# Reduced credit election

> Reduced credit election — An election on the original timely filed return to take the research credit reduced by the 21% corporate rate (79% of it) instead of cutting the §174A research deduction by the full credit; irrevocable for the year.

Source: https://lopifi.com/glossary/reduced-credit-election
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is reduced credit election?** In accounting, reduced credit election means an election on the original timely filed return to take the research credit reduced by the 21% corporate rate (79% of it) instead of cutting the §174A research deduction by the full credit; irrevocable for the year.

## Also known as

- Section 280C election

## Words this system refuses for it

- reduced payroll credit

- **Category:** Research credit
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** research-credit, credit