Form 6765 Line 8

[shimkonis66]

Hello,

Regarding Form 6765 credit for Increasing Research Activities:

Line 8: Enter the applicable percentage of contract research expenses.

Does this mean I take a percentage of the aggregate total of lines 5-7 ?

So, if lines 5 + 6 + 7 = $100,000 then I take, as in my case, 65% of $100,000 and enter it on line 8?