Indiana R&D Tax Credit
Funds Indiana innovation activity through tax credits tied to qualifying innovation and workforce-linked growth.
The Indiana Research Expense Credit (REC) is a nonrefundable state income tax credit administered by the Indiana Department of Revenue (DOR) under IC 6-3.1-4. The credit is calculated at 15% of qualified research expenses (QREs) above the taxpayer's base-period amount, up to a $1 million ceiling; incremental QREs above that $1 million base-period threshold are credited at 10%. An alternative simplโฆ
Indiana nonrefundable state income tax credit for qualified research expenses conducted in the state, calculated on an incremental basis at 15% and 10% tiers with a 10-year carryforward.
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