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State Income Tax Will Be Lower In 2019
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Your state income tax bill will be lower next year because of a change taking effect in January.
Georgia’s highest tax rate drops from 6 percent to 5 and three-quarters percent, and the standard deduction will double thanks to a bill signed by Gov. Nathan Deal in March.
State officials estimate that would lower taxes by more than $300 million in the next five years.
The cut is expected to offset a several-billion dollar windfall for Georgia due to changes in the federal tax law.
Without this break, many Georgians would have paid more in state taxes.
It’s the first cut to the state income tax in more than 80 years.
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