Question
Relevant information: Juan Reyes Dela Cruz, single and a Filipino citizen, died on February 14, 2020. At the time of his death, he resides in
Relevant information:
Juan Reyes Dela Cruz, single and a Filipino citizen, died on February 14, 2020. At the time of his death, he resides in N. Reyes St., Sampaloc, Manila.
In filing his estate tax return, the BIR RDO No. 032 Manila assigned Taxpayer Identification No. 123-456-789-0000 to his estate. On the other hand, YOU, as the administrator of his estate was given TIN no. 987-654-321-0000.
The following are the composition of his estate:
- Lot
- House and Lot (Family home)
- Cash (Bank of Macabebe Account No. 14344) Php 2,000,000.00
Additional information:
Details | Lot | House and Lot |
Title No. | 001 | 002 |
Tax Declaration No. - Land | 11-01 | 11-02 |
Tax Declaration No. - House |
| 11-03 |
Location | San Isidro, Macabebe, Pampanga | N. Reyes St, Manila |
Area | 100 sqm | 100sqm |
Classification | Agricultural | Residential |
Details | Zonal Value | Assessed Value |
Lot in Pampanga | Php 3,000,000.00 | Php 1,000,000.00 |
Lot in Manila | Php 3,000,000.00 | Php 2,000,000.00 |
House |
| Php 2,000,000.00 |
Instructions:
- Download excel file of BIR Form 1801 Version 2018 at www.bir.gov.ph.
- Input ALL the necessary information in the return (see below).
- Compute the estate tax payable, if any.
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