Form 05-182-A — Texas Franchise Tax R&D Activities Credit Schedule (Annual)

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, , , . , , , . , , , . , , , . , , , . Texas Comptroller Official Use Only VE/DE Texas Franchise Tax Subchapter T Research and Development Activities Credits Schedule Tcode Taxpayer number Report year Taxpayer name Credit Eligibility Questions A. Did this entity report federal qualified research expenses on Line 48 of Internal Revenue Service Form 6765 for the period covered by this report? (If the answer to this is "No, " skip to item 12 and enter zero; then continue to item 13) A. Yes No B. Total amount reported on Line 48 of Internal Revenue Service Form 6765 B. Qualified research expenses in Texas (QRET) 1a. Total QRET for the period covered by this report 1a. 1b. Do the total QRETs for the period covered by this report include any QRETs under a higher education contract? 1b. Yes No 2. Total QRET in 1st preceding tax period 2. 3. Total QRET in 2nd preceding tax period 3. 4. Total QRET in 3rd preceding tax period 4. Credit Calculation for Entities with 3 preceding periods of QRET (If entity has no QRET in one or more of the 3 preceding periods, skip to Item 10) 5. Average QRET for preceding periods (Average of amounts in Items 2, 3 and 4) 5. 6. Average QRET x 50% (Multiply Item 5 by 0.50) 6. 7. Difference (Item 1a minus Item 6, if less than zero, enter zero) 7. 8. Credit [If answer to Item 1b is "No, " multiply Item 7 by 8.722% (0.08722); otherwise, leave Item 8 blank and calculate credit in Item 9] 8. 9. Credit [If answer to Item 1b is "Yes, " multiply Item 7 by 10.903% (0.10903)] 9. Credit Calculation for Entities with no QRET in one or more of the 3 preceding periods (If entity has 3 preceding periods of QRET, skip to Item 12) 10. Credit [If answer to Item 1b is "No, " multiply Item 1a by 4.361% (0.04361); otherwise, leave Item 10 blank and calculate credit in Item 11] 10. 11. Credit [If answer to Item 1b is "Yes, " multiply Item 1a by 5.451% (0.05451)] 11. Subchapter T Research and Development (R&D) Activities Credit 12. Subchapter T R&D activities credit for current year (Enter amount from either Item 8, 9, 10 or 11) 12. 13. Subchapter T R&D activities credit carried forward from prior years 13. 14. Subchapter T R&D activities credit available (Add Item 12 plus Item 13. Enter amount on Item 14 of Form 05-181) 14.