IRS Form 8974, Qualified Small Business Payroll Tax Credit for Increasing Research Activities, is used by qualified research and development small businesses to claim a newly available payroll tax credit for startups. During your filing process, you will be asked if “you are eligible for the Qualified Small Business Payroll Tax Credit For increasing Research Activities?”, the form will be automatically generated for you to complete and submit along with your Form 941.
Last modified 08 Sep 2017 06:09 EST
