Texas R&D Tax Credit Summary
TX R&D Tax Credit Available


Eligible Entities

C-Corporation, S-Corporations, LLCs, Partnerships

Deadline for Tax Filing

Due with Texas Tax Return

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

Credit Carryforward

20 Years

TX R&D Credit Summary

The R&D tax credit equals:

  • 5% of the excess amount of Texas Qualified Research Expenses (QREs) in the current period over the base amount (50% of the average of the three preceding taxable years)
  • If there are no qualified research expenses in one or more of the three preceding tax years, the credit equals 3.125% of all qualified research expenses incurred during that period.

TX Research Tax Credit

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