Quick Answer: How do I file my taxes in Malaysia?

How can I do my own income tax in Malaysia?

How to apply for my income tax online for 2021? If you have never filed your taxes before on e-Filing income tax Malaysia 2021, go to https://edaftar.hasil.gov.my/ and click on the Daftar Individu button. You will then be asked to fill in an online form and upload some verification documents.

How do I file my taxes step by step?

10 Steps for Doing Taxes Yourself

  1. Understand the Filing Deadlines.
  2. Ensure You Need to File.
  3. Review Your Documents from Last Year.
  4. Gather All the Documents You Need.
  5. Choose Standard or Itemized Deductions.
  6. Add a State Tax Filing if Needed.
  7. Check All Your Forms and Data.
  8. Request an Extension if Necessary.

How do I submit my taxes online?

2. Online: Enter the relevant data directly online at e-filing portal and submit it. Taxpayer can file ITR 1 and ITR 4 online.

  1. PAN will be auto-populated.
  2. Select ‘Assessment Year’
  3. Select ‘ITR Form Number’
  4. Select ‘Filing Type’ as ‘Original/Revised Return’
  5. Select ‘Submission Mode’ as ‘Prepare and Submit Online’
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How do I file personal income tax in Malaysia?

In Malaysia, income tax is compulsory by law, and the income tax you pay differ based on your total taxable income for the year.

  1. Use e-Daftar and register as a taxpayer online. …
  2. Get a PIN for e-Filing registration. …
  3. Login to e-Filing and complete first-time login. …
  4. Login to e-Filing again. …
  5. File your taxes.

Is it easy to do your own tax return?

If you’ve never filled in a self-assessment tax return before, it can look daunting. But when you understand the process, it’s relatively simple – as long as you have all the information you need. Before you start, make sure you have: your ten-digit Unique Taxpayer Reference (UTR)

How do I file my taxes for the first time?

5 Tips for How to File Taxes for the First Time

  1. Gather all of your tax documents. …
  2. Decide whether your parents can claim you as a dependent. …
  3. Consider relevant tax deductions and credits. …
  4. Don’t forget about your gig economy income. …
  5. File electronically.

When can I file 2021 tax return?

Even though taxes for most taxpayers are due by April 15, 2021, you can e-file (electronically file) your taxes earlier. The IRS likely will begin accepting electronic returns anywhere between Jan. 15 and Feb. 1, 2021, when taxpayers should have received their last paychecks of the 2020 fiscal year.

How do I Efile my income tax?

How to file ITR Online AY 2021-22

  1. Note: You can now file your taxes through the New income tax portal. …
  2. Step 1: Visit the e-filing website https://www.incometax.gov.in/iec/foportal.
  3. Step 2: Register or Login to e-file your returns.
  4. Step 3: Click on ‘Taxpayer’ and then enter the details of your PAN and click on ‘validate’.
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How do I file my tax return online?

Submitting your tax returns online via SARS eFiling is easy once you get the hang of it

  1. STEP 1: Get started by logging in. …
  2. STEP 2: Generate your ITR12 tax return.
  3. STEP 3: Start work on your income tax return. …
  4. STEP 4: Using the Wizard to setup the sections of your return. …
  5. STEP 5: Complete your return in eFiling.

Is EPF taxable Malaysia?

EPF contributions are tax-deductible up to a maximum amount of RM4,000, subject to periodic amendments by the government (excluding of exemption for life insurance premium). You are exempted from paying income tax for monies withdrawn as an EPF savings withdrawal. Returns on the EPF investment are also tax-exempted.

How do I file taxes in Malaysia 2021?

Here is the step-by-step guide for the e-Filing process:

  1. Register for first-time taxpayer online via LHDN MalaysiaA~ …
  2. Go to e-Filing website. …
  3. Login to e-Filing website. …
  4. Choose the right income tax form. …
  5. Check your personal details. …
  6. Fill in your income details. …
  7. Fill in your tax reliefs, tax rebates and tax exemptions.

How do I declare taxes?

How to fill a tax declaration form

  1. Login to your income tax account on the portal (www.incometaxindiaefiling.gov.in).
  2. In the tab named ‘Forms’, locate Form 12BB and download the same.
  3. Begin filling up the form by entering your basic details like your employee code, employee name, date of birth, etc.