- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Thank you for clarifying who needs to fill out the Form 1120. So, in our LLC case filing Sch. C, we need to reduce the labor expenses in Sch. C if we claim R&D credits on Form 6765/3800. Is it right?
The payroll credits we are going to claim is purely for R&D. We are eligible for taking it.
Thanks!
March 13, 2022
7:39 PM