PART V

Exempt Special Rate Regular Rate

Taxpayer/Filer Spouse Taxpayer/Filer Spouse Taxpayer/Filer Spouse
51 Gross Compensation Income 51A 51B
52 Less: Non-Taxale/!xempt Compensation 5"A 5"B
53 5#A 5#B
54 Less $e%uctions:
54A/B &remiums on 'ealt( an%/or 'ospitali)ation Insurance *not to excee% &"+,--/year. 5,A 5,B
54C/D &ersonal !xemption 5,C 5,$
54E/F A%%itional !xemption 5,! 5,F
54G/ 5,G 5,'
55 55A 55B
5! Sales//e0enues//eceipts/Fees *net o1 sales returns+ allo2ances 3 %iscounts. 54A 54B 54C 54$ 54! 54F
5" A%% 5t(er Taxale/!xempt Income 1rom 5perations not Su6ect to Final Tax
5"A/B/C/D/E/F 57A 57B 57C 57$ 57! 57F
5"G//#/$/%/& 57G 57' 57 I 578 579 57L
5"'/(/)/P/*/R 57: 57N 575 57& 57; 57/
5+ Total Sales//e0enues//eceipts/Fees 5<A 5<B 5<C 5<$ 5<! 5<F
5, Less Cost o1 Sales/Ser0ices 5=A 5=B 5=C 5=$ 5=! 5=F
!- Net Sales//e0enues//eceipts/Fees 4-A 4-B 4-C 4-$ 4-! 4-F
!1 A%%: Non-5peratin> Taxale Income 41A 41B 41C 41$ 41! 41F
!2 Gross Income 4"A 4"B 4"C 4"$ 4"! 4"F
!3 Less $e%uctions:
!3A/B 5ptional Stan%ar% $e%uction 4#A 4#B
)R
!3C/D/E/F/G/ /e>ular Allo2ale *Itemi)e% $e%uctions. 4#C 4#$ 4#! 4#F 4#G 4#'
Special Allo2ale *Itemi)e% $e%uctions.
$escription Le>al Basis
!3#/$/%/&/'/( 4# I 4#8 4#9 4#L 4#: 4#N
!3)/P/*/R/S/T 4#5 4#& 4#; 4#/ 4#S 4#T
!3./V///0/1/2 Total Allo2ale Itemi)e% $e%uctions 4#? 4#@ 4#A 4#B 4#C 4#D
!4 4,A 4,B 4,C 4,$ 4,! 4,F
!5
45A 45B
!! Taxale/!xempt Business Income/Income 1rom &ro1ession 44A 44B 44C 44$ 44! 44F
!" 47A 47B 47C 47$
!+ Applicale Tax /ate *iEeE+ special/re>ular rate. 4<A 4<B 4<C 4<$
!, 4=A 4=B 4=C 4=$
"- Less S(are o1 5t(er A>encies 7-A 7-B
"1 Income Tax $ue to National Go0ernment ?n%er Special /ate 71A 71B
TA0 TAB&E
#3 Taxa4le #5c6me i78 Tax Due i78 #3 Taxa4le #5c6me i78 Tax Due i78
Not o0er & 1-+--- 5F
50er & 1-+--- ut not o0er & #-+--- & 5-- G 1-F o1 t(e excess o0er & 1-+--- 50er & 1,-+--- ut not o0er & "5-+--- & ""+5-- G "5F o1 t(e excess o0er & 1,-+---
50er & #-+--- ut not o0er & 7-+--- & "+5-- G 15F o1 t(e excess o0er & #-+--- 50er & "5-+--- ut not o0er & 5--+--- & 5-+--- G #-F o1 t(e excess o0er & "5-+---
Brea9:6;5 63 #5c6me (attach additional sheet/s if necessary)
Gross Taxale Compensation Income (Item 51A less 52A/51B less 52B)
Total $e%uctions (Sum of Items 54A, C, & / 54B, !, & ")
Taxale Compensation Income/*!xcess o1 $e%uctions. (Item 5#A less 54$/5#B less 54%)
Total (Sum of Items 5&A & $/ 5&B & %/ 5&C & I/ 5&! & '/ 5& & (/ 5&" & ))
Net Income (to Item &* of +art ,I)
Less: !xcess o1 $e%uctions o0er Taxale Compensation Income (from Item 55A/55B)
)R t(e Total $e%uctions (from Item 54$/54%)+ i1 t(ere is no Compensation Income
Total Taxale Income (Sum of Item 55 & --)
Income Tax $ue (to Item #2A & #2B/ #1A & #1B)
50er & 7-+--- ut not o0er & 1,-+--- & <+5-- G "-F o1 t(e excess o0er & 7-+--- 50er & 5--+--- & 1"5+--- G #"F o1 t(e excess o0er & 5--+---
Annex HAH
TAXPAYER NAME: TIN:
TAXABLE YEAR:
Mandatory Attachment to BIR Form No. 1701
E 0 E ' P T S P E C # A & R A T E R E G . & A R R A T E
Taxpayer/Filer Spouse Taxpayer/Filer Spouse Taxpayer/Filer Spouse
1 A%0ertisin> an% &romotions 1A
I
1B
I
1C
I
1!
