Montana R&D Tax Credit Summary

R&D Tax Credit Available

No – Expired on 12/31/2010

R&D Credit Summary

A current year credit cannot be claimed for periods beginning after December 31, 2010. Any unused credit from prior periods can be carried forward for up to 15 tax years. If you are claiming unused credit carryforward on your Montana return, include a detailed schedule of the credit carryover.

For C corporations, please note that the credits must be tracked and applied on a separate entity basis.