Page 51 - Large Business IRS Training Guides

BEMTA – Credits

The following credits do not reduce the regular tax

amount in the BEMTA calculation –

sections 33 and 37, and
• Credits allowed under

before December 31,
• For taxable years beginning on or
2025 –

• Credit
allowed under section 38 for the taxable year that is
allocable to the research credit
under section 41(a), and

the applicable section 38 credits
• the portion of
on the following page) not in excess of
(discussed further
80%
of the lesser of the amount of those credits or the
BEMTA
(determined without regard to this rule)

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