3.0 – R&D Credit Statutes
Final regs are ‘codified’ in the Internal Revenue Code (IRC), which spells out all the rules that we as taxpayers are bound to. Here are the IRC sections that define the R&D Tax Credit:
IRC Section 41: Here you’ll find the backbone of the R&D Tax Credit rules and requirements.
IRC Section 174: One of the 4-Part Tests that are defined in section 41 is called the “Technical Uncertainty Test”. This test references IRC Section 174, and is often called the “174 Test”.




