MI Form 6765 2025

MI Form 6765: What You Should Know

Research Activities in the State. Use the form to file your return for the tax year and submit it to the Tax Department. For your records, send the same form to the Michigan Department of Treasury for the tax year. Using Form 6765 to claim the reduced research credit — IRS Claiming a Reduced R&D Credit — IRS R&D Credit | Federal Tax In addition to the credit for increasing research activities described above, the IRS is authorized under section 482(c)(2) to provide credit for R&D activities (or qualified expenditures) that have substantially the same character and accomplishment as the research activity, where-- (1) an act or omission of the taxpayer was the principal reason for which the taxpayer received a loan, grant, or contract for R&D; and (2) the research or R&D expenditures were for the purpose of developing and applying an idea, or for the development of a product, product improvement, or process, that-- (A) is similar to, and is capable of being applied to, any product, product improvement, or process described in paragraph (1) or any new product, product improvement, or process; and (B) is not a product, product improvement, or process described in clause (A). The following rules apply. Eligible R&D Expenditures — Expenses That are Generally Treated as a Deduction — IRS (Rev. 1-03), IRS Form 4957 Expense Limitations — IRS  (1) In general.  (A) General rule.--An expense is not otherwise entitled to a deduction unless-- (i) any of the following applies: (I) it is incurred to acquire an asset, or (II) it is incurred in the course of a business activity in which the taxpayer is a party, or (ii) it is incurred in the ordinary course of making (or attempting to make) a profit. (B) Certain expenses not subject to this rule.--In the case of expenses incurred for the conduct of an activity in which the taxpayer is not a party-- (i) no deduction is allowable as a consequence of the activity, provided that a deduction in this title is allowable under section 6662, with respect to the taxpayer's allocable share of earnings and profits and a deduction under section 6662(b) is allowable under section 6662(d).

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