​Changes were made to the 2015 Schedule R and instructions to clarify how the research credit is computed for claimants that do not have qualified research expenses in one or more of the three prior years. The modifications to Schedule R include language changes on lines 9, 12, and 13; and an example has been added in the Schedule R instructions for when to average prior year research expenses. The revised 2015 Schedule R and the instructions are available on our website at: 2015 Income Tax Forms​. These changes have been communicated to approved third-party tax software vendors. Please update your tax software regularly to ensure you have the most up-to-date forms before filing.

February 18, 2016

Updates were made to the code or formatting on this page as of February 18, 2016. This date does not reflect the effective date or any other date relating to the content of this page.