Bir Form 1702 Rt Version 2018 Excel Format [top] Free -

Disclaimer: This guide is for informational purposes only. Tax laws and forms are subject to change. The version discussed (2018) was used for taxable years 2018, 2019, and 2020. For the most current taxable years, the BIR generally requires the use of the latest versions (e.g., v2018 or later, often filed via eFPS). Always consult a Certified Public Accountant (CPA) or the Bureau of Internal Revenue (BIR) for specific tax advice.

Step 6: Determine Payment

  • Still payable (positive number) or Overpayment (negative).
  • Overpayments can be refunded or carried over to next year.

Option 1: The BIR Website (Official but Tricky)

The Bureau of Internal Revenue’s official website (www.bir.gov.ph) offers forms under the "Downloads" section. However, most are in PDF. For Excel formats, they sometimes release BIR Form 1702 RT (Excel version) as part of tax software kits or old archives. As of this writing, direct Excel files may not be prominently listed. bir form 1702 rt version 2018 excel format free

Steps to check:

  1. Go to BIR website → Downloads → BIR Forms → Income Tax Forms.
  2. Look for "1702-RT" – if Excel is unavailable, download the PDF as a reference.

Part 1: What is BIR Form 1702-RT?

BIR Form 1702-RT stands for "Annual Income Tax Return For Corporations, Partnerships and Other Non-Individual Taxable Under Regular Tax Rate." Disclaimer: This guide is for informational purposes only

It is the annual tax return filed by:

  • Domestic corporations (DC)
  • Resident foreign corporations (RFC)
  • Partnerships (except General Professional Partnerships)
  • Taxable estates and trusts

The "RT" in its name refers to the Regular Tax rate of 25% (or 20% for certain corporations with net taxable income not exceeding ₱5 million and total assets not exceeding ₱100 million, excluding land). Step 6: Determine Payment

Option 2: BIR eFPS (Electronic Filing and Payment System)

If you are an accredited eFPS taxpayer, the system offers an offline Excel-based return generator. This is the safest source.

7. How to Use the Excel File

  1. Input Data: Fill out the white/gray cells. Do not type in cells with formulas (usually shaded darker).
  2. Validation: Check the validation sheets included in the Excel workbook.
  3. Generate Validation Data: The form usually generates a validation code.
  4. Print: Print three copies (Copy for BIR, Copy for Taxpayer, Copy for Bank/Accredited Agent).