Internal Revenue Bulletin: 2006-26 |
June 26, 2006 |
The 2005 Form 6765 has been revised to show that only 20% (instead of 100%) of the energy research consortia expense is included in the alternative incremental credit. Under Section B—Alternative Incremental Credit, the following changes are made:
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Line 21 is changed to line 21a
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Line 21b is added to show the sum of lines 18 and 21a.
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The line 22 text is changed to incorporate line 21b.
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The reference to line 18 in the line 40 text is deleted.
A corrected version of 2005 Form 6765, Credit for Increasing Research Activities, is now available for download at http://www.irs.gov/pub/irs-pdf/f6765.pdf
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