MONTANA
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RSCH
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Rev 04 11
2011 Increase Research and Development Activities Credit
15-31-150, MCA
For tax year beginning
and ending
M M D D Y Y Y Y
M M D D Y Y Y Y
Name (as it appears on your Montana tax return)
Social Security
Federal Employer
OR
-
-
-
Number
Identifi cation Number
If this credit is passed through to you from a partnership or S corporation, enter the entity’s name, FEIN and your
percentage of ownership in the entity.
Name ___________________________________ FEIN
Percentage ______________ %
-
Part I. Credit Calculation for Basic Research Payments. See instructions.
1. Basic research costs that you paid or the expenses that you incurred to qualifi ed
organizations for basic research conducted in Montana. ..................................................................... 1. ____________
2. Qualifi ed organization base period amount. ........................................................................................ 2. ____________
3. Subtract line 2 from line 1 and enter the result. If less than zero, enter zero. ...................................... 3. ____________
Part II. Credit Calculation for Qualifi ed Research Expenses. See instructions.
4. Enter the wages that you paid for qualifi ed services conducted in Montana (do not include wages
used to compute the work opportunity credit). ..................................................................................... 4. ____________
5. Enter the cost of your supplies used for research activities in Montana. ............................................. 5. ____________
6. Enter the cost of your rental or lease of computers used for research activities in Montana. .............. 6. ____________
7. Enter the applicable percentage of your contract research expenses incurred in Montana. ............... 7. ____________
8. Total qualifi ed research expenses. Add lines 4 through 7 and enter the result. ................................... 8. ____________
9. Fixed-base percentage, but not more than 16%. ................................................................................. 9. ____________
10. Enter the average Montana annual gross receipts. ........................................................................... 10. ____________
11. To determine your base amount, multiply line 10 by the percentage on line 9 and enter the result. . 11. ____________
12. Subtract line 11 from line 8 and enter the result. ............................................................................... 12. ____________
13. Multiply the amount on line 8 by 50% (0.50). ..................................................................................... 13. ____________
14. Enter the smaller of line 12 or 13. ...................................................................................................... 14. ____________
Part III. Total Research and Development Tax Credit. See instructions.
15. Enter the total of lines 3 and 14. ........................................................................................................ 15. ____________
16. Multiply line 15 by 5% (0.05) and enter the result. ............................................................................. 16. ____________
17. Enter the research and development tax credit that you carried forward from a prior year and
attach the schedule. ........................................................................................................................... 17. ____________
18. Add lines 16 and 17 and enter the result. This is your total available research and
development activities credit. ......................................................................................................... 18. ____________
Where to Report Your Credit
►Individuals: Form 2, Schedule V
►S corporations: Form CLT-4S, Schedule II
►C corporations: Form CLT-4, Schedule C
►Partnerships: Form PR-1, Schedule II
If you fi le your Montana tax return electronically, you do not need to mail this form to us unless we ask you for a copy. When you fi le electronically, you
represent that you have retained the required documents in your tax records and will provide them upon the department’s request.
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