Georgia State Income Tax 2024 Changes By Kemp

Georgia State Income Tax 2024 Changes By Kemp. Kemp on thursday, april 18, signed a package of income tax cuts, as well as a bill that could cap the increase in a home's taxable value if voters approve in november. Technically, the rate dropped to 5.49 percent.


Georgia State Income Tax 2024 Changes By Kemp

By accelerating the reduction, the rate for tax year 2024 will be 5.39 percent, rather than the 5.49 percent set by hb 1437. Right now, the state income tax rate is just below 6%.

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