I
1
I
1"
I
Amorti)ation *speci1y.
2 2A
I
2B
I
2C
I
2!
I
2
I
2"
I
#A
I
#B
I
#C
I
#!
I
#
I
#"
I
! Ba% $ets 4A
I
4B
I
4C
I
4!
I
4
I
4"
I
" C(aritale Contriutions 5A
I
5B
I
5C
I
5!
I
5
I
5"
I
# Commission -A
I
-B
I
-C
I
-!
I
-
I
-"
I
7 Communication+ Li>(t an% Aater &A
I
&B
I
&C
I
&!
I
&
I
&"
I
$ $epletion *A
I
*B
I
*C
I
*!
I
*
I
*"
I
% $epreciation .A
I
.B
I
.C
I
.!
I
.
I
."
I
10 Frin>e Bene1its 1/A
I
1/B
I
1/C
I
1/!
I
1/
I
1/"
I
11 Fuel an% 5il 11A
I
11B
I
11C
I
11!
I
11
I
11"
I
12 Insurance 12A
I
12B
I
12C
I
12!
I
12
I
12"
I
1 Interest 1#A
I
1#B
I
1#C
I
1#!
I
1#
I
1#"
I
1! 8anitorial an% :essen>erial Ser0ices 14A
I
14B
I
14C
I
14!
I
14
I
14"
I
1" Losses 15A
I
15B
I
15C
I
15!
I
15
I
15"
I
1# :ana>ement an% Consultancy Fee 1-A
I
1-B
I
1-C
I
1-!
I
1-
I
1-"
I
17 :iscellaneous 1&A
I
1&B
I
1&C
I
1&!
I
1&
I
1&"
I
1$ 511ice Supplies 1*A
I
1*B
I
1*C
I
1*!
I
1*
I
1*"
I
1% 5t(er Ser0ices 1.A
I
1.B
I
1.C
I
1.!
I
1.
I
1."
I
20 &ro1essional Fees 2/A
I
2/B
I
2/C
I
2/!
I
2/
I
2/"
I
21 /ental 21A
I
21B
I
21C
I
21!
I
21
I
21"
I
22 /epairs an% :aintenance-Laor 22A
I
22B
I
22C
I
22!
I
22
I
22"
I
2 /epairs an% :aintenance-:aterials/Supplies 2#A
I
2#B
I
2#C
I
2#!
I
2#
I
2#"
I
2! /epresentation an% !ntertainment 24A
I
24B
I
24C
I
24!
I
24
I
24"
I
2" /esearc( an% $e0elopment 25A
I
25B
I
25C
I
25!
I
25
I
25"
I
2# /oyalties 2-A
I
2-B
I
2-C
I
2-!
I
2-
I
2-"
I
27 Salaries an% Allo2ances 2&A
I
2&B
I
2&C
I
2&!
I
2&
I
2&"
I
2$ Security Ser0ices 2*A
I
2*B
I
2*C
I
2*!
I
2*
I
2*"
I
2% SSS+ GSIS+ :e%icare+ '$:F an% 5t(er Contriutions 2.A
I
2.B
I
2.C
I
2.!
I
2.
I
2."
I
0 Taxes an% Licenses #/A
I
#/B
I
#/C
I
#/!
I
#/
I
#/"
I
1 Tollin> Fees #1A
I
#1B
I
#1C
I
#1!
I
#1
I
#1"
I
2 Trainin>s an% Seminars #2A
I
#2B
I
#2C
I
#2!
I
#2
I
#2"
I
Transportation an% Tra0el ##A
I
##B
I
##C
I
##!
I
##
I
##"
I
5t(ers *speci1y.
! #4A
I
#4B
I
#4C
I
#4!
I
#4
I
#4"
I
" #5A
I
#5B
I
#5C
I
#5!
I
#5
I
#5"
I
# #-A
I
#-B
I
#-C
I
#-!
I
#-
I
#-"
I
Regular All6;a4le #temi<e: De:ucti657 &attach add't'ona( )heet*)+ ', nece))ary-
Total Regular Allowable Itemized Deductions (Sum of Items 1 to 35) (to Item 63C/D/E/F/G/H)