Georgia state taxes 2020-2021: Income and sales tax rates
Georgia’s income tax rates range from 1.00 percent to 5.75 percent. Taxpayers reach their highest tax bracket once they reach an income of $7,000 for single filers and $10,000 for married taxpayers filing jointly.
Georgia personal income tax rates: Table
| Georgia personal income tax rates | ||
|---|---|---|
| Tax rate | Single, married filing separate | Married filing jointly |
| 1.00% | $0-$750 | $0-$1,000 |
| 2.00% | $751-$2,250 | $1,001-$3,000 |
| 3.00% | $2,251-$3,750 | $3,001-$5,000 |
| 4.00% | $3,751-$5,250 | $5,001-$7,000 |
| 5.00% | $5,251-$7,000 | $7,001-$10,000 |
| 5.75% | $7,001 or more | $10,001 or more |
| Source: Georgia Department of Revenue | ||
The above income tax rates are for the 2021 tax year. Georgia Governor Brian Kemp recently signed a tax bill that will go into effect beginning the 2022 tax year.
Who has to file Georgia state taxes?
As a full-year resident of Georgia, you’ll have to file an income tax return if any of the following apply to you:
- You’re required to file a federal income tax return.
- You have income in Georgia that’s subject to the state’s income tax but not to federal income tax.
- Your income exceeds Georgia’s standard deduction and personal deductions.
You may also be required to file an income tax return as a part-year resident or non-resident. Part-year residents must file a tax return in Georgia if they’re legal residents of the state for any portion of the year and are required to file a federal income tax return. Part-time residents should complete Schedule 3 to determine how much they’ll owe in Georgia income taxes.
In the cases of non-residents, a tax return is required if you earned income from a Georgia source that includes wages, lottery winnings, rent or income from flow-through entities.
Not sure where to start with filing your federal and state taxes? Check out our new video series on the 2022 tax season.
Georgia sales tax rate: Table
| Georgia sales tax rates | ||||
|---|---|---|---|---|
| Sales tax rate | National rank | |||
| 4% | 40 | |||
| Source: Tax Foundation | ||||
Georgia residents enjoy one of the lowest sales tax rates in the country. However, Georgia allows local governments to charge their own additional sales tax. As a result, the average taxpayer pays a combined state and local sales tax rate that is around 7.31 percent, according to the Tax Foundation.
Other things to know about Georgia state taxes
While income and sales taxes are the ones that apply to most taxpayers, the state also charges a 5.75 percent corporate tax rate on Georgia businesses, as well as property taxes on real estate. For more information, go to the Georgia Department of Revenue website.
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