Big Changes to IRS R&D Tax Credit: What the New Form 6765 Means for 2024-25

Tue, 26 Aug 2025 04:36:06 +0000

The IRS rolled out the new Form 6765 and instructions for the 2024-25 tax year on February 10, 2025, presenting major structural changes that taxpayers claiming the Section 41 Research & Development (R&D) Tax Credit should understand and plan for. These modifications impose major extra reporting requirements even though they seek to improve openness and standardization in the reporting of Qualified Research Expenses (QREs) and Business Components. https://www.thinkastute.com/blog/big-changes-to-irs-rd-tax-credit-what-the-new-form-6765-means-for-2024-25/