Federal Credit for Increasing Research Activities

Credit for Increasing Research Activities
Form 6765 (Rev. December 2023)
6765

Form
(Rev. December 2023)
Department of the Treasury
Internal Revenue Service

Credit for Increasing Research Activities

OMB No. 1545-0619

Attach to your tax return.
Go to www.irs.gov/Form6765 for instructions and the latest information.

Attachment
Sequence No. 676
Identifying number

Name(s) shown on return

Section A—Regular Credit. Skip this section and go to Section B if you are electing or previously elected (and are not revoking) the
alternative simplified credit.
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Certain amounts paid or incurred to energy consortia (see instructions) . . . . . . . . . .
Basic research payments to qualified organizations (see instructions) . . .
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Qualified organization base period amount . . . . . . . . . . . .
3
Subtract line 3 from line 2. If zero or less, enter -0- . . . . . . . . . . . . . . . . .
4
Wages for qualified services (do not include wages used in figuring the work
opportunity credit) . . . . . . . . . . . . . . . . . . . .
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Cost of supplies
. . . . . . . . . . . . . . . . . . . .
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Rental or lease costs of computers (see instructions) . . . . . . . .
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Enter the applicable percentage of contract research expenses. See instructions
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Total qualified research expenses. Add lines 5 through 8 . . . . . . .
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Enter fixed-base percentage, but not more than 16% (0.16) (see instructions)
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%
Enter average annual gross receipts. See instructions . . . . . . . .
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Multiply line 11 by the percentage on line 10 . . . . . . . . . . .
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Subtract line 12 from line 9. If zero or less, enter -0- . . . . . . . . .
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Multiply line 9 by 50% (0.50) . . . . . . . . . . . . . . . .
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Enter the smaller of line 13 or line 14
. . . . . . . . . . . . . . . . . . . . .
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Add lines 1, 4, and 15 . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Are you electing the reduced credit under section 280C?
Yes
No
If “Yes,” multiply line 16 by 15.8% (0.158). If “No,” multiply line 16 by 20% (0.20) and see the
instructions for the statement that must be attached. Members of controlled groups or businesses
under common control, see instructions for the statement that must be attached . . . . . . .
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Section B—Alternative Simplified Credit. Skip this section if you are completing Section A.
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Certain amounts paid or incurred to energy consortia (see the line 1 instructions) . . . . . . .
Basic research payments to qualified organizations (see the line 2 instructions)
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Qualified organization base period amount (see the line 3 instructions) . . .
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Subtract line 20 from line 19. If zero or less, enter -0- . . . . . . . . . . . . . . . .
Add lines 18 and 21 . . . . . . . . . . . . . . . . . . . . . . . . . . .
Multiply line 22 by 20% (0.20) . . . . . . . . . . . . . . . . . . . . . . . .
Wages for qualified services (do not include wages used in figuring the work
opportunity credit) . . . . . . . . . . . . . . . . . . . .
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Cost of supplies
. . . . . . . . . . . . . . . . . . . .
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Rental or lease costs of computers (see the line 7 instructions) . . . . .
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Enter the applicable percentage of contract research expenses. See the line 8
instructions . . . . . . . . . . . . . . . . . . . . . .
27
Total qualified research expenses. Add lines 24 through 27 . . . . . .
28
Enter your total qualified research expenses for the prior 3 tax years. If you had
no qualified research expenses in any one of those years, skip lines 30 and 31
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Divide line 29 by 6.0 . . . . . . . . . . . . . . . . . . .
30
Subtract line 30 from line 28. If zero or less, enter -0- . . . . . . . .
31
Multiply line 31 by 14% (0.14). If you skipped lines 30 and 31, multiply line 28 by 6% (0.06) . . . .
Add lines 23 and 32 . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Are you electing the reduced credit under section 280C?
If “Yes,” multiply line 33 by 79% (0.79). If “No,” enter the amount from line 33 and see the line 17
instructions for the statement that must be attached. Members of controlled groups or businesses
under common control, see instructions for the statement that must be attached . . . . . . .

For Paperwork Reduction Act Notice, see separate instructions.

Cat. No. 13700H

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Form 6765 (Rev. 12-2023)

Page 2

Form 6765 (Rev. 12-2023)

Section C—Current Year Credit
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Enter the portion of the credit from Form 8932, line 2, that is attributable to wages that were also
used to figure the credit on line 17 or line 34 (whichever applies) . . . . . . . . . . . . .
Subtract line 35 from line 17 or line 34 (whichever applies). If zero or less, enter -0- . . . . . .
Credit for increasing research activities from partnerships, S corporations, estates, and trusts . . .
Add lines 36 and 37 . . . . . . . . . . . . . . . . . . . . . . . . . . .
• Estates and trusts, go to line 39.
• Partnerships and S corporations not electing the payroll tax credit, stop here and report this amount on
Schedule K.
• Partnerships and S corporations electing the payroll tax credit, complete Section D and report on
Schedule K the amount on this line reduced by the amount on line 44.
• Eligible small businesses, stop here and report the credit on Form 3800, Part III, line 4i. See instructions
for the definition of eligible small business.
• Filers other than eligible small businesses, stop here and report the credit on Form 3800, Part III, line 1c.
Note: Qualified small business filers, other than partnerships and S corporations, electing the payroll tax
credit must complete Form 3800 before completing Section D.
Amount allocated to beneficiaries of the estate or trust (see instructions) . . . . . . . . . .
Estates and trusts, subtract line 39 from line 38. For eligible small businesses, report the credit on
Form 3800, Part III, line 4i. See instructions. For filers other than eligible small businesses, report the
credit on Form 3800, Part III, line 1c . . . . . . . . . . . . . . . . . . . . . .

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Section D—Qualified Small Business Payroll Tax Election and Payroll Tax Credit. Skip this section if the payroll tax election does
not apply. See instructions.
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Check this box if you are a qualified small business electing the payroll tax credit. See instructions
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Enter the portion of line 36 elected as a payroll tax credit (do not enter more than $500,000). See
instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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General business credit carryforward from the current year (see instructions). Partnerships and S
corporations, skip this line and go to line 44 . . . . . . . . . . . . . . . . . . .
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Partnerships and S corporations, enter the smaller of line 36 or line 42. All others, enter the smallest of
line 36, line 42, or line 43. Enter here and on the applicable line of Form 8974, Part 1, column (e).
Members of controlled groups or businesses under common control, see instructions for the statement
that must be attached . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Form 6765 (Rev. 12-2023)