R&D Tax Credit Calculator

These are categorized under Qualified Research Expenditures (QRE) and can be discovered more in detail here.

This helps us give a closer estimate of the tax credit you can claim. Different states offer different benefits when it comes to R&D tax credit, apart from the uniform Federal R&D Tax Credit.

Each industry experiences varying levels of research, development, and innovation. Software R&D tax credits can generate QRE’s up to X% of their annual expenses, whereas agriculture R&D tax credits may generate QRE’s equating to X% in R&D tax credit centric activities.