Nebraska Research and Development Act Credit

Program Overview

Nebraska provides a research credit based on a percentage of the federal research credit attributable to qualifying research activities conducted in Nebraska. A higher rate applies to qualifying research conducted on the campus of a Nebraska college or university or in a facility owned by one. The credit may be refundable and may be used against applicable Nebraska sales and use tax or income tax liabilities, subject to program requirements. Claims are filed annually with the Nebraska Department of Revenue.

Eligibility

• Business firms with qualified research and experimental expenditures for research conducted in Nebraska may qualify.
• The business must claim a federal research credit for the qualifying research expenditures.
• Additional requirements may apply to research conducted on a Nebraska college or university campus or in a qualifying university-owned facility.

Benefits

• Refundable research credit, subject to applicable requirements and limitations.
• The credit may be claimed as a refund of eligible Nebraska sales and use tax.
• The credit may be applied against applicable Nebraska income tax liability.
• A higher credit rate may apply to qualifying research conducted at eligible Nebraska college or university facilities.