Department of Revenue Automatically Extending 2019 Filing Deadline
The Georgia Department of Revenue is automatically extending the 2019 income tax filing and payment deadline to July 15, 2020. Vehicle registrations that expire between March 16, 2020 and May 14, 2020 are being extended through May 15, 2020.
Retirees - FAQ
Does Georgia tax Social Security?
No. Taxable Social Security and Railroad Retirement on the Federal return are exempt from Georgia Income Tax. The taxable portion is subtracted on schedule 1 of Form 500.
Does Georgia offer any income tax relief for retirees?
Yes. A retirement exclusion is allowed provided the taxpayer is 62 years of age or older, or the taxpayer is totally and permanently disabled. Retirement income includes items such as: interest, dividends, net rentals, capital gains, royalties, pensions, annuities, and the first $4000.00 of earned income. Earned income is income from a trade or business, wages, salaries, tips, or other compensation. Refer to the instruction booklet for the amount of the exclusion and for additional information.
Can both my spouse and I qualify for the retirement exclusion?
Yes, but each must qualify separately.
I am a part-year or nonresident. Am I allowed to take the retirement exclusion?
Part-year residents and nonresidents must prorate the retirement exclusion. Please see the Form IT-511 instruction booklet for more information.