Tax season can be confusing, especially for freelancers navigating the ins and outs of ITR filing. To help you out, we’ve answered some of the most common tax questions you might have. Let’s break it down!
1. Can I pay after filing my ITR?
✅ Yes! You can pay after filing as long as it’s on or before April 15, 2025.
📌 Example:
If you filed on February 10 but plan to pay on March 15, that’s perfectly fine—as long as it’s within the deadline. However, if you miss April 15, penalties will apply, so don’t delay!
📌 Reminder: Always process your tax payment after receiving the BIR email confirmation or tax return confirmation.
2. How should I round off my total income?
✅ Follow proper rounding rules:
✔ .49 and below → Round down
✔ .50 and above → Round up
📌 Example:
- ₱100,499.49 → ₱100,499
- ₱100,499.50 → ₱100,500
3. Do I need to visit the BIR office after filing and paying?
✅ No need! ITR filing is fully online, and tax payment can also be done online or via BIR-authorized agent banks. There’s no requirement to visit the BIR office.
4. How do I get my ITR?
✅ BIR does not send your ITR—you have to generate it yourself!
✔ Once you’ve filed, print your ITR and keep a copy.
✔ Save a digital copy for your records.
📌 Need a step-by-step guide? Check out our full free guide on ITR Filing 2024 (available on YouTube) for complete instructions!
5. Can I pay my tax due even if I haven’t received the Tax Return Receipt Confirmation?
✅ Best practice: Wait for the email confirmation before paying.
📌 But what if it’s already April 15 and you haven’t received it?
✔ Pay anyway! On deadline days, confirmation emails can be delayed for up to a week. However, this is not an excuse to miss the payment deadline—failure to pay by April 15 will result in automatic penalties.
6. What should I do if I have no tax due after filing my ITR?
✅ Secure your records!
✔ Print a hard copy of your ITR and email confirmation.
✔ Save a digital copy in Google Drive, Dropbox, or any secure storage.
📌 Why? BIR may require it in the future, and having organized records will save you time and hassle.
7. Do I need to sign my ITR before submitting it for requirements?
✅ Yes! Always sign your Income Tax Return (ITR) before using or submitting it for any requirement.
📌 Why?
✔ A signed ITR is officially valid—some institutions won’t accept unsigned copies.
✔ Avoid delays—incomplete documents can cause processing issues.
💡 Before submitting, double-check and sign it! ✅
Stay Tax-Compliant and Stress-Free
Filing your ITR doesn’t have to be overwhelming. By understanding the process and following these simple rules, you can stay compliant while avoiding penalties and unnecessary stress.
📌 Follow us on our socials (TikTok, YouTube, Facebook, and Instagram) and read our blogs for more freelancer tax and finance tips!