Arizona R&D Tax Credit Summary

R&D Tax Credit Available:

Yes


Eligible Entities:

C-Corporation, S-Corporations, LLCs, Partnerships


Deadline for Tax Filing:

Due with Arizona Tax Return


Data Required to Compute Credit:

  • Claim period Qualified R&D Expenses (QREs)
  • Gross Receipts for Prior 4 Years

Credit Carryforward:

15 Years


R&D Credit Summary:

The R&D tax credit equals:

  • 24% of the first $2.5 million in QREs, plus
  • 15% of the QREs in excess of $2.5 million

Special Notes:

  • Arizona offers a refundable and non-refundable research tax credit.
  • To qualify to receive refundable portion of excess credit: Company must have less than 150 full-time employees and must apply to the ACA and receive a Certificate of Qualification
Research Tax Credit
Important Links and Forms

AZ R&D Info
AZ Form 308
Form 308 Instructions

Contact Us for a No-Cost Assessment of your Federal and State Research Credit Estimate

Learn More About R&D Tax Credits