BIR Forms for Self-Employed Individuals and Professionals

Account Information Form (AIF) for Self-employed Individuals, Estates and Trusts (Engaged in Trade and Business)

A revised form designed in line with the BIR Integrated Tax System (ITS) to be used as attachment to BIR Form No. 1701 and to be accomplished by self-employed individuals, estates and trusts engaged in trade and business, which shall contain the taxpayer's business profile information and other relevant data to be lifted from the Audited Financial Statements. BIR Form 1701 AIF is not, however, required for individual taxpayers who orpted for Optional Standard Deduction (OSD).

This form is filed on or before April 15 of each year covering income for the preceding taxable year.

Annual Income Tax Return for Self-Employed, Professionals, Estates, and Trusts

This return is filed annually by the following for business income derived during the calendar year regardless of amount of gross income:

a. A resident citizen engaged in trade, business or practice of profession within and without the Philippines.

b. A resident alien, non-resident citizen or non-resident alien individual engaged in trade, business or practice of profession within the Philippines.

c. A trustee of a trust, guardian of a minor, executor/administrator of an estate or any person acting in any fiduciary capacity for any person, where such trust, estate, minor or person is engaged in trade or business.

This is also filed by individuals who receive mixed income (compensation with self-employment/professional income).

However, an individual whose sole income has been subjected to final withholding tax pursuant to Sec. 57(A) of the Tax Code, or who is exempt from income tax pursuant to the Tax Code and other laws, is not required to file an income tax return.

This return is filed on or before April 15 of each year covering income for the preceding taxable year.

Quarterly Income Tax Return for Self-employed, Professionals, Estates, and Trusts Including Those with both Business and Compensation Income

An income tax return filed quarterly by all Self-employed taxpayers, Professionals, Estates and Trusts engaged in trade/ business including those with both business and compensation income.

This return is filed: First Quarter - on or before April 15; Second Quarter - on or before August 15; and Third Quarter - on or before November 15.