The IRS published the final Form 6765 and its instructions for the tax year 2024 on February 10, 2025. This form is used to claim the credit for increasing research activities. The IRS is seeking feedback on the form and instructions until June 30, 2025, to ensure that the instructions for tax year 2025 (processing year 2026) are clear and up to date.
The revised Form 6765 includes a new Section E that collects other business information, a new Section F that summarizes qualified research expenses (QREs), and a new Section G for reporting details about business components.
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