What is the Angel Investor Investment Credit?

The Angel Investor Investment Credit is a North Dakota tax credit allowed for making a qualified investment in a North Dakota angel fund. The Angel Investor Investment credit is only for investments on or after July 1, 2017. Your allowable credit is equal to the smaller of (1) $45,000 or (2) the sum of the following:

• Angel investor credit from a Participating Angel Investor Investment Statement, on which the investment date falls within your 2025 tax year. Multiply the investment amount by the applicable credit rate shown on the statement. If you receive more than one statement, calculate the credit for each statement and add the separately calculated credit amounts.
• Angel Investor investment credit from a North Dakota Schedule K-1

If your total angel investor credits for 2025 is over $45,000 the excess credit cannot be carried forward.

The unused portion of your 2025 allowable credit may be carried over and used on subsequent tax years' returns for up to 5 tax years. There is a lifetime credit limit of $500,000.