Choose your state
Never miss a deadline again
Stay up to date on IRS processes
Discover R&D in your industry
Wisconsin and the Research and Development (R&D) Tax Credit
State Credit Name: Wisconsin Credit for Increasing Research Expenses
Expiration Date: Indefinite
Who Can Apply? Corporations and flow-through entities
Credit Carry Forward: Unused credits can be carried forward and credited against the Wisconsin income or franchise taxes for 15 years.
About the Credit: The credit for taxable years beginning in 2015 is equal to 5.75 % of the qualified research expenses over the base amount. If the claimant had no qualified research expenses in any of the 3 taxable years immediately preceding the taxable year, the claimant may claim 2.875% of the qualified research expenses.
Wisconsin also offers the following Research Tax Credits:
- Research Credit for Activities Related to Internal Combustion Engines
- Research Credit for Activities Related to Certain Energy Efficient Products Notes: Prior to January 1, 2013, only C-Corporations were eligible for the Wisconsin R&D credit.
Are you eligible?
Why choose us?
Pass an Audit?
Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 333 West Brown Deer Road, Milwaukee, Wisconsin provides R&D tax credit consulting and advisory services to Milwaukee, Madison, Green Bay, Kenosha, Racine, Appleton, Waukesha, Eau Claire, Oshkosh and Janesville.
If you have any questions or need further assistance, please call or email our local Wisconsin Partner on (608) 268-8705.
Feel free to book a quick teleconference with one of our Wisconsin R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.
Contact Us
Wisconsin Office
Swanson Reed | Specialist R&D Tax Advisors
