Do seniors over 70 have to pay state tax on pension in state of georgia ?

internalrev1 — Tue, 10 Feb 2026 11:21:43 GMT

Re: Do seniors over 70 have to pay state tax on pension in state of georgia ?

JamesG1 — Sun, 18 Feb 2024 19:27:21 GMT

Seniors in Georgia over 70 may have to pay state tax on some of their income but there is a Georgia Retirement Income Exclusion.

The maximum Retirement Income Exclusion is $65,000 for taxpayers who are 65 years of age or older. See the Georgia Department of Revenue here.

The exclusion is available for the taxpayer and his/her spouse; however, each must qualify on a separate basis. If both spouses qualify, each spouse may claim the amounts above.

Income from property that is jointly owned should be allocated to each taxpayer at 50% of the total value.

Up to $4,000 of the maximum allowable exclusion may be earned income.

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

TurboTax will compute the Retirement Exclusion at the screen We found a Georgia tax break for you in the Georgia state income tax return.

topic Do seniors over 70 have to pay state tax on pension in state of georgia ? in Retirement tax questions

Do seniors over 70 have to pay state tax on pension in state of georgia ?

Re: Do seniors over 70 have to pay state tax on pension in state of georgia ?