Delaware research and development credit
Tax credit
Agency: Delaware Division of Revenue. Agency source
This directory is not tax advice. Confirm eligibility, tax-year rules, deadlines and filing requirements with a tax professional.
Check program requirements [Delaware Code research credit][Delaware BUS-RDC instructions]
- Who qualifies
- Taxpayers with qualifying Delaware research; the small-business calculation uses a statutory $20 million average annual receipts threshold, subject to annual adjustment. [Delaware Code research credit]
- What it’s worth
- Small businesses: 20% of expenses above the Delaware base or 100% of the apportioned federal alternative simplified credit. Other taxpayers: 10% or 50%, respectively. Unused approved credit is refundable. [Delaware Code research credit]
- How to claim
- Obtain Division approval on BUS-RDC, transfer the credit to BUS-CRS and attach both to the annual income tax return. [Delaware BUS-RDC instructions]
- Deadlines and application windows
- Annual election; the opened statute and form instructions do not publish an application closing date. Confirm timing with the Division. [Delaware Code research credit][Delaware BUS-RDC instructions]
Amounts are subject to the conditions in each listing. A source review does not mean applications are open or that a business qualifies.
Official sources
Listing reviewed