R&D: Claiming Past Trials

Can experiments you already ran still pay?
Course #: FN-045
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Field Note Description

Ran a real trial on your farm a few years back — a new seed on test acres, a different irrigation schedule, a feed experiment — but never thought about a tax credit? You might not have missed the boat. This Field Note explains how a recent court decision lets farmers claim the research credit for trials they already did, what you have to be able to prove, which costs actually count, and exactly what to ask your preparer before you look back.