How to Apply for a Timber Tax Credit

A taxpayer seeking preapproval for the Timber Tax Credit (155) must file electronically through Georgia Tax Center (GTC). A corporate, fiduciary, partnership/LLC or individual income tax account is required.

NOTE: If you have never filed an income tax return with the State of Georgia, you must call the Taxpayer Services Call Center at (877) 423-6711 to become registered before you can submit your request.

Step 1

  1. Login to GTC.
  2. From the account dashboard, click the Manage My Credits hyperlink.
  3. Click the Request Credit Pre-Approval hyperlink.
  4. Select credit type 155-Timber Tax Credit from the drop-down menu. Click the Next button.
  5. Select a fund. Click the Next button.
  6. Complete the Taxpayer Information step. Click the Next button.
    NOTE: It you have eligible timber in multiple counties, you must submit a separate application for each county.
  7. Complete the Property Information step. Click the Next button.
    NOTE: Based on responses to certain questions, additional required questions and fields will appear.
  8. Complete the Credit Amount step. Click the Next button.
  9. Click the Add Attachment button to upload the required documentation.
    NOTE: all documents are required at the time of submission.
    • IRS Form 4684(s)
    • 2024 Property Tax Assessment Notice
    • Optional Document: Record of Prior Sales of Timber
  10. Select the Type of attachment. Enter a brief Description. Click the Browse button to locate the file on your computer. Click the Save button.
  11. Repeat steps 9 and 10 until all attachments are added. Click the Next button.
  12. Place a checkmark next to the attestation statement. Click the Submit button.
  13. Click Yes to confirm.

A confirmation page will appear with the confirmation number for the submission. Click the OK button.

What to expect: Within 30 days of submitting your pre-approval application you will receive either a letter of completeness or incompleteness. If your application is not complete it must be corrected immediately to be considered for approval.

The Department will process all completed applications after December 31, 2025. Approval letters will be issued no later than January 31, 2026.

Step 2

Once you complete the replanting of timber in a quantity projected to yield at maturity at least 90 percent of the diminution of value included in the computation of the timber casualty loss claimed, you must report on GTC that this requirement has been met. Use the IT-TIM-RPT to file this report.

  1. From the Entity dashboard, click on More.
  2. Scroll to the Management Tile,
  3. Click on Manage my credits.
  4. Click on File IT-TIM-RPT and follow the prompts.
  5. All required documents must be submitted at the time of the Report submission.

Note: Until this required report is submitted, the certificate cannot be viewed on GTC and the credit cannot be sold or claimed by anyone.

Step 3

Claim your credit when you file your income tax return.

Optional: If you sell your credit, use the IT-Trans on GTC. This credit cannot be transferred or sold more than once, and it can only be sold to a single taxpayer.