Understanding Tax Credit Filing Forms

Form 6765

Used to claim the election of R&D tax credits to the IRS This form is generated by TaxTaker after completion of the R&D Assessment.. Form 6765 must be submitted alongside your annual tax return in order to claim tax credits.

Form 3800

Used to indicate the election of General Business Credits This form is typically generated by your CPA and submitted alongside your annual tax return and Form 6765.

Forms 1120, 1120-S, 1065, and 1040

Filed alongside Form 6765 and annual tax return (only applicable to certain businesses with the following corporate tax structures): Form 1120 for C-Corps, Form 1120S for S-Corps, Form 1065 for Partnerships, Schedule C for Form 1040 for Sole Proprietorships

Form 8974

Used to redeem R&D payroll tax credits  Use Form 8974 to determine the amount of the qualified small business payroll tax credit for increasing research activities that you can claim on Form 941.

Form 941

Employer's quarterly federal tax return Employers who withhold income taxes, social security tax, or Medicare tax from employees' paychecks or who must pay the employer's portion of social security or Medicare tax.

Form 941-X

Adjusted employer's quarterly federal tax return or claim for refund This form is used to correct errors on a previously filed Form 941.

Form 943

Agricultural employer’s quarterly federal tax return File this form if you paid wages to one or more farmworkers and the wages were subject to social security and Medicare taxes or federal income tax withholding.

Form 944

Small employer’s quarterly federal tax return Employers whose annual liability for social security, Medicare, and withheld federal income taxes is $1,000 or less will file and pay these taxes only once a year instead of every quarter.