Georgia Research Tax Credit

Georgia's Research Tax Credit is administered by the Department of Revenue under O.C.G.A. § 48-7-40.12. It is a statutory credit claimed on Form IT-RD, not a competitive program, and it can also offset withholding tax when the income tax liability is not enough to use it. The credit equals 10% of qualified research expense above a base amount tied to Georgia gross receipts. Eligible industries in the source include manufacturing, warehousing, distribution, processing, telecommunications, tourism, broadcasting, and research. Claims are capped at 50% of Georgia net income tax liability after other credits, with a five-year carryforward for claims made after January 1, 2025. That structure rewards companies with well-documented QREs and a stable Georgia tax footprint more than teams looking for new capital. Because there is no application cycle, the main job is to maintain the federal-style research file, preserve the gross receipts math, and make sure the credit is used before carryforward limits run out.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.