Screen CA3523 — California Research Credit (1065)

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Overview

Use this screen to calculate the research credit on Form 3523.

Research credit

Elect alternative incremental credit
Mark this checkbox to calculate the alternative incremental credit. If you mark it, the application calculates Form 3523, Page 2, Section B. If you clear the checkbox, the application calculates Form 3523, Page 1, Section A.
Elect reduced credit under Section 280C(c)
Mark this checkbox to calculate the reduced regular credit under IRC Section 280C(c) on line 17b. If you also mark the
Elect alternative incremental credit
checkbox, the application will calculate the reduced alternative incremental credit under IRC Section 280C(c), on line 39b.

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