What are the tax rates for different income brackets in Georgia?

The tax rates for different income brackets in Georgia vary depending on the individual's filing status and income level. As of 2021, the state of Georgia follows a progressive income tax structure with six tax brackets. The tax rates range from 1% for the lowest income bracket (up to $750) to 5.75% for the highest income bracket (for taxable income over $7,000). The specific income thresholds for each bracket are adjusted annually based on inflation. It is important to note that these rates and brackets may change over time, and taxpayers are advised to consult the Georgia Department of Revenue's official website or seek professional assistance for the most up-to-date tax information and calculations.