This article covers everything: What Form 1702-RT is, who should use the 2018 version, where to find a legitimate free Excel template, and how to fill it out correctly.
| Error | Consequence | Solution | |-------|-------------|----------| | Using 30% rate instead of 25% (post-CREATE) | Overpayment of tax | Manually change tax rate cell or add a note for adjustment | | Forgetting to attach financial statements | Non-compliance, penalties | Attach Audited FS, Schedules, and 2307 summary | | Incorrect RDO code | Return misrouted | Verify RDO code via BIR website | | Unlocked cells causing formula deletion | wrong tax due | Protect sheet except for input cells | bir form 1702 rt version 2018 excel format free
However, several reputable accounting and tax compliance groups have created that mirror the 2018 form exactly. Here are three trusted sources: This article covers everything: What Form 1702-RT is,
BIR Form 1702-RT is used by entities that are subject only to the . If your business is under special tax regimes (like PEZA or BOI) or has mixed income streams subject to different rates, you would typically use Form 1702-MX or 1702-EX instead. Key Deadlines: Calendar Year: On or before April 15 of each year. If your business is under special tax regimes