Idaho
State Credit Name: Credit for Idaho Research Activities
Expiration Date: Indefinite
Who Can Apply? Corporations and flow-through entities
Credit Carry Forward: Credit can be carried forward for 14 years, but no carry back available.
About the Credit: Credit of 5% of excess QRE’s using Idaho QRE’s and receipts. The Idaho state research credit adopts the federal calculation methods.
Notes: The Idaho state research credit does not follow the federal disbursement rules. Certain groups can use the credit to reduce their tax liability in any entity.
Click here to find out if you qualify for the federal research credit.
R&D Tax Credit Training for ID CPAs
R&D Tax Credit Training for ID CFPs
R&D Tax Credit Training for ID SMBs
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