R&D Tax Credit Calculator
Estimate your potential research and development tax credits based on qualifying expenditures.
What is the R&D Tax Credit?
The Research and Development (R&D) Tax Credit is a federal tax incentive designed to encourage innovation and technological advancement by U.S. businesses. It provides a tax credit for companies that incur R&D expenses in the United States.
Company Information
Current Year R&D Expenses (2024)
Wages paid to employees for qualified research activities
Materials and supplies used for R&D activities
Payments to U.S. contractors for qualified services (65% qualifies)
Base Period R&D Expenses (Past Years)
Average annual wages for prior years
Average annual supply costs for prior years
Average annual contract research for prior years
Tax Information
Your Estimated R&D Tax Credit
This credit can be applied to reduce your federal tax liability.
Qualified Research Expenses (QREs)
| Current Year Total QREs: | $0 |
| Base Period Average QREs: | $0 |
| Increase in QREs: | $0 |
Credit Calculation
| Total R&D Tax Credit: | $0 |
| Credit as % of Current QREs: | 0% |
Disclaimer: This calculator provides an estimate only and does not constitute tax or legal advice. We recommend consulting with a qualified tax professional before claiming any R&D tax credits.