PRINT IN BLACK INK                                                                            1
Ovals must be filled in completely. Example:

Schedule RC                                 Research Credit                                                                                                       2009
CORPORATION NAME                                                                                FEDERAL IDENTIFICATION NUMBER

Controlled groups and entities under common control are required to compute the credit on an aggregate basis. Refer to Regulation 830 CMR 63.38M.1(7).
Enclose Schedule RC to the return of each member of the group claiming Massachusetts basic research payments, qualified research expenses, research
credit carryfoward or research credit against the excise. Enter group totals in lines 2 through 4 and 11 through 15. Corporations that are not members of
a controlled group must enter their individual amounts in these lines.
  Fill in all applicable oval(s):
  3Massachusetts gross receipts are being used to compute the fixed base and average annual receipts.
  3Federal gross receipts are being used to compute the fixed base and average annual receipts.
  3Corporation is electing to calculate the credit separately for qualified defense-related activities. If making this election, file two schedule RCs
   and fill in one of the following ovals:  Defense-related activites Other qualified activities

  Part 1. Massachusetts Research Credit Generated
1 Basic research payments made by this corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

2 Total group basic research payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

3 Group base period amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

4 Group incremental research payments. Subtract line 3 from line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

5 Total group credit for basic research payments. Multiply line 4 by .15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

6 Qualified wage expenses for this corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

7 Qualified supply expenses for this corporation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37

8 Qualified computer rental time expenses for this corporation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3         8

9 65% of qualified contract expenses for this corporation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3      9

10Total qualified research expenses for this corporation. Add lines 6 through 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

11Total group qualified research expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

12Group fixed base percentage. Not more than 16%. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

13Group average annual receipts. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3   13

14Group base amount. Not less than 50% of line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3      14

15Group incremental research expenses. Subtract line 14 from line 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

16Total group credit for qualified expenses. Multiply line 15 by .10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

17Total basic research payments and qualified expenses for this corporation. Add lines 1 and 10 . . . . . . . . . . . . . 17

18Total basic research payments and qualified expenses for the group. Add lines 2 and 11 . . . . . . . . . . . . . . . . . . 18

19Allocation percentage for this corporation. Divide line 17 by line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

20Total group research credit generated. Add lines 5 and 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

21Total credit generated by this corporation in current year. Multiply line 19 by line 20. See instructions . . . . . 3                              21

                                                                                                                                                                 2
                                            2009 SCHEDULE RC, PAGE 2

  Part 2. Massachusetts Research Credit Used
  The amount of the credit that may be used to reduce the excise is limited to 100% of the corporation’s first $25,000 of corporate excise liability
  plus 75% of the corporation’s excise liability over $25,000. A single $25,000 amount applies to all members of an aggregate group, even if not
  filing as Massachusetts combined group. Corporations that are not members of an aggregate group should enter the amount in line 1 in line 2
  and 100% in line 3.
1 Total excise before credits for this corporation (from form 355, line 5, Form 355S, line 8 or Form 355U, line 23) 1

2 Total group excise before credit. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

3 Allocation percentage for the $25,000 excise bracket. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

4 Corporation’s share of excise not subject to the 75% limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

5 Corporation’s excise subject to the 75% limitation. Subtract line 4 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

6 75% of excise subject to limitation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

7 Corporation’s subtotal of excise within the limitation. Add lines 4 and 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

8 Total of other credits applied against this corporation’s excise this year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

9 Maximum allowable research credit if available. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

10Corporation’s own 15-year carryover credit from prior years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

11Corporation’s own unlimited credit from prior years. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

12Corporation’s own credit generated in current year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

13Corporation’s own total research credit available for 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 313

14Amount of corporation’s credit used against its own excise. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

15Amount of corporation’s credit used by affiliates. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

16Total of corporation’s credit used this year. Add lines 14 and 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

17Time-limited credit converted to unlimited carryover status. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18Total of 15-year carryover credit which expired. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

19Total of corporation’s credit available for carryover to 2010. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

20Unlimited status credit available for carryforward to 2010. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

2115-year status credit available for carryforward to 2010. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

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                                                                            2009 SCHEDULE RC, PAGE 3
CORPORATION NAME                                                                                               FEDERAL IDENTIFICATION NUMBER

  Part 3. Reconciliation of Research Credit Carryover
                                                                            a. Available creditsb. Credits usedc. Credits converted                  d. Available credits
                                                                            at start of year    in current yearto unlimited status                   at end of year

1 Credit generated in 1994 . . . . . . . . . . . . . . . . . . . . . . . . 1

2 Credit generated in 1995 . . . . . . . . . . . . . . . . . . . . . . . . 2

3 Credit generated in 1996 . . . . . . . . . . . . . . . . . . . . . . . . 3

4 Credit generated in 1997 . . . . . . . . . . . . . . . . . . . . . . . . 4

5 Credit generated in 1998 . . . . . . . . . . . . . . . . . . . . . . . . 5

6 Credit generated in 1999 . . . . . . . . . . . . . . . . . . . . . . . . 6

7 Credit generated in 2000 . . . . . . . . . . . . . . . . . . . . . . . . 7

8 Credit generated in 2001 . . . . . . . . . . . . . . . . . . . . . . . . 8

9 Credit generated in 2002 . . . . . . . . . . . . . . . . . . . . . . . . 9

10Credit generated in 2003 . . . . . . . . . . . . . . . . . . . . . . . 10

11Credit generated in 2004 . . . . . . . . . . . . . . . . . . . . . . . 11

12Credit generated in 2005 . . . . . . . . . . . . . . . . . . . . . . . 12

13Credit generated in 2006 . . . . . . . . . . . . . . . . . . . . . . . 13

14Credit generated in 2007 . . . . . . . . . . . . . . . . . . . . . . . 14

15Credit generated in 2008 . . . . . . . . . . . . . . . . . . . . . . . 15

16Credits generated this year. . . . . . . . . . . . . . . . . . . . . . 16

17Credits available for unlimited carryforward. . . . . . . . . 17

18Corporation’s own 15-year carryforward from prior years. Add lines 1 through 15, col. a. . . . . . . . . . . . . . . . . . 18

19Total of corporation’s credits used. Add lines 1 through 17, col. b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

20Total credits converted to unlimited status. Add lines 1 through 16, col. c. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

21Unlimited life credits available for carryforward to 2010. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

22Credits available for carryforward to 2010 subject to 15-year limitation. Add lines 2 through 16, col. d. . . . . . . 22