BIR Form 1702Q
Corporations, partnerships, and non-individual taxpayers are required to file their Quarterly Income Tax Return using BIR Form 1702Q. With Taxumo, you can easily prepare, file, and pay your 1702Q online.
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About Form 1702Q
Full Name | Quarterly Income Tax Return |
Issued by | Bureau of Internal Revenue (BIR) |
Current Version | January 2018 (ENCS) |
Who must File | A domestic corporation (organized in the Philippines), a resident foreign corporation (organized abroad but doing business in the Philippines), a non-resident foreign corporation earning income from the Philippines, a partnership (general, limited, or professional), and any other non-individual taxpayer required to pay income tax.
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VAT Threshold | The VAT Threshold is the 3,000,000 PHP annual gross sales limit that mandates a corporation to register for and remit 12% VAT. Once reached, BIR Form 1702Q must reflect all income and expenses net of VAT to ensure proper tax credit reporting. |
Filing Channel | eFPS, eBIRForms, or online tax software providers (TSPs) like Taxumo. |
Deadlines
*Dates above are the Bureau of Internal Revenue’s (BIR) official deadlines. Taxumo sets its deadlines 2-3 days prior to ensure your filings are processed and submitted on time.
Frequently Asked Questions
Yes. All registered corporations must submit a “Zero Return” even with no operations to avoid a minimum 1,000 PHP compromise penalty and open-case issues.
If you are VAT-registered, report all figures net of VAT. If you are Non-VAT, report the gross amount since you cannot claim input tax credits separately.
1. Fix your Settings
Update your profile and tax settings to make sure your taxpayer details are correct.
2. Input Your Data
In Cashflow and Withheld Tax, record your income under Received. Taxumo will automatically compute your tax dues for the quarter.
3. File and Pay
Go to Tax Dues, click File Now inside the tax card, and Taxumo will handle the filing and payment directly with the BIR.
To get your filing records, visit the Past Filings tab and download your BIR confirmation (for both filing and any attachments) plus your payment confirmation.
Use Taxumo today!
Automate your tax filing with Taxumo. Easily calculate your taxes, generate BIR forms and e-invoices, and track your cash flow in real-time. Pay your dues via e-wallet, card, or installments—anytime, anywhere, on any device.