Vermont R&D Tax Credit Summary
VT R&D Tax Credit Available


Eligible Entities

C-Corporation, S-Corporations, LLCs, Partnerships

Deadline for Tax Filing

Due with Vermont Tax Return

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

Credit Carryforward

10 Years

VT R&D Credit Summary

The Vermont credit equals:

  • 27% of the federal credit for Qualified R&D expenses in Vermont
  • VT credit applies to personal income tax or business or corporate income tax

Special Notes

Company must be eligible for and receive the federal tax credit to claim the Vermont tax credit.

VT Research Tax Credit

Important Links and Forms:

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Assessment of your Federal
and VT Research Credit

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