Nevada has a $500,000 minimum qualified production spend.

At least 60% of the production budget, including pre-production, production, and post-production, must be incurred in Nevada as qualified direct production expenditures. However, if all post-production will be completed outside of Nevada, then post-production expenditures can be withheld from the 60% calculation.

Below-the-Line NV Resident Bonus: a 5% bump on cumulative qualified expenditures and production costs if more than 50% of the BTL personnel are Nevada residents (must show declaration of residency forms).

Rural County Location Bonus: a 5% bump on the cumulative qualified expenditures and production costs if more than 50% of the filming days occurred in a county in which, in each of the two years immediately preceding the date of application, qualified productions incurred less than $10,000,000 of direct expenditures.

Apply no earlier than 90 days prior to the start of principal photography.

The application should include proof that the project is in the economic interest of Nevada, proof of project financing, a script or synopsis, and other supporting documents.

*There is a compensation cap of $750,000 per individual or loan-out corporation. Resident producer compensation must not exceed 10% of the total Nevada expenditures (5% for non-resident producers).

The qualified production must complete production within one year after the commencement of principal photography.

The tax credit has a four year carry-forward.