Section 7-9H-4 - Claiming the credit; credit claim forms. - New Mexico Statutes

7-9H-4. Claiming the credit; credit claim forms.

The taxpayer shall claim the research and development small business tax credit within one year after the end of the reporting period to which the credit is applicable.  The department shall provide credit claim forms for the research and development small business tax credit.  A credit claim form shall accompany any return in which the taxpayer claims the credit, and the claim shall specify the amount of credit intended to apply to each return.