Form 8974 - Qualified Small Business Payroll Tax Credit For Increasing Research Activities - 2017

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8974:
950817
Qualified Small Business Payroll Tax Credit for Increasing Research Activities
Form
OMB No. 1545-0029
(January 2017)
Department of the Treasury — Internal Revenue Service
Report for this quarter . . .
Employer identification number (EIN)
Check only one box.
Name (not your trade name)
1: January, February, March
2: April, May, June
Form 941, 941-PR, or 941-SS
The credit from Part 2, line 12, will be
3: July, August, September
reported on (check only one box):
4: October, November, December
Reserved
Reserved
Calendar year
You must select a quarter if you file Form 941, 941-PR, or 941-SS.
Tell us about your income tax return.
Part 1:
1
Which income tax return did you file that elected a qualified small business payroll tax credit on Form 6765, Credit for Increasing Research Activities?
Check only one box.
Form 1040
Form 1065
Form 1120
Form 1120-F
Form 1120S
2
What tax period was covered by your income tax return?
Calendar year
or tax year beginning
/
/
ending
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3
When did you file your income tax return?
If the EIN shown above isn’t the same as the EIN used on
4
Form 6765, enter the EIN used on Form 6765.
Determine the credit that you can use this period.
Part 2:
5
Enter the amount from Form 6765, line 44, or, if applicable,
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the amount that was allocated to your EIN
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5
6
Enter the amount of the credit from line 5 that was taken
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on a previous period(s) .
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6
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7
Subtract line 6 from line 5 .
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8
Enter the amount from Form 941 (941-PR or 941-SS),
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line 5a, Column 2
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9
Enter the amount from Form 941 (941-PR or 941-SS), line
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5b, Column 2 .
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9
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10
10
Add lines 8 and 9
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11
Multiply line 10 by 50% (0.50). See the instructions if you’re a third-party payer of sick pay or if
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you received a Section 3121(q) Notice and Demand .
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Credit. Enter the smaller of line 7 or line 11. Also enter this amount on Form 941 (941-PR or
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941-SS), line 11 .
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8974
For Paperwork Reduction Act Notice, see the separate instructions.
Form
(1-2017)
IRS.gov/form8974
Cat. No. 37797C

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