BIR Form 1702Q Quarterly Income Tax Return Guide
Practical, step-by-step guide for corporations, partnerships, and other non-individual taxpayers filing BIR Form 1702Q in the Philippines.
Overview
BIR Form 1702Q is the quarterly income tax return for corporations, partnerships, and other non‑individual taxpayers in the Philippines. Below is a practical step‑by‑step guide plus what you actually pay.
What youll learn in this BIR Form 1702Q guide
This BIR Form 1702Q quarterly income tax return guide explains the requirements, step-by-step filing process, and payment rules for corporations and other non-individual taxpayers in the Philippines.
You may also want to review our BIR Form 1701Q Guide, TRAIN Law Compliance Guide (RA 10963), and Digital Tax Filing & Payment (eBIRForms) Guide to see how quarterly returns fit into your overall tax compliance.
To make sure your corporate books match what you report in 1702Q, you can also use our free BIR Book of Accounts Tool to organize quarterly revenues, expenses, and credits in a way that supports BIR audits and filings.
Who Must File and When
Who must file: Required for corporations, partnerships, and other non‑individual taxpayers, even if there is no income or zero tax due for the quarter.
When to file: Filed every quarter, typically within 60 days after the close of each taxable quarter. Specific deadlines per quarter are regularly announced in BIR tax reminders and advisories.
Prepare Requirements
Basic registration details
TIN, RDO code, registered address, line of business, and contact number.
Quarterly financials
Sales/revenue, cost of sales/services, other income, and deductible expenses for the quarter (and prior quarters of the same taxable year where applicable).
Withholding & attachments
BIR Form 2304 (if income payments not subject to withholding), BIR Form 2307 (creditable withholding tax), and any Tax Debit Memo, if applicable. These are listed as required attachments to 1702Q.
Fill Out BIR Form 1702Q
You can file via manual, eBIRForms, or eFPS; eBIRForms and eFPS are the usual routes for corporations. Below is the general sequence of entries in the electronic form:
- Indicate taxable year and quarter, and whether the return is amended; specify the number of sheets attached.
- Confirm background info (TIN, RDO, line of business, taxpayer name, address, etc.).
- Indicate if availing of tax relief under a special law or tax treaty, and pick the correct ATC and tax rate (regular, special, or exempt).
- Input sales/revenues/receipts per rate bracket (exempt/special/regular), cost of sales/services, other income, and deductions per rate bracket.
- For 2nd/3rd quarters, include taxable income from previous quarter(s) and prior year’s excess credits, if applicable.
- Encode prior quarter payments and creditable taxes withheld (previous and current quarter) based on Form 2307.
- Let the system compute tax due, MCIT (if applicable), and net tax payable or overpayment; supply penalties fields only if filing late or with confirmed penalties.
- Validate and then submit. Keep the reference number or filing confirmation generated by the system.
Payment and Where to Pay
If there is tax due, pay upon filing through:
- Authorized Agent Banks (AABs) within the RDO’s jurisdiction.
- If no AAB in the area: via the Revenue Collection Officer or duly authorized city/municipal treasurer under your RDO.
- For eFPS or integrated payment channels, you may pay online using enrolled bank accounts or supported payment partners (e.g., GCash, Maya) through accredited providers.
If this is a "no payment return" (zero tax due), you still need to file BIR Form 1702Q, but no tax payment is made.
Keep your filing reference or confirmation as proof of timely submission.
Penalties and Additional Charges
There is no fixed "filing fee" for 1702Q, but if you are late or incorrect, the following additions to tax may apply:
- Surcharge: 25% of the tax due for late filing, late payment, or filing with the wrong office; 50% if due to willful neglect or fraudulent return.
- Interest: 20% per annum (or the applicable legal interest rate) on any unpaid tax from due date until full payment.
- Compromise penalty: fixed amounts depending on the deficiency or violation, following BIR compromise schedules.