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Republic of the Philippines HOUSE OF REPRESENTATIVES Quezon City EIGHTEENTH CONGRESS Third Regular Session August 27, 2021 1:40 pm10099 HOUSE BILL NO. ___Introduced by HON. JOY MYRA S. TAMBUNTINGEXPLANATORY

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What is 140 pm?

140 pm refers to form 140, which is used for reporting income tax by individuals.

Who is required to file 140 pm?

Individuals who have earned income in a tax year are required to file form 140.

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Form 140 can be filled out manually or electronically following the instructions provided by the tax authorities.

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The purpose of form 140 is to report the income earned by an individual and calculate the tax liability.

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Information such as income earned, deductions, credits, and tax payments must be reported on form 140.

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