Do I need to file a Georgia State tax return?

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Your tax filing requirements for Georgia State are determined by your residency status.

 

Full Residents

As a full resident of Georgia State you are required to file a Georgia State Tax Return if any of the following apply to you:

·      You are required to file a Federal Income tax return- As a US Expat this can vary as it can depend on whether you are in a certain income threshold.

·      You have income subject to Georgia income tax but not subject to federal income tax

·      Your income exceeds Georgia’s standard deduction and personal exemptions

 

You are required to file a Georgia State Tax return for as long as you are a legal resident of Georgia- even if you are not currently residing in the state.

 

Part-Year Resident

If you are a legal resident of Georgia for only part of the tax year and are required to file a federal income tax return, you will also be required to file a Georgia Form 500 Individual Income Tax Return. Page 6, Schedule 3 is used to determine the portion of your income that is taxable by Georgia State.

 

Non-Resident

Nonresidents who work in Georgia or receive income from Georgia sources and and are required to file a Federal Income Ta x return are required to file a Form 500 Individual Income Tax Return.

 

Examples of Georgia Sources of Income:

·      Wages

·      Georgia Lottery Winning s

·      Income from flow through entities

·      Rents

 

If you are a legal resident of another state, you are not required to file Georgia income tax return to file a Georgia income return if:

·      Your only activity for financial gain or profit in Georgia consists of performing services in Georgia for an employer

·      The compensation for services performed does not exceed the lesser of 5% of the wages in all places or $5,000.00

 

Contact us for Georgia State Tax Advice

alistair bambridge