Ohio
State Credit Name: Ohio R&D Investment Tax Credit
Expiration Date: Permanent
Who Can Apply? Corporations and flow-through entities
Credit Carry Forward: Unused credit can be carried forward 7 years.
About the Credit: The credit rate is 7% of the qualifying expenditures and closely follows the federal research credit. The Ohio credit uses the Alternative Simplified Credit calculation method.
Notes: The credit is nonrefundable against the Commercial Activity Tax.
Click here to find out if you qualify for the federal research credit.
R&D Tax Credit Training for OH CPAs
R&D Tax Credit Training for OH CFPs
R&D Tax Credit Training for OH SMBs
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