North Carolina R&D Tax Credit Summary

R&D Tax Credit Available:

No - Expired on 12/31/2015


Eligible Entities:

C-Corporations, S-Corporations, LLCs, Partnerships


Deadline for Tax Filing:

Due with North Carolina Tax Return


Data Required to Compute Credit:

Claim Period NC Qualified R&D Expenses (QREs)


Credit Carryforward:

15 Years


R&D Credit Summary:

NC R&D credit is equal to a percentage of the R&D expenses as follows:

  • Small businesses: 3.25%
  • Research performed in a development Tier 1 area: 3.25%
  • North Carolina research university expenses: 20%
  • Eco-industrial park: 35%
Research Tax Credit
Important Links and Forms

Form NC 478I
478I Instructions
NC Article 3F

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