Idaho R&D Tax Credit Summary
ID R&D Tax Credit Available

Yes


Eligible Entities

C-Corporation, S-Corporations, LLCs, Partnerships


Deadline for Tax Filing

Due with Idaho Tax Return


Data Required to Compute Credit
  • Claim Period Idaho Qualified R&D Expenses (QREs)
  • Gross Receipts for Prior 4 Years

Credit Carryforward

14 Years


ID R&D Credit Summary

The R&D tax credit equals:

  • 5% of the amount that the taxpayer's current year QREs exceed a base amount

Special Notes
  • The ID credit does not include the calculation of the alternative simplified credit (ASC method)
  • A corporation who is a member of a unitary group must claim the Idaho research credit to the extent allowable against its state income tax before it can share the credit with other members.
  • Idaho Fixed Base Percent (FBP) for start-up companies includes only qualified research expenses conducted in the state and aggregate gross receipts will include only Idaho gross receipts

ID Research Tax Credit

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