Wisconsin 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 Wisconsin Tax Return

Data Required to Compute Credit:

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

Credit Carryforward:

15 Years

R&D Credit Summary:

The R&D tax credit equals:

• 5.75% of the taxpayer's Wisconsin Qualified Research Expenses (QREs) for the taxable year exceed 50% of the average Wisconsin QREs for the 3 preceding taxable year.
• If the taxpayer had no Wisconsin Qualified Research Expenses (QREs) in any of the 3 preceding tax years, the credit amount is 2.875% of the taxable years' Wisconsin QREs.