# Enrolled Agent Exam [Part 2] 68, Research and Development Credit (§41)

Page: https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-68-research-and-development-credit-41
Text version: https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-68-research-and-development-credit-41.md
Podcast: [Finance Exam Prep](https://stenobird.com/podcast/finance-exam-prep-7658413)
Published: 2026-07-04T22:41:20+00:00
Episode link: https://open-exam-prep.com/
Audio file: https://episodes.captivate.fm/episode/644ed9e7-f9dc-4371-872e-a05c11da8590.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/finance-exam-prep-7658413/episodes/enrolled-agent-exam-part-2-68-research-and-development-credit-41
Duration seconds: 202

## Resource

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Post-2021, §174 R&D costs must be capitalized and amortized over 5 years for domestic research or 15 years for foreign research. - The §41 credit is calculated on Qualified Research Expenses (QREs), such as wages and supplies, but excludes costs like research after commercial production begins. - Claiming the R&D credit requires you to reduce your otherwise allowable deduction for those same research expenses by the amount of the credit. - A Qualified Small Business may elect to use the R&D credit to offset payroll taxes. - To be a Qualified Small Business for the payroll tax offset, the business must have less than $5 million in gross receipts and be in its first five years of having gross receipts. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/finance-exam-prep-7658413/episodes/enrolled-agent-exam-part-2-68-research-and-development-credit-41/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-68-research-and-development-credit-41.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.