In Item no. 2 <Year Ended (MM/YYYY)> field, select month from the list and enter the year.

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• In Item no. 2 ltYear Ended (MM/YYYY)gt field,
  select month from the list and enter the year.
• Note
• The year must not be greater than the present
  year.
• In Item no. 5 ltATCgt, click on the blue link to
  select Alphanumeric Tax Code.

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ATC LOOKUP WINDOW

• Select Alphanumeric Tax Code accompanied by the
  Code, Description and corresponding Tax Rate by
  clicking on the row you want to select. Then,
  click the OK Button
• Note
• To scroll through the list, use the up and down
  arrows.
• Clicking on the Cancel Button
  will close this window.

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• In Item no. 12A ltAre you availing of tax relief
  under Special Law / International Tax
  Treaty?gt field, select Yes or No to indicate
  if you are availing of tax relief or not.
• Note
• If the selected option is Yes, Item 12B is
  enabled. Select Special Rate or International
  Tax Treaty from the dropdown list.
• If the selected option is No, Item 12B is
  disabled with no selected value.

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• Supply values for Item nos. 14A, 15A and 17A, if
  applicable..
• Note
• Amounts should be greater than or equal to zero
  (0).
• Supply value for Item no. 21A ltTax Rate (except
  MCIT Rate)gt, if applicable.
• Supply value for Item no. 23A ltLess Share of
  Other Agencies (RA 7916 / 8748)gt, if applicable
  .
• Note
• Amount should be greater than or equal to zero
  (0).

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Note Values in Item nos. 14B, 14C, 15B, 15C,
17B, 17C, 19A, 19B, 19C, 24 and 25B will be
populated automatically upon completion of the
different schedules and sections. Click on the
blue links to open the different schedule and
section screens.
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Schedule 1

• In Schedule 1 of the tax form, supply the values
  for Item nos. 35, 36, 37 and 39 for Special
  Rate-Creditable Tax Withheld, Special
  Rate-Taxable Amount, Regular Rate-Creditable Tax
  Withheld and Regular Rate-Taxable Amount columns,
  if applicable. Then, click on the OK Button
  .
• Note
• Values should be greater than or equal to zero
  (0).
• Note
• The computed Special Rate and Regular Rate
  amounts in Item No. 40 ltNet Sales/Revenues/Receip
  ts/Fees gt is set to Item nos. 14B and 14C.

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Schedule 2 3

• In Schedule 2 of the tax form, supply the values
  for Item nos. 41, 42 and 44 under Special Rate
  and under Regular Rate, if applicable.
• Note
• Values should be greater than or equal to zero
  (0).
• In Schedule 3 of the tax form, supply the values
  for Item nos. 46, 47, 48, 49, 50 and 51 under
  Special Rate and under Regular Rate, if
  applicable.
• Note
• Values should be greater than or equal to zero
  (0).
• After filling out Schedules 2 and 3, click on the
  OK Button .
• Note
• The sum of Item nos. 45 and 52 under Special
  Rate and under Regular Rate is set to Item nos.
  15B and 15C.

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Schedule 4

• In Schedule 4 of the tax form, supply the values
  for Nature of Income, Special Rate-Creditable ax
  Withheld, Special Rate-Taxable Amount, Regular
  Rate-Creditable ax Withheld, Regular Rate-Taxable
  Amount columns, if applicable. Then, click on the
  OK Button .
• Note
• Nature of Income accepts a maximum of 30
  alphanumeric characters.
• Amounts should be greater than or equal to zero
  (0).
• Note
• The total of the Special Rate-Taxable Amount
  and Regular Rate-Taxable Amount is set to Item
  nos. 17B and 17C.

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Section D

• Supply values for Item nos. 77 to 109, if
  applicable.
• Note
• Values should be greater than or equal to zero
  (0).
• Descriptions for Item nos. 108 and 109 accept a
  maximum of 30 alphanumeric characters.
• For Item no. 111 ltAllowance of NOLCOgt, click on
  the Sched 5A / 5B link to open the schedule 5A /
  5B screen.

