R&D Tax Credits for Water Technology

Your Engineers Can
cut your tax bill

The federal and state R&D credit pays back part of what you spend building your technology, even before revenue. ClaimKit finds every eligible dollar in your records and attaches the evidence to defend it.

Claim Line Item

Membrane Engineer

W-2 wages · TY2025

Substantiated
Total$140,000
Apportioned85% qualified
Claimed$119,000
  • Pilot test plans and 26 weekly pilot reports · Google Drive
  • 112 bench tests of flux, rejection and fouling · Uploaded
  • 38 tickets in the “Module redesign” project · Jira
  • 24 payroll runs, Box 1 wages · QuickBooks
  • Prototype modules and pilot materials41 invoices · 3 pilots$250,000
  • Outside lab — PFAS and rejection testing (65%)12 invoices · 180 samples$65,000
  • Controls Engineer — pilot skid control logic214 commits · 36 tickets$108,800
Backed byBacked by Y Combinator
Ex-KPMG R&D Consultants
60+ Customers Claimed in 2026
$100 Million Claimed
From Our Customers

Loved by Finance Teams and Founders

“The R&D evidence finding was excellent. This addressed a massive pain point for us, and the ROI was very very good. Would recommend to anyone!”

Geraldine

CEO, Lewi Software

“I cancelled my accountants mid-project, paid them for their time, and started fresh with ClaimKit – it was still cheaper and faster than letting them finish.”

Kyel Steensma

COO, Edexia

“Enjoyed every bit of using this, it is happy to work with raw data and we didn't need to write the report ourselves. It saved a lot of time compared to traditional consultants.”

Sayan

COO, Fluer

“Efficient, effective with an emphasis on details.”

Rizal Evans

CEO, Evimien

“The R&D evidence finding was excellent. This addressed a massive pain point for us, and the ROI was very very good. Would recommend to anyone!”

Geraldine

CEO, Lewi Software

“I cancelled my accountants mid-project, paid them for their time, and started fresh with ClaimKit – it was still cheaper and faster than letting them finish.”

Kyel Steensma

COO, Edexia

“Enjoyed every bit of using this, it is happy to work with raw data and we didn't need to write the report ourselves. It saved a lot of time compared to traditional consultants.”

Sayan

COO, Fluer

“Efficient, effective with an emphasis on details.”

Rizal Evans

CEO, Evimien

How the Credit Works

Part of Your R&D Spend comes back as credit

Wages, supplies and contractors spent on qualified research come back as credits against income tax, payroll tax and state tax. The ClaimKit study works out how much of your spend qualifies and documents why.

  • Engineering & support salary
  • R&D supplies
  • Contractors

Qualified research

your projects

ClaimKit study

  • Payroll tax offset
  • Income tax credit
  • State credits
The Four-Part Test

Does Your Work Qualify?

Qualified R&D projects must pass all four tests below.

  1. Permitted purpose

    It Improves What You Make

    A new or better product, process or software.

  2. Technological in nature

    It Rests on Hard Science

    Engineering, chemistry, physics, biology or computer science.

  3. Technical uncertainty

    The Answer Wasn’t Known

    You weren’t sure it would work, or how to build it.

  4. Process of experimentation

    You Tested Your Way There

    Models, prototypes and trials. Failed pilots count too.

Example R&D Projects

  • Advanced Treatment

    Membranes, reactors, PFAS destruction.

  • Monitoring and Sensing

    Sensors, analyzers, firmware, algorithms.

  • Resource Recovery

    Nutrients, biosolids, brine, energy.

  • Engineered Equipment

    New or scaled-up pumps, screens and blowers.

  • Controls and Software

    Control logic, SCADA, AI, digital twins.

  • Pilots and Validation

    Bench trials, pilot skids, field tests.

Usually excluded: routine QA after production starts, market research, research outside the US, and work a customer or grant pays for. The rest of your R&D still counts.

Qualified Research Expenses

What It’s Worth

The credit is a share of four kinds of eligible US spending.

Wages

Staff doing, supervising or supporting the research. Founders on payroll count.

Supplies

Materials used up in prototypes, pilots and lab work.

Contract Research

65% of what you pay US contractors to do research for you.

Cloud Computing

Rented compute for simulation, modeling and dev/test. Not production hosting.

Not included: capital equipment, office rent, overhead, research outside the US.

Illustration

A Seed-Stage Membrane Company

Qualified expenseAmount
8 engineers, $1.12M payroll, 85% on R&D$952,000
Prototype and pilot materials$250,000
Lab testing ($100K at 65%)$65,000
Qualified expenses$1,267,000
2025 credit (6%)$76,000

Illustrative. First-time claim, simplified credit method, before Section 280C and state credits.

