Bir Form 1702 Rt Version 2018 Excel Format Free 【VALIDATED BREAKDOWN】
Once the Excel form is filled out:
A. Manual Filing (for non-eFPS filers):
B. Electronic Filing (eFPS): If your taxpayer is enrolled in the BIR's Electronic Filing and Payment System (eFPS), you typically do not use the offline Excel file. Instead, you log in to the eFPS portal and encode the data directly online. However, some users use the Excel file to simulate calculations before logging into eFPS.
A: Nowhere. The BIR does not accept Excel attachments. Print the Excel sheet (or its summary) and keep it in your records for audit purposes. bir form 1702 rt version 2018 excel format free
Before downloading from third-party sites, note that the BIR itself does NOT provide an official Excel version of Form 1702-RT. They only provide PDF and their proprietary eBIRForms software.
However, several reputable accounting and tax compliance groups have created free, reliable Excel templates that mirror the 2018 form exactly. Here are three trusted sources:
Because the BIR Excel forms utilize macros for calculation and validation, you must ensure your computer is set up correctly: Once the Excel form is filled out: A
Even with a perfect template, mistakes happen. Avoid these:
BIR Form No. 1702-RT is the Annual Income Tax Return for Corporations, Partnerships, and Other Non-Individual Taxpayers.
The "RT" stands for Return of Tax. This specific form is filed by taxpayers who are: Before downloading from third-party sites, note that the
The "2018 Version": This version was specifically updated to align with the Tax Reform for Acceleration and Inclusion (TRAIN) Law. While called "v2018", this form was the standard for filing Annual Income Tax Returns for taxable years 2018, 2019, and 2020.
A: Yes, as long as the partnership is subject to the regular corporate income tax (25%). General Professional Partnerships use Form 1702-EX.