Research & Development Credits

Qualified Expense & Credit Amounts

Qualified Expenses

  • Expenses paid or incurred to energy consortia
  • Basic research to qualified organizations
  • Wages for qualified services including direct, support, and supervisory level employees
  • Supply expenses consumed in the research activities
  • Rental or lease costs of computers
  • Contracted or outside expenses utilized in the research

Credit Amount

  • Regular credit:  20% of the Qualified Expenses above a sales oriented “base period


  • Simplified credit:  14% of Qualified Expenses above an expense oriented “base amount”