If you are under the age of 62 and not permanently disabled than all income that you receive is taxable on a Georgia state income tax return.
If age 62 or older then you are eligible for a Retirement Income Exclusion as a Georgia resident. If you are 62-64 years of age (or less than 62 and permanently disabled), the maximum retirement income exclusion is $35,000. For taxpayers 65 or older, the retirement exclusion is $65,000.
