Philly Tax Account number

[Maneesh Joshi]

Hi All,

Just looking for some general guidance. I am in the process of applying for the Philly Tax account number online (to get a rental license) and one of the screens ask which business taxes apply to you. I know that the "Net Profits" applies for sure but I was wondering if I needed to click the Business Income(BIRT) one as well. It seems like I would need to add this one as well but in the description it says the first 100k is exempt and since my SFH will not be even close to earning that much rental income do I need to apply for it? Just wanted to see if others have come across this issues and how they handeled it. I am just have one property as a indivdual that I will be renting out.

I totally understand that this is not tax/legal advice but thought it might be nice to get some experiences of others.

https://www.phila.gov/services/payments-assistance-taxes/business-taxes/business-income-receipts-tax-birt/

Thanks,

Maneesh