Get At1 Schedule 9 - Alberta Treasury Board And Finance - Finance Alberta

Filling out the AT1 Schedule 9 can seem daunting, but with the right guidance, you can complete this form efficiently. This guide provides clear, step-by-step instructions to help you navigate the components of the form and ensure that you correctly report your eligible expenditures for the Alberta Scientific Research & Experimental Development tax credit.

Follow the steps to successfully complete the AT1 Schedule 9 online.

1. Use the ‘Get Form’ button to access the form and open it in the designated editor.
2. Enter your corporation's name and the taxation year ending in the designated fields. Ensure the date format is YYYY-MM-DD.
3. Report all monetary values in dollars and avoid using cents. Start by inputting the federal total qualified SR&ED expenditures from line 559 of federal T661 in the appropriate section.
4. Next, indicate the portion of the federal amount that was conducted in Alberta. This will reflect the eligible expenditures for Alberta purposes.
5. If applicable, input the federal prescribed proxy amount that is included in your Alberta portion. Follow this by entering the Alberta proxy amount derived from your Listing of SR&ED Projects Claimed in Alberta.
6. Add the Alberta SR&ED tax credit that impacted the federal expenses, captured from line 110 on page 2, along with any repayment assistance related to the expenditures.
7. Select the primary field of science or technology that applies to your corporation's activities by choosing the appropriate number from the provided options.
8. Determine whether your corporation is associated with others for SR&ED purposes. If 'Yes', complete the additional pages as required. If 'No', calculate the maximum expenditure limit by following the given formula.
9. Calculate the Alberta SR&ED tax credit by taking the lesser of the values submitted and applying the 10% calculation.
10. Complete any additional required sections, including recapture amounts if applicable, and ensure that you fill in any amounts necessary from supplementary schedules.
11. After filling in all relevant sections, save your changes. You can also choose to download, print, or share the completed form as needed.

Begin completing the AT1 Schedule 9 form online to ensure timely submission and take advantage of your eligible tax credits.