Ohio R&D Tax Credit Summary

R&D Tax Credit Available:

Yes


Eligible Entities:

C-Corporations, S-Corporations, LLCs, Partnerships


Deadline for Tax Filing:

Due with Ohio Tax Return


Data Required to Compute Credit:

  • Claim Period Qualified R&D Expenses (QREs)
  • QREs for Prior 3 Years

Credit Carryforward:

7 years


R&D Credit Summary:

The Ohio R&D tax credit equals 7% of Ohio qualified R&D expenses over the average of qualified expenses for the three prior taxable years.


Special Notes:

There is no special application or approval process for this tax credit. The credit may be claimed on a tax return.

Research Tax Credit
Important Links and Forms

Additional information for OH Credit

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

Learn More About R&D Tax Credits