Hi Tax Pros, I hope you are well. I wanted to ask your feedback on this article written from the journal of accountancy:
https://www.journalofaccountancy.com/.. ... esearch.... We are about to amend a 2020 S corp return and the original return did not include the R&D credit. It seems we have provide some information to validate the R&D credit. Such as business component, individuals performing the R&D work and provide expense totals of the different types of expenses for R&D. These are things we would normally though. We usually dont submit the first couple of items though. Are we supposed to include this info with the amended return now? Any suggestions or insight would be great. Thank you.