Georgia 2024 Tax Changes 2024

Georgia 2024 Tax Changes 2024. A person making $45,000 a year will save about $45 on their 2024 income tax. • the income tax rate was reduced from a maximum rate of 5.75% to a flat rate of 5.39%.

The following changes are effective july 1, 2024, but retroactive to taxable years beginning on or after january 1, 2024: With demand outweighing supply, housing prices are rising nationwide, and those increased values can.