Florida research and development credit
Tax credit
Agency: Florida Department of Revenue and FloridaCommerce. Agency source
This directory is not tax advice. Confirm eligibility, tax-year rules, deadlines and filing requirements with a tax professional.
Next published opening: March 20, 2027 [Florida research-credit application instructions][Florida Revenue corporate tax incentives]
- Who qualifies
- Corporations in specified target industries with qualifying Florida research, an allowed federal research credit and a valid FloridaCommerce industry-certification letter. [Florida research-credit application instructions][Florida Revenue corporate tax incentives]
- What it’s worth
- Allocation is subject to program limits; credit used cannot exceed 50% of remaining Florida corporate income tax liability. The overview does not state the calculation rate. [Florida Revenue corporate tax incentives]
- How to claim
- Apply online for an allocation with the industry-certification letter; Revenue issues written approval. The application instructions do not identify the return schedule. [Florida research-credit application instructions][Florida Revenue corporate tax incentives]
- Deadlines and application windows
- The 2026 allocation for 2025 expenses has closed. Applications for 2026 expenses are scheduled to open March 20, 2027. [Florida research-credit application instructions][Florida Revenue corporate tax incentives]
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