Form 306 - Research And Development Tax Credit - 2012 Page 2

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PART V
CALCULATION OF RESEARCH AND DEVELOPMENT TAX CREDIT CARRYOVER
NOTE: Generally, this credit may be carried over for seven (7) years following the credit’s tax year, however, certain
types of research qualify for a fifteen (15) year carryover. See instructions for Part V.
25. Enter amount from line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25.
26. Enter amount from line 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26.
27. Research and Development Tax Credit Carryover - line 25 minus line 26 . . . . . . . . . . . . . . . . . . . . . . . . 27.
FORM 306 (1-12, R-13)
Page 2

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