What are the tax rates for different income brackets in Georgia?
Asked 2 years ago
The income tax rates in Georgia are structured progressively, meaning that different portions of an individual's income are taxed at varying rates depending on the income bracket. As of the latest data available, Georgia has six tax brackets for individual income tax. The rates for these brackets are organized as follows.
For the income range of up to fifteen thousand dollars for single filers and up to thirty thousand dollars for married couples filing jointly, the tax rate is one percent. For single filers earning between fifteen thousand and thirty thousand dollars, the rate increases to two percent, while married couples filing jointly in this bracket pay two percent on their income up to thirty thousand dollars.
For single filers with income between thirty thousand and one hundred thousand dollars, the rate is three percent. For married couples filing jointly earning between thirty thousand and one hundred fifty thousand dollars, the rate remains at three percent. Taxpayers with income ranging from one hundred thousand to one hundred seventy thousand dollars face a tax rate of four percent for single filers and four percent for married couples filing jointly with incomes from one hundred fifty thousand to three hundred thousand dollars.
The highest income bracket, which applies to individuals earning over one hundred seventy thousand dollars and couples earning over three hundred thousand dollars, is taxed at five percent. It is essential to consult the most recent guidelines published by Georgia Department of Revenue or check the official website for any updates or specific deductions and credits that may apply.
If you need to call Georgia Department of Revenue customer service, now that you have the answers
that you needed, click the button below. You can either call them on your phone or use our
free AI-powered phone to dial for you, get a rep for you, and more.
Find a list of many popular Georgia Department of Revenue questions with answers or step by step guides on our FAQ page below. Or ask a whole new question and get an answer right away.