Schedule RC print requirements
To calculate and print Massachusetts Schedule RC, Research Credit:
- In theOrganizer, selectStates, thenMassachusetts.
- SelectGeneral CreditsthenResearch.
- In theResearch Creditsection, make sure any of these options are marked:
- The Corporation is electing to useMassachusetts gross receipts.
- Alternate Simplified Method
- InTax Forms, selectStates, thenMassachusetts.
- SelectSch RC – Research Creditand make sure there's an amount on at least 1 of these lines:
- Sch RC, Page 1,Part 2,Line 13
- Sch RC, Page 2,Part 3,Line 22
- Do a full recompute, then print the return.