Treasury is reviewing the recently enacted tax law changes, including the new Marijuana Wholesale Tax. Developing clear and accurate information for tax stakeholders is our top priority. This guidance will be posted to our website in the coming weeks.
Calculate Credit
Determine Calculation
Unadjusted Credit
To claim the Research and Development (R&D) Tax Credit, eligible businesses must first calculate the unadjusted credit when submitting an R&D Credit Application.
Adjusted Credit
If the annual Proration Notice includes a proration percentage, eligible businesses will use this percentage to adjust the R&D Tax Credit amount they can claim.