Georgia Department Of Revenue, Georgia Tax
Georgia Business Corporate Tax, Georgia Personal Income Tax, Georgia Sales Tax Rates
What is the Georgia corporate net income tax rate?
5.75%
What are the Georgia personal net income tax rates?
In 2024, Georgia moved to a flat state income tax. Here is is the personal income tax rate schedule for January 1, 2024 to January 1, 2029:
- January 1, 2024: 5.49%
- January 1, 2025: 5.39%
- January 1, 2026: 5.29%
- January 1, 2027: 5.19%
- January 1, 2028: 5.09%
- January 1, 2029: 4.99%
What is the average Georgia sales tax rate?
Georgia also has a 4% state sales tax rate and an average combined state and local sales tax rate of 7.38%.
Are there standard deductions?
Single: $2,300
Joint: $3,000
Are there personal exemptions?
Single: $2,700
Dependents: $2,700
What forms do you file for your Georgia taxes?
C corporations: Form 600
S corporations: Form 600S
Partnerships: Form 700
Individual: Form 500
Estimated tax payments?
Form 500-ES. You must pay 70% of the prior year tax due, if your net taxable income is over $1000 after your deductions and expemptions.
Georgia Department of Revenue:
Georgia Department of Revenue
1800 Century Center Blvd.
Atlanta, GA 30345
Telephone: 877-423-6711
Georgia Department of Revenue Website
If you use Northwest Registered Agent as your Georgia non profits for only $100.
