Georgia Tax FAQs

• taxmOuth Georgia Tax FAQs

Georgia Tax Forms

• taxmOuth Georgia Tax Forms

Georgia Corporate Taxes

• taxmOuth Georgia Corporate Taxes
• Georgia Tax Rates & Brackets:
  
  6%> $0
  
• Loss Carry-back/fwd: 2 Years Back / 20 Years Forward (Unlimited)
• Throwback Sales?: N
• Foreign Tax Deductible?: N
• Alternative Minimum Tax (AMT): N
• Gross Receipts Tax: N
• Capital Stock (Net Worth) Tax?: 0.100% ($5,000 max.)

Georgia Tax Incentives and Credits

• taxmOuth Georgia Tax Credits
• Job Credits?: Y
• R&D Credits?: Y
• Investment Credits?: Y

Georgia Individual Income Taxes

• taxmOuth Georgia Individual Income Taxes
• Georgia tax rates and brackets:
  
  1%> $0
  2%> $750
  3%> $2,250
  4%> $3,750
  5%> $5,200
  6%> $7,000
  
• Local Option IT Rate: None
• Federal Inc used as Base?: Y
• Standard Deductions: Single $2,300 / Joint $3,000
• Personal Exemptions/Credits (c): Single $2,700 / Joint $5,400 / Dependent $3,000
• Federal Tax Deductible?: N
• State Tax Deductible?: Y
• Alternative Minimum Tax (AMT)?: N

Georgia Estate, Gift and Inheritance Taxes

• taxmOuth Georgia Estate and Gift Taxes
• Gift Tax?: N
• Estate Tax?: Copies Federal
• Inheritance Tax?: N
• Generation-Skipping Tax?: N

Georgia Miscellaneous Taxes

• taxmOuth Georgia Miscellaneous Taxes
• Gas Tax: 7.5 cents/gallon
• Diesel Tax: 7.5 cents/gallon
• Cigarette Tax: 37.0 cents/20 pack

Georgia Pass-through Tax Treatment

• taxmOuth Georgia Pass-through Entity Tax
• LLC Pass-through Recognized?: Y
• S-Corp Pass-through Recognized?: Y

Georgia Payroll Taxes

• taxmOuth Georgia Payroll Taxes
• Unemployment Insurance Tax Index (TaxFoundation.org): #22

Georgia Property Taxes

• taxmOuth Georgia Property Taxes
• Median Tax Paid on Homes (Rank): $1,298 (#34)
• Median Value of Homes: $169,100
• Tax as % of Home Value (Rank): 0.77% (#28)
• Median Income of Homeowner: $63,807
• Tax as % of Income (Rank): 2.03% (#34)

Georgia Sales and Use Taxes

• taxmOuth Georgia Sales and Use Taxes
• State Rate: 4.0%
• County & City (Weighted Ave): 3.02%
• Combined State and Ave. Local Rates (Rank): 7.02% (#17)
• General Treatment of Services: Exempt
• Gasoline: Partial
• Groceries: Exempt