- K.S.A. 79-32,182b
- Research and Development Credit
- Kansas Department of Revenue (KDOR)
- Expenditures in Research and Development Activities
- Qualified Research Expenses (QREs)
- Research Conducted Within This State (Kansas)
- Internal Revenue Code (IRC) Section 41
- IRC Section 41(c) (Base Amount)
- IRC Section 174 (Allowable Expenses)
- Credit Percentage (10% for Post-2022)
- Prior Credit Percentage (6.5% Pre-2023)
- Base Amount (Three-Year Average)
- Taxable Year
- Tax Imposed by the Kansas Income Tax Act
- Kansas Taxable Income
- Credit Limitation (25% of Total Credit)
- Carry Forward (Unused Credit)
- Carry Forward Increment (25% of Credit)
- C Corporation (Prior Eligibility Limitation)
- Individual (Post-2022 Eligibility)
- Partnership (Post-2022 Eligibility)
- S Corporation (Post-2022 Eligibility)
- Limited Liability Company (LLC) (Post-2022 Eligibility)
- Pass-Through Entities (PTEs)
- House Bill 2239 (Legislation Increasing Credit)
- Nonrefundable Credit
- Transferable Credit (Post-2022)
- Taxpayer Without a Current Tax Liability
- Transferee (Recipient of Credit)
- Transferor (Entity Earning the Credit)
- Full Credit Transfer (Requirement for Transfer)
- One-Time Transfer Limitation
- Schedule K-53 (Credit Computation Form)
- Form K-204 (Research and Development Credit Application)
- Form K-260 (Tax Credit Transfer Notification Form)
- Documentation of Credit Acquired by Transfer
- Itemized Schedule of Expenditures (Required Documentation)
- Qualified Research (Four-Part Test)
- Technological in Nature
- Elimination of Uncertainty
- Process of Experimentation
- Business Component
- Product, Process, Technique, Formula, or Invention
- Wages for Qualified Services
- Supplies for Qualified Research
- Contract Research Expenses
- Government-Funded Research Exclusion
- New or Improved (Business Component)
- Prior Two Income Tax Years (for Base Average)
- Tax Credit Database (Department of Commerce Reporting)