BIR Form 1702-RT (Annual Income Tax Return for Corporations, Partnerships, and Other Non-Individual Taxpayers Subject Only to Regular Income Tax Rate) version January 2018 (ENCS)
The RT version of 2018 refers to the revised version of BIR Form 1702, which was released by the BIR in 2018. This version is used for reporting income earned from January 1 to December 31 of the same year. bir form 1702 rt version 2018 excel format
3. Can I use the 2018 version for fiscal year 2024?
Yes, unless the BIR releases a newer form version before your filing deadline. Monitor BIR RMC No. and eBIRForms update notices. BIR Form 1702-RT (Annual Income Tax Return for
Where to find the official reference PDF:
Visit www.bir.gov.ph → under “Taxes & Forms” → select “Income Tax” → filter by “Form 1702-RT” → choose version “January 2018 (ENCS)”. Can I use the 2018 version for fiscal year 2024
Despite the availability of PDF and eBIRForms, many tax practitioners and corporate finance departments prefer an Excel-based template of BIR Form 1702-RT (2018). Excel offers flexibility not found in static PDFs: users can link worksheets, automate carry-forward of prior year’s data, create dynamic schedules for depreciation, NOLCO (Net Operating Loss Carry-Over), and itemized deductions, and perform instant error-checking through formulas. Moreover, Excel allows for easy conversion to CSV or other formats when integrating with accounting systems.
: Calculations for net sales, cost of sales, gross income, and taxable income. Supporting Schedules