Georgia State Tax: Georgia’s Rates and Who Pays in 2022-2023

Details
5435934d85

Georgia’s state income tax rates range from 1% up to 5.75%. The bracket you fall in and the amount of income tax that you may pay will depend on your marital status, residency, and income. Georgia state income tax rates and tax brackets Single filers Taxable income bracket 1% of your taxable income. $751-$2,250. $8 […]


Georgia’s state income tax rates range from 1% up to 5.75%. The bracket you fall in and the amount of income tax that you may pay will depend on your marital status, residency, and income.


Georgia state income tax rates and tax brackets


Single filers

 


Taxable income bracket

  
   


1% of your taxable income.
 


$751-$2,250.


$8 plus 2.2% for every $750.
 


$2,251-$3,750.


$38 plus 3.3% for any amount above $3,750
 


$3,751-$5,250.


$83 plus an additional 4% for any amount above $5,250
 


$5,251-$7,000.


$143 plus an additional 5% for any amount above $5,250
 


$7,000 or more


$230 plus 5.75% of the amount above $7,000.


Married filing together or head of household

 


Taxable income bracket

  
 


$0-$1,000.


1% of your taxable income.
 


$1,001-$3,000.


$10 plus 2.2% for every $1,000.
 


$3,001-$5,000.


$50 plus an additional 3% for every $3,000.
 


$5,001-$7,000.


$110 plus an additional 4% for amounts over $5,000
 


$7,001-$10,000.


$190 plus an additional 5% for any amount exceeding $7,000.
 


$10,000.01 or more


$340 plus 5.75% of the amount above $10,000


Married filing separate

 


Taxable income bracket

  
   


1% tax on taxable income
 


$501-$1,500.


$5 plus 2.2% for every $500.
 


$1,501-$2,500.


$25 plus an additional 3% for any amount above $1,500
 


$2,501-$3,500.


$55 plus an additional 4% for any amount above $2,500
 


$3,501-$5,000.


$95 plus an additional 5% for any amount exceeding $3,500
 


$5,000.01 or more


$170 plus 5.75% for amounts over $5,000


Do you have to pay Georgia’s state income tax?


If your residence in Georgia is full-time, you will need to file a Georgia income tax return.


  • A federal tax return must be filed.


  • You must meet income requirements.


A state return may be required in certain situations for non-residents or part-year residents who earn income here.


What’s my Georgia residency status?


There are three types of Georgia residency statuses. Depending on which type you have, your income tax amount could be calculated differently.


Resident status rules


Full-time residents are those whose legal residence in Georgia is Georgia. Even if they are temporarily away from the state, this is true.


Part year resident status rules


Part-year residents are those who have been legal residents of Georgia for less than one year. If they have to file an income tax return in Georgia, part-year residents can use Georgia Form 500 Individual Incometax Return.


Nonresident status rules


Nonresidents who reside in Georgia but have earned certain income from Georgia might also need to file a state income-tax return. Some examples include:

  •  


  • Georgia Lottery Winners.


  • Income from flow through entities like S-corporations and partnerships, LLCs trusts and estates.

  •  


When is the deadline to file my Georgia state income tax bill


April 18, 2023 is the deadline to file and pay Georgia state income taxes. The deadline for filing tax extensions is Oct. 16, 2023.


Georgians affected by severe weather, or a state emergency declared by FEMA can file taxes by the extended deadline of October 16, 2023


. To find out if you are eligible, contact the Georgia Department of Revenue or the IRS.


Six things you need to know about Georgia’s state tax


  1. In 2022, the standard deduction for Georgia’s state tax was increased. Single filers now have the ability to deduct $5,400, while married couples can deduct $7,000.


  2. As a paper check, Georgia’s first-time tax filers or those who haven’t filed taxes for more than five years will get their refund.


  3. Georgia taxpayers can use the Free File Alliance to check if they are eligible for other vendors.


  4. Tax assistance can be provided by the IRS through programs like Volunteer Income Tax Assistance or Tax Counseling for Elderly.

  5. Are you curious about where your Georgia state tax refund is located? Online status check.

  6. You can request that your tax bill be paid in installments by the Georgia Department of Revenue if you are unable or unwilling to pay it all at once.