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The Alaska Research & Development (R&D) Tax Credit incentivizes innovation by allowing businesses to claim 18% of their apportioned federal R&D credit against Alaska corporate income tax liabilities, as provided under Alaska Statute (AS) 43.20.021 and administered by the Alaska Department of Revenue. This federal-based credit supports qualified research activities across the United States, with apportionment to Alaska using the state's corporate income tax apportionment factor, making it particularly valuable for energy, technology, and manufacturing sectors operating in the state.
Eligibility mirrors federal standards under IRC §41, focusing on businesses with qualified research expenses (QREs) that demonstrate technological uncertainty and innovation. The credit applies to the portion of federal-qualified activities apportioned to Alaska. Businesses must have Alaska corporate income tax liability to claim it, as Alaska imposes no individual income tax.
Alaska's credit is calculated as a fixed percentage of the federal R&D credit apportioned to the state, simplifying the process for multi-state businesses. No separate state base or incremental calculation is required—leverage your federal Form 6765 results.
Alaska's R&D credit emphasizes simplicity through federal alignment, with provisions tailored to support resource-intensive industries like oil and gas exploration.
Real results from an Alaska energy exploration company
The Alaska R&D tax credit is 18% of the federal R&D credit apportioned to Alaska under AS 43.20.021, offsetting corporate income tax for businesses with IRC §41-qualified activities.
Eligible activities include developing or improving products, processes, or software with technological uncertainty, such as energy-efficient drilling tech or software for resource mapping, meeting federal four-part test. Strike Tax identifies qualifying projects.
Savings depend on federal credit size and apportionment; for a $500,000 federal credit with 20% Alaska factor, expect $18,000 in state offsets, plus federal benefits. Use Strike Tax’s R&D Credit Calculator for estimates.
No, credits are nonrefundable but carry forward up to 20 years (1-year carryback). Small businesses can leverage federal payroll tax offsets for added cash flow. Strike Tax maximizes benefits.
File Form 6390 attached to your Alaska corporate income tax return (Form 6000 or Form 6100/6150 for oil and gas filers), including federal Form 6765. Ensure timely filing. Strike Tax simplifies documentation and compliance.
Yes, the state credit stacks on top of the federal credit for the same apportioned QREs, amplifying savings. Strike Tax optimizes claims for both levels.
Energy firms benefit from high QREs in exploration and tech development, with 18% on apportioned credits and 20-year carryforward supporting long-term projects. Strike Tax tailors claims for resource industries.
Maintain federal-compliant records: project descriptions, employee time logs, expense invoices, and uncertainty memos. Retain at least 3 to 6 years consistent with statutes of limitations. Strike Tax ensures IRS-proof substantiation.
Apportionment uses the corporate income tax factor (property, payroll, sales in Alaska vs. everywhere) applied to the federal credit. Strike Tax calculates precise factors for multi-state operations.
Strike Tax ensures federal-state alignment, maximizes apportioned credits, handles Form 6390 filing, and provides audit defense for Alaska R&D claims. Schedule a consultation today.
Use our calculator to estimate your potential federal and state benefits.
Schedule a consultation to structure your research activities for maximum credits.
Connect with us to find out how R&D tax credits can boost your organization’s bottom line.
Alaska provides a research and development credit. If the taxpayer is allowed to claim the federal research and development credit under IRC § 41 for federal tax purposes, the credit is also allowed on the taxpayer's Alaska return, but is limited to 18% of the amount of the federal credit apportioned to Alaska. The credit is claimed on AK Form 6390.
Learn more about Alaska's R&D Tax Credit law here.
R&D Tax Credit Available:
Yes
Eligible Entities:
C-Corporation, S-Corporations, LLCs, Partnerships
Deadline for Tax Filing:
Due with Alaska Tax Return
Data Required to Compute Credit:
Federal Form 6765 or Form 3800
Credit Carryforward:
Unused federal-based credits may be carried back 1 year and forward for up to 20 years.
To get an estimate of the potential value of your unclaimed R&D Tax Credits, try out our credit calculator.
Download our R&D Tax Credit Calculator for Android to see how much you can receive from your qualified R&D tax credit expenses.
The Alaska R&D tax credit is 18% of the federal R&D credit apportioned to Alaska under AS 43.20.021, offsetting corporate income tax for businesses with IRC §41-qualified activities.
Eligible activities include developing or improving products, processes, or software with technological uncertainty, such as energy-efficient drilling tech or software for resource mapping, meeting federal four-part test. Strike Tax identifies qualifying projects.
Savings depend on federal credit size and apportionment; for a $500,000 federal credit with 20% Alaska factor, expect $18,000 in state offsets, plus federal benefits. Use Strike Tax’s R&D Credit Calculator for estimates.
No, credits are nonrefundable but carry forward up to 20 years (1-year carryback). Small businesses can leverage federal payroll tax offsets for added cash flow. Strike Tax maximizes benefits.
File Form 6390 attached to your Alaska corporate income tax return (Form 6000 or Form 6100/6150 for oil and gas filers), including federal Form 6765. Ensure timely filing. Strike Tax simplifies documentation and compliance.
Yes, the state credit stacks on top of the federal credit for the same apportioned QREs, amplifying savings. Strike Tax optimizes claims for both levels.
Energy firms benefit from high QREs in exploration and tech development, with 18% on apportioned credits and 20-year carryforward supporting long-term projects. Strike Tax tailors claims for resource industries.
Maintain federal-compliant records: project descriptions, employee time logs, expense invoices, and uncertainty memos. Retain at least 3 to 6 years consistent with statutes of limitations. Strike Tax ensures IRS-proof substantiation.
Apportionment uses the corporate income tax factor (property, payroll, sales in Alaska vs. everywhere) applied to the federal credit. Strike Tax calculates precise factors for multi-state operations.
Strike Tax ensures federal-state alignment, maximizes apportioned credits, handles Form 6390 filing, and provides audit defense for Alaska R&D claims. Schedule a consultation today.
