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Tax CreditMontanaActiveVerified

Montana Research and Development Tax Credit

Montana Department of Revenue (MT DOR)MT-RD
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Montana

About This Program

Offers a 5% tax credit on qualified research expenditures conducted in Montana, with an additional 7.5% credit for qualifying research university partnerships. Encourages businesses to conduct R&D within the state.

Key Requirements & Eligibility

  • 1Qualified R&D expenses must be incurred in Montana
  • 2Credit is 5% of QREs; 7.5% if research is conducted with a MT university
  • 3Follows federal IRC Section 41 definitions for qualified research
  • 4Credit can offset corporate income or net income tax
  • 5Unused credits can be carried forward up to 7 years

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

Research & DevelopmentTechnologyManufacturingClean Technology
Official Source