Guidelines on uploading of ITR in the eFPS

The BIR has issued the following guidelines in the uploading in the electronic Filing and Payment System (eFPS) facility of the contents of income tax returns (ITR) previously filed by eFPS taxpayers using the prescribed Enhanced Income Tax Return (BIR Form 1702 - November 2011 ENCS).

1. All eFPS filers are required to encode the contents of the return previously filed on or before August 31, 2012.

2. ePayment shall not be required if the tax due on the e-filed return is equal to the amount previously paid. However, if there is unpaid tax, the concerned eFPS taxpayer shall pay the unpaid amount plus corresponding penalties.

3. Additional work-around procedures should be followed by eFPS filers who availed of tax relief under a special law or an international tax treaty with specific instructions provided in the naming and attaching of supplemental forms for itemized deductions or optional standard deductions (OSD).

4. The Filing Reference Number (FRN) shall be generated as proof that the return, which should be printed for future reference, has been received by the BIR. The “proceed to payment” button shall only be enabled by eFPS filers in case there is additional tax payable.

5. eFPS taxpayers who failed to submit their financial statements and other required schedules as attachments to the ITR within 15 days after the initial filing of the ITR shall be subject to late filing penalties.

Revenue Memorandum Circular No. 43-2012, August 10, 2012

Tax Brief – August 2012

Punongbayan and Araullo