Missed Earlier Years? Amend Them

Four years: $297,000

  1. 2023, amended$36,0006% of $600K
  2. 2024, amended$54,0006% of $900K
  3. 2025, this year$76,0006% of $1.27M
  4. 2026, estimated$131,00014% method on $1.4M

Illustrative figures. The rate follows your R&D history, not past claims: after three years of spend it’s 14% of spend above half the three-year average. Amended-year credits come back as a refund if you paid tax, or carry forward up to 20 years if you didn’t. The payroll offset can’t be added on an amended return.

No Revenue Yet? Take It as Cash

Use up to $500,000 of credit a year against employer payroll taxes, starting the quarter after you file.

You qualify with:

  • Under $5M in gross receipts in the credit year
  • First revenue in the last five years

Elect it on a timely filed return (extensions count), not an amended one. Up to five years.

Deadline for 2025Oct 15, 2026

For calendar-year C-corps whose 2025 return is on extension.

Our Process

How ClaimKit Works

From your records to an audit-ready package your CPA can file

01.Day 1

Connect Your Tools

Link QuickBooks, Jira, GitHub or Google Drive, or upload pilot data, lab results and timesheets. No interviews.

02.Days 1–3

AI Checks Every Item

Every expense is tested against the four-part test and linked to the pilot data, lab results and engineering work behind it.

03.Days 3–5

Expert Review and Delivery

An ex-KPMG specialist reviews every item; your CPA gets a filing-ready Form 6765, state credits and the full R&D study.

The Comparison

How ClaimKit Compares

What Matters
Traditional Approach
ClaimKit
Items claimed
—Major line items
Every qualified item, evidence attached
Substantiation
—Interviews and sampling
Line by line, as work happens
Your team’s time
—Interviews and surveys
30 minute setup
Audit defense
—Assembled on request
Evidence file already built
Cost
—15–30% of your credit
Flat 10% of your credit
Time
—4–8 weeks
3–5 days
FAQ

Questions Founders and Engineering Teams Ask

Who in water technology can claim the credit?

+

Companies that pay US income or payroll tax: treatment technology and equipment makers, sensor and software companies, and engineering firms developing their own products. Pre-revenue startups can use it against payroll tax. Public utilities can’t use the credit themselves, but the companies building technology for them often can.

We don’t have revenue yet. Is the credit worth anything?

+

Yes. With under $5M in gross receipts and first revenue within the last five years, you can use up to $500,000 of credit a year against employer payroll taxes, starting the quarter after you file. It has to be elected on a timely filed return, so it can’t be added to an amended one.

What kinds of projects qualify?

+

Work that passes the four-part test: it improves a product, process or software, rests on engineering or science, starts without a known answer, and gets there by testing. In water technology that covers membranes, reactors and PFAS destruction, sensors and firmware, resource recovery, new or scaled-up equipment, control software, and the bench trials and pilots that prove them out. Failed pilots count too.

What costs can we claim?

+

W-2 wages for staff who do, directly supervise or directly support the research, including founders on payroll; materials used up in prototypes, pilots and lab work; 65% of what you pay US contractors and outside labs to do research for you; and cloud computing for simulation, modeling and dev/test. Capital equipment (including pilot skids you keep), office rent and overhead aren’t included.

Can we claim for earlier years?

+

Usually. You can generally amend returns filed in the last three years. Amended-year credits come back as a refund if you paid tax, or carry forward up to 20 years if you didn’t. The payroll tax offset is the exception: it can only be elected on an original, timely filed return.

We have grants, or a customer paid for our pilot. Does that work count?

+

Work a grant or customer pays for is usually excluded, but the rest of your R&D still counts. A paid pilot can still qualify if you’re only paid when it works and you keep the rights to what you learn, so we check the terms of each grant and contract.

Do you file our tax return?

+

No. Your CPA files as usual and attaches our package: Form 6765, state credits, Section 174 schedules and the full R&D study.

Which tools do you connect?

+

QuickBooks, Xero, Jira, Notion, Google Drive and GitHub, or upload pilot data, lab results, timesheets and project files.

Find Out What Your Projects Are Worth in a 30-minute call

Tell us what you’re building. We’ll walk through which projects qualify, what they’re worth this year and in earlier years, and whether you can take the credit as cash.

Evidence attached to every dollarEx-KPMG review on every itemBacked by Y Combinator