Annual ITR DeadlineApril 15: who files 1701, 1701A, or 1702, and how to prepare

One date settles the year for everyone: April 15. The form differs by who you are; the preparation is the same, a year of books that already reconcile.

Three returns, one date

1701 serves individuals with mixed income or itemized deductions; 1701A serves pure business or professional income on the 8% option or the standard deduction; 1702 serves corporations and partnerships.

Everything already paid comes home

The annual return credits the three quarterly filings, the creditable 2307s, and prior year balances, then settles the difference either way. Clean quarters make April a review rather than a rebuild.

Questions people actually search

Kailan ang deadline ng annual ITR?

April 15 following the close of the calendar year.

1701 o 1701A: alin ang sa akin?

1701A if your income is purely from business or practice and you use the 8% option or the standard deduction; 1701 otherwise.

Do employees file an annual return?

Usually not. Substituted filing through the employer's 2316 covers most single employer employees.

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