How to complete Form 8974 with ExpressEfile?
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Last modified 10/14/2020 8:44:58 AM EST
Applicable To
Form 941
Form 1099 / W-2
Form 2290
Form 8974, Qualified Small Business Payroll Tax Credit for Increasing Research Activities, is used by qualified small businesses to determine the qualified payroll credit amount, i.e., the employer portion of social security tax, to increase research activities for the business.
Small businesses can claim the qualified amount while filing Form 941 by entering the amount in line 11a and attaching a copy of Form 8974.
While filing Form 941 with ExpressEfile, if you filled values in Line 11a, then Form 8974 will be enabled for you to complete the required information. You can then download your Form with 8974 or e-file it through ExpressEfile.