Calculate your take home pay after federal & Georgia taxes
Last updated on Jul 15 2021
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Georgia state income tax
Brief summary:
- the income tax rate ranges from 1% to 5.75%
- no local income tax
- no state-level payroll taxes
- has standard deduction and exemption
- no state-level tax credits
Georgia fiscal year runs from July 01 the year before to June 30 the current year. So the fiscal year 2021 will start from July 01 2020 to June 30 2021.
Calculating your Georgia state income tax is similar to the steps we listed on our Federal paycheck calculator:
- figure out your filing status
- work out your adjusted gross income [Total annual income – Adjustments = Adjusted gross income]
- calculate your taxable income [Adjusted gross income – (Post-tax deductions + Exemptions) = Taxable income]
- understand your tax liability [Taxable income Γ Tax rate = Tax liability]
- determine whether your tax liability is more than your tax credits and withheld
- Tax liability – (Credits + Withheld) = What you owe or
- (Credits + Withheld) – Tax liability = Tax refunds
State payroll tax
There are no state payroll insurance taxes in Georgia.
Income tax brackets
Single and Married filing separately filers have the same tax rates. Refer to Tax Foundation for more details.
| Fiscal year | Filing status | Taxable income | Rate |
|---|---|---|---|
| 2021 2020 |
Single | $0 – $750 | 1.00% |
| $750 – $2,250 | 2.00% | ||
| $2,250 – $3,750 | 3.00% | ||
| $3,750 – $5,250 | 4.00% | ||
| $5,250 – $7,000 | 5.00% | ||
| $7,000+ | 5.75% | ||
| Married, Filing Jointly or Widow(er) Head of Household |
$0 – $1,000 | 1.00% | |
| $1,000 – $3,000 | 2.00% | ||
| $3,000 – $5,000 | 3.00% | ||
| $5,000 – $7,000 | 4.00% | ||
| $7,000 – $10,000 | 5.00% | ||
| $10,000+ | 5.75% | ||
| Married, Filing Separately | $0 – $500 | 1.00% | |
| $500 – $1,500 | 2.00% | ||
| $1,500 – $2,500 | 3.00% | ||
| $2,500 – $3,500 | 4.00% | ||
| $3,500 – $5,000 | 5.00% | ||
| $5,000+ | 5.75% |
Deductions
Married or widow(er) filers have a different standard deduction from other filers. For more information, refer to Tax Foundation.
| Fiscal year | Filing status | Standard deduction amount |
|---|---|---|
| 2021 2020 |
Single Married, Filing Separately Head of Household |
$4,600 |
| Married, Filing Jointly or Widow(er) | $6,000 |
Exemptions
You can still claim exemption(s) when filing your income tax in Georgia. Refer to Tax Foundation for more details.
| Fiscal year | Filing status | Personal exemption amount |
|---|---|---|
| 2021 2020 |
Single Married, Filing Separately Head of Household |
$2,700 |
| Married, Filing Jointly or Widow(er) | $7,400 | |
| Dependent(s) | $3,000 |
Earned Income Tax Credit (EITC)
Georgia doesn’t have a state-level Earned Income Tax Credit. Refer to TCWF for more information.
Child Tax Credit (CTC)
Georgia doesn’t have a Child Tax Credit.
FAQs
What taxes do Georgians pay?
Besides the state income tax (1% to 5.75%), there are no state payroll tax and local income tax. Although there are no state-level tax credits, you can claim standard deduction and exemption(s).
How much do you make after taxes in Georgia?
A single Georgian with an annual wage of $56,200 will earn $44,222.45 after federal and state income taxes.
Married filers (no dependent) with an annual income of $112,400 will take home $88,430.90 after income taxes.