Idaho R&D Tax Credit Summary
R&D Tax Credit Available
Credit for Idaho Research Activities
DOES IT APPLY TO C-CORPS & PASS THROUGHS?
C Corps, S Corps, partnerships, trusts, and estates
Nonrefundable credit with similar definition to federal for Qualified Research Expenses and Qualified Research Activities, except only include Idaho-based expenses.
5% on incremental expenses over base amount similar to regular federal credit method.