MONTANA
RSCH
Rev. 08 10
2010 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 tax return) ________________________________________________________________
Your Social Security Number or Federal Employer Identification 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 ___________________ Percent of Ownership ________ %
Part I – Credit Calculation for Basic Research Payments (see line item instructions)
See IRC § 41(e)
1. Basic research costs that you paid or the expenses that you incurred to qualified
organizations for basic research conducted in Montana. ..................................................................... 1. ____________
2. Qualified 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 Qualified Research Expenses (see line item instructions)
See IRC § 41(b)
4. Enter the wages that you paid for qualified 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 qualified 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 line item 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 here and on Form 2, Schedule V, for individuals;
Form PR-1, Schedule II, for partnerships; Form CLT-4S, Schedule II, for S corporations; or
Form CLT-4, Schedule C, for C corporations. This is your total available research and
development activities credit. ......................................................................................................... 18. ____________
When you file your Montana income tax return electronically, you represent that you have retained all documents required as a tax record and that you
will provide a copy to the department upon request. If you file electronically, you do not need to mail this form to us unless we contact you for a copy.
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