Get O.C.G.A. 48-7-40.26

Any Georgian who was a full-year resident in 2020 and 2021 and who also filed a Georgia individual income tax return for 2020 and 2021 is eligible for the refund.

Just as last year, single tax filers and married individuals who file separately could receive a maximum refund of $250, head of household filers could receive a maximum refund of $375, and married individuals who file joint returns could receive a maximum refund of $500, based on an individual or couple's tax ...

Any unused film tax credit, for the production company or any transferees, can be carried forward for three years from the close of the taxable year in which the film tax credit was issued its final certification. Film tax credits may not be carried back and applied against prior year's income tax liability.

The Georgia taxable net income of an individual shall be computed pursuant to O.C.G.A. § 48-7-27. There shall be added to "net income" the amount of deductions reflected therein which resulted from transactions occurring in years in which the individual was not subject to Georgia income tax.

§ 48-7-42 - Affiliated entity defined; assignment of corporate income tax credit; carryover of unused credit; joint and severable liability. (C) Is the grantor or owner under a management agreement with a managing company of the project.

Our Job Tax Credit gives you a credit ranging from $1,250 to $4,000 per year for 5 years for every new job created. In certain areas, the credit can also lower your payroll withholding obligations. To qualify: The new jobs must be in a specific industry sector, such as manufacturing, distribution or data processing.

Applications must not be submitted earlier than 90 days prior to the start of principle photography. The tax credit may be claimed once a minimum of $500,000 of qualified expenditures have been made and the tax credits have been certified with GDOR.

A production is required to spend a minimum of $500,000 in Georgia qualified expenditures to qualify for the film tax credit. Costs for pre-production, production, and post-production related to filming in Georgia are qualified expenditures.