Montana 2018-01-29T20:50:38+00:00

State R&D Tax Credits

State R&D Tax Credits


Credit Name: 15-31-150. Credit for research expenses and research payments

Expiration Date: 12/31/2010

Does it apply to C corps and pass-through entities?: Yes

Credit Carry forward: Carry Back 2 years; and Carry Forward 15 years

Description: The credit must be calculated according to Sec. 41, except for:

  • Use MT QREs and GRs
  • The credit rate is 5%
  • AIRC does not apply

Other Notes: The credit allowed may not exceed the tax liability. A credit may not be refunded if a taxpayer has tax liability less than the amount of the credit.

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