Another Reason to Elect a Reduced R&D Tax Credit
If you are bumping up against the FSA $900,000 AGI, elect the reduced credit
We had a reader reach out to us asking how the R&D credit can affect farm program payments.
Remember that there is a $900,000 AGI limit for individuals and entities. If you are bumping up against that limit and get an R&D study done which creates a larger R&D tax credit, this could put you over the AGI limit. Here is an example:
