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.
27. Enter amount from line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27.
28. Enter amount from line 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28.
29. Research and Development Tax Credit Carryover - line 27 minus line 28 . . . . . . . . . . . . . . . . . . . . . . . . 29.
FORM 306 (1-12, R-12)
Page 2

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