Short answer. California's research credit is 15 percent of qualifying expenses over a base under the regular method, or 3 percent under the Alternative Simplified Credit. You elect one on a timely-filed return, and the regular method usually wins unless your California spend is growing fast.

Key facts

Regular method15% of California QRE over a base
Alternative Simplified Credit3% over 50% of the prior 3-year California QRE average
RefundableNo
CarryforwardIndefinite (after SB 711)
FormFTB 3523

The two rates

California lets you compute the credit two ways and elect the one you can support.

Regular method, 15 percent. Fifteen percent of California qualified research expenses above a base amount tied to your history. This method generally produces the larger credit for a company whose California research spend is flat or growing modestly.

Alternative Simplified Credit, 3 percent. Three percent of California QRE that exceeds 50 percent of the average California QRE for the prior three years. The base math is simpler and the rate is lower, so it tends to favor companies whose California spend is climbing fast or that cannot reconstruct the regular method's base period.

Which rate wins

The better rate depends on your spending curve, not on a single headline number.

For most companies with steady California research, the 15 percent regular credit beats the 3 percent ASC even though the ASC looks simpler. The ASC pulls ahead when California QRE is rising quickly year over year, or when the regular method's base period cannot be reconstructed.

You elect one method on a timely-filed original return. After SB 711, a company that previously used the Alternative Incremental Method must affirmatively choose the regular credit or the ASC for 2025, or it forfeits the credit for that year.

How the rate applies

Two rules shape what the rate is applied to.

The expenses must be for research conducted in California: wages for time worked in California, contractor work performed there, and supplies consumed there. The California rate is applied only to that in-state QRE.

The credit is nonrefundable, but after SB 711 any unused amount carries forward indefinitely, so a rate you cannot use this year is not lost.

The full state overview, the federal Section 41 work it builds on, and related state guides:

Sources

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