State R&D Tax Credits

State R&D Tax Credits


Credit Name: Wisconsin Credit for Increasing Research Expenses

Expiration Date: Unknown

Does it apply to C corps and pass-through entities?: Yes for regular credit, only C-Corps for Super Research Credit

Credit Carry forward: Regular research tax credit may be carried forward 15 years, “Super research tax credit” amounts may be carried forward 5 years.

Description: A 5% credit for expenditures beyond the statutory “base amount”. A “super research tax credit” is available for tax years beginning after January 1, 2011 equal to the expenses in a given year year that exceeds 1.25 the average research expenses from the previous 3 years. An additional 10% credit is available for expenses incurred during the development of certain internal combustion engines, lighting and control systems, and automotive batteries.

Other Notes: “Qualified research expenses” are defined under Internal Revenue Code Sec. 41, occurring in Wisconsin.  Up to 10% of the credit claimed can be refunded, effective for tax years beginning after December 31, 2017.

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