Georgia 2024 Tax Changes For Seniors. Taxpayers who are 62 or older, or permanently and totally disabled regardless of age, may be eligible for a retirement income adjustment on their georgia tax return. This year, 2024, georgia moved to a flat personal income tax rate of 5.49%.
Georgia house bill 581, among other changes, authorizes a single statewide local homestead exemption, which caps value increases of homestead property for maintenance. Most refunds are issued within 3 weeks from the date a return is received by the.
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