1 Year Tax Savings: $50,144 (Federal Only)
A research and development tax credit study for this architect in Maryland revealed qualified research expenditures totaling $1,104,980, all of which were paid in wages. By filing for the R&D tax credit, the architect saved $50,144 on first-year federal taxes.
| Study Highlights | |
| Wages | $1,104,980 |
| Supplies | $0 |
| Contract Research | $0 |
| Total Qualified Research Expenditures | $1,104,980 |
