Georgia Income Tax Booklet 2024. Starting in 2024, with georgia’s new flat income tax going into effect, georgia’s standard deduction is likely to see further change in the future. Like the federal income tax, the georgia state income tax is progressive, meaning the rate of taxation increases as taxable income increases.

For 2023 (tax returns filed in 2024), georgia had six state income tax rates: Georgia enacts corporate and individual income tax rate reductions, irc conformity update;