Rhode Island R&D Tax Credit Summary
RI R&D Tax Credit Available

Yes


Eligible Entities

C-Corporations only


Deadline for Tax Filing

Due with Rhode Island Tax Return


Data Required to Compute Credit
  • Claim Period Federal Qualified R&D Expenses (QREs)
  • Claim Period RI QREs

Credit Carryforward

7 Years


RI R&D Credit Summary

The R&D tax credit equals the excess of the qualifying research expenses in the taxable year over the base period expenses:

  • 22.5% for expenditures up to $111,111; and
  • 16.9% for the remaining expenditures over the $111,111

RI Research Tax Credit

Important Links and Forms:

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