Report expenditures with form T661 - Scientific Research and Experimental Development (SR&ED) tax incentives
Disclaimer
We do not guarantee the accuracy of this copy of the CRA website.
Scraped Page Content
Scientific Research and Experimental Development (SR&ED) tax incentives
- What are SR&ED tax incentives
- What work is eligible
- How to prepare your claim
- Submit your claim
- After you claim
- Contact us
Report expenditures with form T661
Get the T661 expenditures claim form
To report your expenditures, you must first calculate how much you spent on an SR&ED project during the tax year.
Use the Form T661, SR&ED - Expenditures Claim to:
- Calculate your allowable expenditures
- Calculate your pool of deductible expenditures
- Calculate your qualified SR&ED expenditures
Requirements for partners in a partnership
When SR&ED work is carried out by a partnership, some special requirements apply:
- The entire amount in the partnership's pool of deductible SR&ED expenditures must be deducted in calculating the net income of the partnership in the year the expenditures are incurred
- A partnership will not have a pool of SR&ED expenditures to carry forward to future tax years
- Partners in a partnership cannot include the partnership’s SR&ED expenditures in their own pool of deductible SR&ED expenditures
Since SR&ED expenditures are deducted at the partnership level, the partnership should submit a Form T661.
A partner in the partnership may do this on the partnership’s behalf. However, the total SR&ED expenditures they report must be those of the partnership, and not just a particular partner’s share of those expenditures.
If a partner in a partnership conducted SR&ED work independent of the partnership, they must submit their own Form T661, and they must not include any of the partnership’s SR&ED expenditures.
To learn more about how partnerships must fill out Form T661, review Partnerships, T4088 guide to SR&ED Expenditures Claim.
Get support with your expenditures form
Review the guide to the SR&ED expenditures claim
Get step-by-step guidance filling out Form T661 SR&ED Expenditures claim.
T4088, SR&ED Expenditures Claim - Guide to T661
Request a Pre-claim consultation
Request a Pre-claim consultation to help you identify if there is SR&ED work in your project before you submit a claim.
Contact us
Call us if you have any questions about the SR&ED program or reporting your expenditures.
Page details
- Date modified:
- 2023-12-01