Tax rate used in calculating Georgia state tax for year 2024
State Abbreviation:
|
GA
|
State Tax Withholding
State Code:
|
13
|
Acceptable Exemption
Form:
|
G-4 or W-4
|
Basis For Withholding:
|
State Exemptions
|
Acceptable Exemption
Data:
|
S, M, N, H / Number of Exemptions
|
TSP Deferred:
|
Yes
|
Special Coding:
|
Determine the Total Number
Of Allowances field as follows:
First
Position - S = Single; H = Head of Household; M = Married,
Filing Joint Return-One Spouse Working; N = Married, Filing
Separate Returns or Joint Return-Both Spouses Working.
Second
and Third Positions - Enter the total number of allowances
claimed. If less than 10, precede with a zero.
|
Additional Information:
|
None
|
Withholding Formula (Georgia Effective 2024)
- Subtract the biweekly Thrift Savings Plan contribution from the gross
biweekly wages.
- Subtract the nontaxable biweekly Federal Health Benefits Plan payment
from the amount computed in step 1.
- Add the taxable biweekly fringe benefits (taxable life insurance,
etc.) to the amount computed in step 2 to obtain the adjusted gross
biweekly wages.
- Multiply the adjusted gross biweekly wages by 26 to obtain the annual
wages.
- Determine the standard deduction by applying the following guideline
and subtract this amount from the annual wages.
Single-S
or
Head of Household-H
|
Married-N
(Filing Separately or
Joint Return - Both Spouses Working)
|
Married-M
(Filing Joint Return -
One Spouse Working)
|
$ 12,000
|
$ 12,000
|
$ 24,000
|
- Determine the dependent exemption allowance by applying the following
guideline and subtract this amount from the result of step 6.
Dependent Exemption Allowance = $3,000
x Number of Dependents
- Apply taxable income computed in step 7 to the following table to determine
the annual Georgia tax withholding.
Tax Withholding Table
All
|
If the Amount of
Taxable Income Is:
|
The Amount of Georgia
Tax Withholding Should Be:
|
Over:
|
But Not
Over:
|
|
Of Excess
Over:
|
$ 0
|
and over
|
$ 0.00
|
plus
|
5.49%
|
$ 0
|
- Divide the annual Georgia tax withholding by 26 to obtain the biweekly
Georgia tax withholding.
|