$500K
per applicant
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Non-refundable business tax credit equal to 10% of qualifying R&D expenditures conducted in West Virginia, with an additional 5% credit for collaboration with WV universities. Supports diversifying WV's economy through innovation and technology development.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.R&D must be conducted within West Virginia
2.Qualifying expenses mirror federal IRC Section 41 QRE definition
3.Base credit: 10% of qualifying R&D expenditures
4.Additional 5% credit for R&D performed with WV colleges or universities
5.Nonrefundable; 10-year carryforward period allowed
NDED · Nebraska
Refundable income tax credits and sales tax exemptions for Nebraska businesses making significant capital investments and creating quality jobs, with tiered benefits based on investment and job levels.
KCED · Kentucky
Provides tax incentives to new and expanding Kentucky businesses creating jobs and investing capital, including wage assessments, income tax credits, and sales tax savings on construction materials.
ACCD · Vermont
Cash incentive payments for Vermont businesses creating new qualifying jobs, calculated as a share of new payroll and capital investment over a 5-year period.