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From the IRS:
"The costs of research and experimentation are generally capital expenses. However, you can elect to deduct these costs as a current business expense. Your election to deduct these costs is binding for the year it is made and for all later years unless you get IRS approval to make a change."
So the default position is to capitalize the research cost unless you make an election to expense the costs. If you don't make an election to expense the costs in the current year you don't bind yourself to anything in any future year as you will continue to capitalize and amortize the costs until you elect to expense them, which then would be binding going forward unless you obtain permission to revert to capitalizing them.
Pursuant to IRC(###) ###-####2 allows an automatic extension of 6 months only.
Depending upon what it is you want to do & why you were unable or simply didn't do it, within the proscribed time for doing so, there are other possible options depending upon what election you are referring to. However, these aren't automatic & you need to have a good reason or plausible explanation, not simply that you didn't know you needed to deal with whatever it is you didn't do.
You may find the material at the following link informative:
Here's a link to a short IRS explanation of the basic R & D Options & deals with "incurred". There isn't really a "placed in service" requirement for R & D as by definition these costs may never turn into anything that can be placed in service. It also confirms my comment about the 6 month automatic extension.
Well, I don't know what the facts of your situation are, but that seems correct, if I understand what you have done. Are you saying that the R & D costs were capitalized and no tax deductions were taken?
What type of entity are we talking about here? A Sub-S or "C" Corporation, and LLC filing as ?, a Partnership or a Sole Proprietorship?