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(a) Withholding Requirement and Tax Rate. Nonresidents who sell or transfer Georgia real property are subject to a 3% withholding tax. The withholding tax is to be computed by applying the 3% rate to the purchase price.
Overview of Georgia Taxes Georgia has a progressive income tax system with six tax brackets that range from 1.00% up to 5.75%. Peach State residents who make more money can expect to pay more in state and federal taxes. There are no local income taxes in Georgia.
Except as provided in subparagraph (C)(1)(iii) of this paragraph, nonresident members having income within Georgia from sources other than the entity may not be included in the entity's composite return and shall be subject to the withholding tax imposed by O.C.G.A.
Contact the Withholding Tax Unit at 1-877-GADOR11 (1-877-423-6711) if you need additional information or assistance. Partnerships, Subchapter S Corporations and LLC's use this form to pay the nonresident withholding on their nonresident members' share of taxable income sourced to Georgia.
Online registration is available through Georgia Tax Center (GTC), a secure electronic customer self-service portal. After your online submission, you should receive your specific tax account number within 15 minutes by email.