C-Corporations & S-Corporations
Due with Massachusetts Tax Return
- Claim Period Qualified Research Expenses (QREs)
- QREs for Prior 4 Tax Years
- Gross Receipts for Prior 4 Tax Years
The Massachusetts research credit equals:
- 10% of the excess of the qualified research expenses for the tax period over the base amount.
For taxable years beginning on or after January 1, 2015, taxpayers now have 2 options to calculate the MA R&D tax credit: Regular Method & Alternative Simplified Method.
MA Research Tax Credit
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