The IRS is seeking feedback on its preview of proposed changes to certain sections of Form 6765, Credit for Increasing Research Activities.
The IRS is providing a preview to solicit feedback from stakeholders ahead of the formal draft release process for form changes.
Proposed changes to Form 6765 will provide taxpayers with a consistent and predefined format for tax reporting and improve the information received for tax administration.
They will also build on ongoing efforts to manage research credit issues and resources in the most effective and efficient manner possible. The IRS is considering making the changes effective beginning with tax year 2024.