gov revenue formsandresources forms RSCH_fill-in

This document is a form for calculating Montana's research and development tax credit. It guides the taxpayer through a multi-part calculation to determine the credit amount. Part I deals with basic research payments to qualified organizations. Part II covers qualified research expenses, including wages, supplies, computer costs, and contract research expenses. These sections are used to calculate a total research credit, which is then multiplied by 5% to determine the final tax credit amount. Any unused credit can be carried back or forward to other tax years.