KANSAS AVAILABLE INCENTIVES

State Credit Name: Kansas Research and Development Credit

Expiration Date: Indefinite

Who Can Apply? C-Corporations only

Credit Carry Forward: Unused credit may be carried forward in 25% increments until the total amount of credit is used.

About the Credit:
The credit is 6.5% of the  of the difference between the QRE’s for the year and the average of the actual expenditures made during the year and the two tax years prior. The Kansas R&D credit uses the same definition of QRE’s as the federal R&D credit.

Notes: The credit used in any one year is limited to 25% of the credit plus any carry forward. To claim the Kansas R&D credit, a Schedule K-53 must be completed and submitted with the income tax return.

Click here to find out if you qualify for the federal research credit.

 

 

 

 

 

 

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Contact Us


Contact your local Swanson Reed office to speak with a representative in your area today. 

12641 Antioch Road
Suite #1017
Overland Park KS 66213

 

T: (913) 232-2276

F: (512) 256-8157