Georgia does not exclude all retirement income so you may still owe tax, depending on your total income.
The retirement exclusion is $65,000 if the taxpayer is 65 or older.
Eligible retirement income includes:
- Income from pensions and annuities
- Interest income
- Dividend income
- Net income from rental property
- Capital gains income
- Income from royalties
- Up to $4,000 of earned income
Related Information: Retirement Income Exclusion
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