7/30/2023 0 Comments Georgia income tax brackets 2021Because some states are excluded from the rankings and a few share common uppermost rates, there are 34 numerical rankings, with 1 indicating the highest uppermost rate and 34 indicating the lowest. Numerical rankings are tabulated by excluding states with no personal income tax (as well as New Hampshire and Tennessee, which charge income tax only on dividends and interest) and are based on the highest possible tax rate for which an individual might be liable. The table below summarizes personal income tax rates for Georgia and neighboring states in 2015. In Georgia, there are six income tax brackets. A tax bracket is the income range to which a tax rate applies. An individual's tax liability varies according to his or her tax bracket. The personal income tax rates in Georgia for the 2015 tax year ranged from 1 percent to 6 percent. Tax rates Personal income tax See also: Personal income tax The state's tax revenues per capita were $1,845, ranking 48th out of 51 states and the District of Columbia. In 2014, according to the Federation of Tax Administrators, Georgia collected $18.629 billion in tax revenues.For more current information regarding tax policy, click here. The historical Georgia tax policy information below is presented as it was written on Ballotpedia in 2015. If you would like to help our coverage grow, consider donating to Ballotpedia. This article does not contain the most recently published data on this subject.
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