Get GA IT-711 2021-2024

This will mark a cut of 36 basis points from the Tax Year 2023 rate of 5.75 percent. "When I signed the largest income tax cut in state history in 2022, I did so with the understanding we would deliver on this promise in a responsible way," said Governor Brian Kemp.

If you make $75,000 a year living in the region of Georgia, USA, you will be taxed $18,835. That means that your net pay will be $56,165 per year, or $4,680 per month. Your average tax rate is 25.1% and your marginal tax rate is 35.4%.

Here's an example: Let's say you're a single filer who made $75,000 in 2023. We'll leave any deductions out of the equation for now. Now, if you give that tax chart another look, you'll notice that $75,000 falls into the 22% bracket.

If you make $100,000 a year living in the region of Georgia, USA, you will be taxed $27,685. That means that your net pay will be $72,315 per year, or $6,026 per month.

If you make $60,000 a year living in the region of Georgia, USA, you will be taxed $13,525. That means that your net pay will be $46,475 per year, or $3,873 per month.

Yes. A retirement exclusion is allowed provided the taxpayer is 62 years of age or older, or the taxpayer is totally and permanently disabled.

Georgia offers a tax exclusion on up to $35,000 of retirement income earned by people 62 to 64, or up to $65,000 earned by those 65 and older. (If you're married, you and your spouse both may qualify, but each must qualify separately. If you're a part-year resident, your retirement exclusion will be prorated.)

That means that your net pay will be $49,705 per year, or $4,142 per month. Your average tax rate is 23.5% and your marginal tax rate is 35.4%.