The New York entry, field by field
This is the registry entry our engine applies for tax year 2026, rendered field by field. Where a field is blank in the registry, the row says so rather than filling the gap.
- Credit for TY2026
- Certificate program only Not as a general credit. The registry records New York research incentives that turn on a state-issued certificate, and our engine does not compute them.
- State form
- None recorded in the registry
- Statute
- NY Tax Law §210-B (Excelsior R&D / Life Sciences - ESD certificate required)
What this means for a New York company
Our engine computes no general New York research credit. The registry records New York research incentives that are gated on a certificate issued by the state, which means the amount is not something a study derives from expenses alone; it follows the certificate. The registry entry carries NY Tax Law §210-B (Excelsior R&D / Life Sciences - ESD certificate required).
That is the whole of what the registry says, and this page will not say more. What does not change is the federal position: the §41 credit is computed from the same substantiated qualified research expenses whichever state the work sits in, and a New York company with qualifying research claims it on Form 6765 like anyone else.
Claiming it alongside the federal credit
The federal §41 credit comes first. It is computed from the qualified research expenses the study substantiates - wages for qualified services, supplies consumed in research, computer and cloud rental, and the allowable share of contract research - and it lands on Form 6765 with the return.
A New York company still claims the federal credit in full. What changes without a state credit is only the second layer, not the first. Where the work was physically performed matters: state credits generally reach the research done in the state, so the same employee can sit inside one state's base and outside another's.
That is why the allocation work is done once, at the expense level, with the state attribution recorded as it is built rather than reverse-engineered at filing time.
One base, two computations
- 1 Qualify the activities under the four-part test and total the year's QREs.
- 2 Compute the federal §41 credit and file it on Form 6765.
- 3 Record why no New York credit is claimed, with the citation, so the file answers the question before anyone asks it.
What the registry tells the preparer
These notes travel with the New York entry inside the platform and are reproduced here verbatim, including the registry's own emphasis. They are written for the person signing the return, which is exactly why they belong on a page about the credit.
- Excelsior Jobs Program R&D credit: 50% of the NY-attributable federal R&D credit, capped at 6% of NY QRE - requires an ESD certificate of tax credit.
- Life Sciences R&D credit: 15% (>=10 employees) / 20% (<10), refundable, $500k/yr cap - requires ESD certification.
Sources
The citations below are carried verbatim on the New York registry entry. They are what the study cites, and what a reviewer can check.
- Statute
- NY Tax Law §210-B (Excelsior R&D / Life Sciences - ESD certificate required)
Registry entry version 2024.1, exported from services/study-api/app/engines/rules_engine.py (STATE_RULES_2024 + STATE_RULES_REGIME_OVERRIDES via RulesEngine.get_state_rules) on September 10, 2026. The registry is versioned per state and per tax year: the entry above governs TY2026, and a study for an earlier year is computed under that year's entry instead.