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Get your taxes done using TurboTax
Hi @Amajette34 ,
The Georgia state tax return starts with your Federal adjusted gross income (AGI). Your Federal AGI includes your capital gains and losses (as allowed) from the sale of crypto. From your Federal AGI, you are permitted certain state deductions and credits that may apply to you. However, there are no deductions or credits for crypto investment sales at this time. Georgia does not tax capital gains differently than other income.
If this doesn't fully answer your question, please reply with more details so I can assist you!
Thank you,
MelanieCPA
‎November 16, 2023
2:24 PM