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Will this credit take away my expenses?

  • By wmanglitz
  • March 27, 2018

No.  This credit is in addition to the expenses you will file on your tax return.  This credit is a dollar-for-dollar reduction of tax liability.

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    © 2026 Transcend Tax and Consulting

    • Home
    • About Us
    • Section 174
    • The R&D Credit
    • Industries
    • FAQ
    • Make a Payment
    • Contact Us
    • Home
    • About Us
    • Section 174
    • The R&D Credit
      • What is the R&D Credit
      • Estimate Your Credit
    • Industries
      • Agriculture
      • Architecture & Construction
      • Engineering
      • Manufacturing
      • Software & Technology
    • FAQ
    • Make a Payment
    • Contact Us