Delaware

State Credit Name: Credit for Research and Development Expenses

Expiration Date: Made permanent on July 1, 2013

Who Can Apply? Corporations and flow-through entities

Credit Carry Forward: Unused R&D credits can be carried forward for 15 years. No carry back.

About the Credit: The taxpayer may calculate the credit in one of two ways:

  • 10% of the excess of the taxpayer’s total Delaware QRE’s for the taxable year over the taxpayer’s Delaware base amount; or
  • 50% of Delaware’s appointed share of the taxpayer’s federal R&D tax credit, calculated using the alternative simplified credit method.

Small businesses and start-ups with revenue less than $20 million are eligible for a credit equal to:

  • 20% of the excess of the taxpayer’s total Delaware QRE’s for the taxable year over the taxpayer’s Delaware base amount; or
  • 100% of Delaware’s apportioned share of the taxpayer’s federal R&D tax credit, calculated using the alternative simplified credit method.

Notes: The total R&D credit is subject to a statewide $5 million per year cap. The total credit may not exceed 50% of the taxpayer’s tax due in any one taxable year.

Click here to find out if you qualify for the federal research tax credit.

Contact Us


Contact your local Swanson Reed office to speak with a representative in your area today. 

Swanson Reed

700 Lavaca Street
Suite 1400
Austin, TX 78701

T: 512-333-2076
F: 512-256-8157

View Map Information

Swanson Reed

700 Lavaca Street Suite 1400Austin, Texas78701

(512) 333-2076

Swanson Reed

3839 McKinney Avenue
Suite 155-2013
Dallas, TX 75204

T: 469-522-3369
F: 512-256-8157

View Map Information

Swanson Reed

5161 San Felipe Street
Suite 320-1005
Houston, TX 77056

T: 281-899-0056
F: 512-256-8157

View Map Information

Swanson Reed

5161 San Felipe Street Suite 320-1005Houston, TX77056

(281) 899-0056

Why Swanson Reed

We provide full, hands-on support from start to finish.

Are You Eligible?

Take our eligibility wizard to find out if you qualify for a tax credit.

Calculate Your Benefit

Use our quick calculator to determine your R&D tax credit benefit.

Know Your Deadline

Never miss a deadline again with our R&D Tax Credit filing deadline calculator.

For Accountants

Take advantage of our extensive database of videos, case law and recent news.

Industry Case Studies

Find out the qualifying R&D activities specific to your industry.
1 2
page 1 of 2
Recent Posts