Mississippi · research and development / Workforce · MS-RDSKILL-001

Research and Development Skills Tax Credit

Publication revised September 24, 2026. Sourcebook page 159.

Credit amount / calculation

$1,000 per qualifying research-skilled position annually for five years.

Business fit and eligible activity

Often-overlooked credit for professional research and development positions such as engineers and technical staff. Qualified research-skilled employees; not equipment purchases.

Eligibility and practical use

The benefit depends on qualifying research-skilled employees, including education and job-duty requirements. Document the employee qualifications and duties; do not equate a scanner purchase with hiring a researcher.

Illustrative business benefit

Five qualifying research-skilled positions produce $5,000 annually, or $25,000 over five compliant years. Equipment and general product-development spending are not the credit base.

Timing / first action

Check application or certification requirements before incurring the qualifying expense or beginning the qualifying activity.

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