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Schedule 5A / 5B

• Supply values for Item nos. 60 and 61, if
  applicable.
• Note
• Item no. 60 should be equal to the value of
  Item no. 18C if it is positive. If Item no.18C
  is negative, then Item no. 60 is editable. If
  left empty, Item no. 60 is set to zero (0).
• Item no. 61 should be less than or equal to the
  value of Item no. 110 Regular Rate in Section
  D.
• Descriptions for Item nos. 108 and 109 accept a
  maximum of 30 alphanumeric characters.

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Schedule 5A / 5B

• For Item nos. 63 to 66, supply values for Year
  Incurred, Amount, Applied Previous Year, Applied
  Current Year and Expired columns.
• Note
• Year Incurred will accept a date input in YYYY
  format.
• Amount should be equal to the absolute value of
  Item no. 62 if Year Incurred is equal to return
  period. Otherwise, this will remain editable.
• Applied Previous Year and Applied Current Year
  should be greater than or equal to zero (0). Sum
  of Applied Previous Year and Applied Current Year
  should be less than Amount.
• Expired will accept a date input in YYYY
  format, values of which is up to 10 previous
  years from return period only.
• After filling out Schedule 5A / 5B, click on the
  OK Button .
• Note
• Item no. 67 is set to Item no. 111 under
  Regular Rate in Section D.

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Section D

• After filling out Section D, click on the OK
  Button .
• Note
• Values in Item no. 112 is set to Item nos. 19A,
  19B and 19C in the tax form.

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Section B

• Supply the value for Item no. 68 ltTotal Gross
  Income for MCIT purposesgt. Then, click on the OK
  Button .
• Note
• Item no. 68 should be equal to the value of
  Item no. 18C, whether it is positive or
  negative.
• Note
• Value in Item no. 70 ltMinimum Corporate Income
  Taxgt is set to Item no. 24 in the tax form.

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• Supply values for Item nos. 27A to 27E and 29A to
  29C, if applicable.
• Note
• Values should be greater than or equal to zero
  (0).
• If this is an amended return, supply the value
  for Item no. 27F ltTax Paid in Return Previously
  Filed, if this is an Amended Returngt field.
• Note
• Value for 27F ltTax Paid in Return Previously
  Filed, if this is an Amended Returngt should be
  greater than or equal to zero (0).
• If this is not an amended return, 27F ltTax Paid
  in Return Previously Filed, if this is an Amended
  Returngt field is disabled.
• If computed value in Item no. 30 ltTotal Amount
  Payable / (Overpayment)gt is negative, select To
  be Refunded, To be Issued a Tax Credit
  Certificate or To be Carried over as a tax
  credit next year/quarter.

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Section E

• Supply values for Item no. 113 ltNet Income/(Loss)
  per booksgt, , if applicable.
• Note
• Item no. 113 accepts both positive and negative
  values.
• Supply values for Item nos. 114, 116 and 117, if
  applicable.
• Note
• Descriptions accept a maximum of 30
  alphanumeric characters.
• Amounts should be greater than or equal to zero
  (0).

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• Supply values for ltTIN of Tax Agentgt and ltTax
  Agent Accreditation No.gt, if applicable.
• Note
• ltTIN of Tax Agentgt accepts a 9 digit numeric
  input.
• ltTax Agent Accreditation No.gt accepts a maximum
  of 15 numeric characters.
• Supply Community Tax Certificate values.
• Note
• ltCommunity Tax Certificate Nogt accepts an 8
  digit numeric input.
• ltPlace of Issuegt accepts a maximum of 20
  alphanumeric characters.
• ltDate of Issue gt should be in MM/DD/YYYY
  format.
• ltAmountgt should be greater than zero (0).