Schedule RD-SUP: Research and Development Tax Credits Schedule of Supply Expenses (2024)
Virginia · Virginia Tax · Used for tax years 2024
Virginia Schedule RD-SUP lists qualified supply expenses used in qualified research for the Research and Development Expenses Credit or Major Research and Development Expenses Credit. It reports purchase dates, supply types, and qualified research expense amounts, with the total
Who files this form
Complete Schedule RD-SUP if you are claiming either the Research and Development Expenses Credit or the Major Research and Development Expenses Credit based on qualified supply expenses used in qualified research. This schedule is for use with Form RDC or Form MRD.
What you'll need
You will need Form RDC or Form MRD, whichever applies, and the following information to complete Schedule RD-SUP:
- Tax year, name as it appears on Form RDC or MRD, and FEIN or SSN.
- Purchase date for each qualified supply expense.
- Supply category and a description if you select “Other.”
- Total qualified research expense for each entry.
You may submit additional copies of Schedule RD-SUP if you need more space.
How to file
Enclose Schedule RD-SUP with Form RDC or Form MRD, whichever applies.
Enter the total of qualified supplies on this schedule and on Schedule A, Section 1, Line 2, Column A of the applicable Form RDC or MRD. The schedule does not provide a mailing address or e-file instructions.
Common mistakes
- Do not include expenses related to research conducted in Virginia on human cells or tissue derived from induced abortions or stem cells obtained from embryos.
- If you choose “Other” in Column B, provide a description of the supply expense.
- Remember to enter the total on both Schedule RD-SUP and Schedule A, Section 1, Line 2, Column A of Form RDC or MRD.
- Remember to enclose this schedule with the applicable Form RDC or MRD.
Questions people ask
Which supply categories can I use?
Column B lists Operating Supplies/Materials, Lab Supplies, Testing Materials and Prototypes, Special Tests and Studies, and Other. If you select Other, describe the expense.
What goes in each column?
Enter the purchase date in Column A, the supply type in Column B, and the total qualified research expense in Column C.
What if I run out of space?
You may submit additional copies of Schedule RD-SUP.
Where do I carry the total?
Enter the total on Schedule RD-SUP and on Schedule A, Section 1, Line 2, Column A of Form MRD or RDC, whichever applies.