R&D Tax Credit Available:
Deadline for Tax Filing:
Due with Kansas Tax Return
Data Required to Compute Credit:
Claim Period Nebraska Qualified R&D Expenses (QREs)
Indefinite (until credit is used up)
R&D Credit Summary:
The R&D tax credit equals 6.5% of the difference between Kansas QREs in claim period and the average of QREs of claim period and prior two years.
- The Kansas credit is limited to 25% of the credit plus any carryforward.
- Any remaining credit can be carry forwarded in 25% increments until the entire credit is used.