Amendment/Addendum to RMO No. 29-91 Relative to the Receipt of Individual Income Tax Returns (BIR Form Nos. 1701 and 1701 A) under the New Payment Control System

January 13, 1992 REVENUE MEMORANDUM ORDER NO. 05-92 SUBJECT : Amendment/Addendum to RMONo.29-91 Relative to the Receipt of Individual Income Tax Returns (BIR Form Nos. 1701 and 1701 A) under the New Payment Control System TO : All Internal Revenue Officers, RISSI/Bank Officials and Employees and Others Concerned The following amendments/addendum to RMO No. 29-91 dated September 11, 1991 relative to the receipt of individual income tax returns (BIR Form Nos. 1701 and 1701 A) are hereby issued for the guidance and compliance of all concerned. A. To ease the workload of the accredited banks on the receipt and processing of tax returns, all 1701 A returns without cash/check payment shall be filed with the Collection Officers per RMO No. 43-91. These shall cover 1701A returns which are exempt or refundable or those taxable returns which are break-even (with tax due equals tax withheld) and those to be paid fully or on second installment thru Tax Debit Memo (TDM). cd However, if corresponding penalties for the abovementioned 1701 A returns due to late/out-of-district filing shall be paid by the taxpayer concerned at the time of filing, these shall be filed directly with the accredited banks. B. An individual taxpayer earning income from compensation and business/profession has the option to file his income tax return (1701) either in his legal residence or place of business. In such a case, accredited banks within the district where the taxpayer's residence is located may accept these returns with TIN labels whose RDO code (pertaining to the taxpayer's place of business) is different from that of the accredited banks, without imposing penalty for filing out-of-district. Accredited banks shall verify the taxpayer's residence based on the address indicated on the TIN label of the spouse, if any. C. Also, an individual taxpayer earning pure compensation income has an option to file his income tax return (1701 A) either in his legal residence or place of employment. Accredited banks located within the district where the taxpayer's residence or place of employment is located may accept 1701 A return without imposing penalty for filing out-of-district, since its TIN label shall not contain the RDO code. aisa dc The accredited bank shall verify the taxpayer's residence based on the address indicated on the TIN label or the place of employment based on the information reflected on Section B of 1701 A return. D. Repealing Clause: This Order hereby repeals and amends accordingly all issuances on portions thereof inconsistent herewith. E. Effectivity: This Order shall take effect on January 2, 1992. (SGD.) JOSE U. ONG Commissioner of Internal Revenue