Welcome back to Sam thing to do where every week with me tips and tutorials on all things adult today's tutorial is on filing your tax form — five one Q on the Mira application okay let's get to it before you begin you should know that you should be registered with VIR in order to have your thin and to pay for your taxes on that ok the separate video tutorial order disturbing your business or yourself as a freelancer the VIR and PPI if you haven't already downloaded the EPI our forms app you may do so in the link below, or I'll put it somewhere here EVN our forms is official application vendor government in order to help entrepreneurs and freelancers file their taxes online however if you're a Mac user like me this app doesn't work yet on Mac, so you'll need to borrow Windows PC if you want to use it first you type in your thin number and this can be found in your cor again, so each area is actually assigned the specific RTO and you can figure out what you are done is in the link below so forget science I divert I'm from they are done is for 6, so that's what we use in this example once you filled out your thin, and you're already all the EPI our forms action automatically they're into the details I have to choose the form, so we'll choose the latest version of four to five one cube as of 2020 the latest version is 2 5 × 1 q version 2018 next you click fill up and that should bring you to the form page we use a calendar year so choose calendar, but this example will be filing the first quarter of...
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How to prepare PH BIR 2551Q 2024 Form
About PH BIR 2551Q 2024 Form
The PH BIR 2551Q 2024 form is a tax form used in the Philippines. It is specifically designed for individuals engaged in business or self-employment. The form is used to report and remit quarterly income tax payments for individuals who are subject to the Graduated Income Tax Rates and those who opt to pay using the Graduated Income Tax Rates (GITR). Individuals who are required to file the BIR 2551Q form include but are not limited to: 1. Self-employed individuals (sole proprietors, professionals, freelancers) who earn income from their business or profession. 2. Owners and operators of single proprietorship and professionals. 3. Individuals who run business enterprises subject to Percentage Tax. 4. Estates and trusts that generate business or professional income. 5. Mixed-income earners such as professionals who also work as employees. 6. Individuals with multiple sources of income subject to income tax. The BIR 2551Q form is used to calculate the quarterly taxable income and the corresponding tax due. It is important for individuals to accurately and timely file this form along with the corresponding tax payment to comply with tax regulations.
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