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IA

Iowa Research Activities Tax Credit

State tax credit for qualifying research and development expenses in Iowa.

About this program

The Iowa Research Activities Tax Credit supports businesses with qualified research expenditures in Iowa. Des Moines companies conducting eligible research and development may claim credits tied to qualifying wages, supplies, and contract research expenses.

Eligibility

Businesses conducting qualifying research activities in Iowa and meeting state tax rules.

Requirements

  • Document qualified research expenses
  • File required Iowa tax forms and supporting schedules
  • Retain records supporting eligibility and calculations