Tax Year 2019 Georgia Income Tax Brackets (TY 2019 – 2020)
Georgia – Single Tax Brackets
| Tax Bracket | Tax Rate |
|---|---|
| $0.00+ | 1% |
| $750.00+ | 2% |
| $2,250.00+ | 3% |
| $3,750.00+ | 4% |
| $5,250.00+ | 5% |
| $7,000.00+ | 6% |
Georgia – Married Filing Jointly Tax Brackets
| Tax Bracket | Tax Rate |
|---|---|
| $0.00+ | 1% |
| $1,000.00+ | 2% |
| $3,000.00+ | 3% |
| $5,000.00+ | 4% |
| $7,000.00+ | 5% |
| $10,000.00+ | 6% |
Tax brackets and tax rates are ever-changing as the cost of living increases over time. Georgia is no exception to the rule, as its tax brackets were previously updated back in 2009, while the tax rates witnessed an even earlier update in 2001. These rates are no constants though, as they are bound to inflate and are modified on a yearly basis to, as mentioned above, reflect the modifications that the cost of living is witnessing over time.
Understanding Georgia Tax Bracket
In Georgia, taxation is governed by five marginal tax brackets, for which the marginal rates include 1%, 2%, 3%, 4%, 5%, and 5.75%. Each of these marginal rates is only applicable to earnings within the corresponding tax bracket.
Furthermore, tax brackets depend on the filing type, which means that married couples, for example, who file their income tax return jointly, will generally have broader tax brackets compared to those filing their tax return individually.
Understanding tax brackets may seem tricky, but it’s quite simple: you need to pay every Georgia marginal tax rate starting from the lowest bracket to the highest tax bracket in which your last buck was earned. You don’t have one “tax bracket,” you have as many as your earnings go. Although for comparison sake, your Georgia tax bracket is defined as the tax bracket in which you earned your last dollar in any tax period.
Understanding Georgia Bracketed Income
Simply put, bracketed income tax is a flat amount that you have to pay for all your earnings to the highest bracket, along with a marginal percentage of any earnings that exceed the highest bracket. All of that is broken down in the chart below:
Single Tax Brackets
| For earnings between $0.00 and $750.00, you’ll pay 1% |
| For earnings between $750.00 and $2,250.00, you’ll pay 2% plus $7.50 |
| For earnings between $2,250.00 and $3,750.00, you’ll pay 3% plus $37.50 |
| For earnings between $3,750.00 and $5,250.00, you’ll pay 4% plus $82.50 |
| For earnings between $5,250.00 and $7,000.00, you’ll pay 5% plus $142.50 |
| For earnings over $7,000.00, you’ll pay 5.75% plus $230.00 |
Married Filing Jointly Tax Brackets
| For earnings between $0.00 and $1,000.00, you’ll pay 1% |
| For earnings between $1,000.00 and $3,000.00, you’ll pay 2% plus $10.00 |
| For earnings between $3,000.00 and $5,000.00, you’ll pay 3% plus $50.00 |
| For earnings between $5,000.00 and $7,000.00, you’ll pay 4% plus $110.00 |
| For earnings between $7,000.00 and $10,000.00, you’ll pay 5% plus $190.00 |
| For earnings over $10,000.00, you’ll pay 5.75% plus $340.00 |
Georgia Tax Deductions
Another essential feature of the Georgia income tax that you need to understand is deductions, mainly the Georgia Standard Deduction, the Georgia Personal Exemption, and the Georgia Dependent Deduction. These deductions are the most commonly encountered by taxpayers in this state, and their values for the tax year 2016 are the following:
| Standard Deduction (S) | Standard Deduction (M) | Personal Exemption | Dependent Exemption |
| $4,600.00 | $6,000.00 | $2,700.00 | $3,000.00 |
Breakdown of Georgia Tax Deductions
Georgia Standard Deduction: This is the default deduction available to every taxpayer should they fail to file an itemized deduction. The values of this deduction are:
- $4,600.00 of tax-free income per year for single taxpayers.
- $6,000.00 of tax-free income per year for taxpayers filing jointly.
Georgia Personal Exemption: This deduction is supported by the Georgia income tax, and it is available for every taxpayer responsible for their own living expenses.
Georgia Dependent Deduction: In addition to the Georgia Personal Exemption, for each qualifying dependent under your wing, such as a child or a family member, for whom you support the living expenses, you can get an additional dependent exemption. These deductions aren’t specific to Georgia, as the Federal Income Tax also has a standard deduction, personal exemptions, and dependent deductions, which are applicable in all states nationwide. Keep in mind that their amounts and rules may differ from those of Georgia.
2018 Georgia Income Tax Filing Deadlines
| Deadline | Type of Filing | Description |
| July 15, 2020 | Tax Return | Georgia State Income Tax Return Due Date. |
July 15, 2020 | Tax Extension | Georgia Automatic Extension. |
October 15, 2020 | Tax Return | Last day to efile a 2018 Georgia State Income Tax Return for tax extension filers and late efilers. |
Disclaimer:
While we do our best to keep this list of Georgia income tax rates up to date and complete, we cannot be held liable for errors or omissions. Is info on this page missing or out-of-date? Please let us know so we can fix it!
Update:
Our Georgia tax brackets are currently from the tax year 2019 (filed in April 2020). Many states adjust their tax brackets yearly, and we will update the State Name tax brackets for 2021 as soon as they become available.
Andrew Osterland, CPA, CFA, graduated from West Virginia University with a B.S.B.A. in Accounting in 2011. Mr. Osterland worked for the West Virginia State Tax Department as a Tax/Revenue Auditor. This experience helped him gain some insight into the government side of an audit and the general rules of Sales and Use Tax.