Hemp R&D Tax Credit Calculator

Your company qualifies to receive R&D Tax Credits based on activities and expenses toward innovating new or improved products and processes. Receive an estimate. Get Your Money Back!

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Note: The Tax Credit Calculator is indicative only for information purposes. It should not be used as a basis for calculations submitted in your tax returns. Contact HempTax to know exactly how much you could earn from your QREs.

How to Use the HempTax R&D Tax Credit Calculator

Yearly Expenses: Enter the amount of expenses spent annually on developing or improving products, processes, patents, inventions, or formulas in the Hemp and CBD industries.

Include your total yearly employee payroll, supplies/raw materials expenses, and outsourced costs to 3rd-party contractors. For more information about what expenses qualify as QREs, please reach out to our R&D tax credit experts.
State: Select the state or states where your employees reside.

This helps us give a closer estimate of the tax credit you can claim. Different states offer different benefits when it comes to R&D tax credit, apart from the uniform Federal R&D Tax Credit.
Get Your Estimate!

Naturally, we won’t truly understand all the possibilities until we get our hands in the soil and learn about the intracacies of what you do and how you do it. For that, you’ll need to talk to our team.

Ready to talk about hemp?

R&D Tax Credits are a great way to reinvest those dollars not spent on taxes back into your people, your plants, and your mission!
Let's keep you growing!
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