Taxes for Partnerships

On this page, find forms and information related to Taxes and Partnerships in the state of Georgia.

There is a 5.75% income tax on Partnerships that own property, do business in Georgia or receive income form Georgia sources. If the business elects to pay tax at the entity level, estimated tax payments are required.

Form 700 Partnership Tax Return applies to:

Businesses are required to file a Georgia Income Tax Return Form 700 if your business is required to file a Federal Income Tax Form 1065 and your business:

Owns property or does business in Georgia
Has income from Georgia sources; or
Has members domiciled in Georgia

The Form 700 is an information return when not electing to pay tax at the entity level and as such the income tax is paid by the partners. This also applies to an LLC that is treated as a partnership for federal income tax purposes.

When electing to pay tax at the entity level, the income tax is paid by the partnership and not by the partners. This also applies to an LLC that is treated as a partnership for federal income tax purposes.

More Information for Partnerships

Dues Date - The date to file the partnership return is on or before the 15th day of the third month.

Frequently Asked Questions

HB 149 Pass-Through Entity (PTE) Tax Partnerships

Taxes: Relevant Partnership Forms

DOR forms related to filing partnership income tax in the state of Georgia.

Link	Description
IT-711 Partnership Income Tax Booklet	General instructions and information for filing Georgia partnership tax returns.
700 Partnership Tax Return	Information tax return for partnerships in the state of Georgia.
GA-8453P Partnership Tax Declaration for Electronic Filing	Georgia Partnership Tax Return Declaration for Electronic Filing, Summary of Agreement between Taxpayer and ERO or Paid Preparer.

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