ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
R&D Tax Credit Instructions
2
Federal R&D Tax Credit. Private and Confidential.
3
Green highlight denotes a cell that requires input values
4
1. The four step 'qualified R&D activity' definition is explained ('Test' tab)
5
2. See specific examples of qualified and non-qualified projects ('Examples' Tab)
6
3. List each 'qualified R&D activity' completed by your company in the recently ended fiscal calendar (Column A of 'Projects' tab). List the Business Component of the listed 'qualified R&D activity' (Columns B-E of 'Projects tab).
7
4. Input the percent of time an employee or contractor spent on a qualified research project, as a percent of their total hours worked in the calendar year ('Allocation' Tab Column A)
8
5. For each employee/contractor that worked on a research activity, explain the information they sought to discover and accomplish during the research ('Explanation' Tab)
9
6. Input the total annual wages paid to each employee and contractor (regardless of their qualified projects). Also input the annual costs for the cloud computer services (those paid for with 'cloud expense clouds' do not qualify. Finally, input the business incorporation date and any revenue for each of the last 3 years ('Financials' Tab)
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100