submitting it to the appropriate tax authority.
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Keep a copy of the filled-out form for your records.

Who needs individuals earning income purely?

01
Individuals who earn income purely from individual sources need to fill out individuals earning income purely.
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This includes self-employed individuals, freelancers, independent contractors, and anyone who earns income outside of traditional employment.
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Individuals earning income purely refers to those who earn money from sources such as salary, wages, commissions, and bonuses, without any additional income from investments, rental properties, or business ownership.
Individuals who earn income purely are required to file their income tax returns.
To fill out individuals earning income purely, individuals need to report their income and deductions accurately on the appropriate tax forms.
The purpose of individuals earning income purely is to accurately report and pay taxes on the income earned from various sources.
Individuals must report their total income earned from sources such as salary, wages, commissions, and bonuses, along with any deductions or credits they may be eligible for.
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