Submit the validated file through the eBIRForms platform.
Yes, you can file online for free using the , which is the BIR’s free electronic filing system for non‑eFPS taxpayers. You can download it from the BIR website. Some third‑party services like JuanTax also offer free accounts with basic features.
BIR forms require that you do not enter centavos; round off the amounts to the nearest peso.
General professional partnerships (GPPs) and ordinary partnerships. Estates and trusts engaged in trade or business. bir form 1702 rt version 2018 excel format free
Ordinary Allowable Itemized Deductions (salaries, rent, utilities, depreciation, etc.)
A very common question is: "Can I get a free, downloadable Excel version of BIR Form 1702-RT v2018?"
Navigating Philippine tax laws requires precision. While the Bureau of Internal Revenue (BIR) provides the definitive interactive platform via Offline eBIRForms package software, an Excel format functions as an invaluable sandbox for local accounting preparation. What is BIR Form 1702-RT? Submit the validated file through the eBIRForms platform
For corporations operating on a calendar year basis, the deadline is of the succeeding year. For corporations on a fiscal year basis, it is due on the 15th day of the 4th month following the close of the designated fiscal year.
Following the implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) Law (Republic Act No. 10963), the BIR updated this form in . This updated version features: A streamlined layout compared to older versions.
Itemized Deductions [Section 34. Optional Standard Deduction (OSD) – 40% of Gross Income. Bureau of Internal Revenue BIR Form 1702-RT - eFPS Some third‑party services like JuanTax also offer free
The BIR provides this form for free on their official website. Be cautious of third-party sites that may charge fees or bundle malware.
Do you need help understanding the difference between and the optional standard deduction ? Share public link
Form 1702-RT is the official annual income tax return for corporations, partnerships, and other non-individual entities subject only to the standard Regular Corporate Income Tax (RCIT) rate. Its full title is the "Annual Income Tax Return For Corporation, Partnership and Other Non-Individual Taxpayer Subject Only to REGULAR Income Tax Rate".