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State tax filing
From a tax standpoint only -
Florida does not have a personal income tax. But they make up for that by having higher state sales taxes and higher property taxes.
Georgia does have a personal income tax. But there is a Retirement Income Exclusion for those age 62 or older on the state tax return.
Georgia allows taxpayers age 62-64 to exclude up to $35,000 of retirement income on their tax return. Taxpayers age 65 or older can exclude up to $65,000 of their retirement income on their tax return. Both the taxpayer and the spouse can qualify for the exemption. However, each must qualify individually.
‎August 20, 2021
5:21 AM