I earned a fee for a job in GA, why do I have to declare more than just that income?
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The way how GA calculates its state tax is as follows:
It starts with the Federal AGI ( all your income ), then it allows allowances for state personal exemptions and other deductions. We called these adjustments. You will also take either the standard deductions or itemized. Later, you will reach your Georgia taxable income which is your adjusted gross income less your personal exemptions and standard or itemized deductions. Tax rates of between 1% and 6% ( which is a lot lower than federal tax rate) will then apply depending on your tax bracket to determine your total tax due.
The way how GA calculates its state tax is as follows:
It starts with the Federal AGI ( all your income ), then it allows allowances for state personal exemptions and other deductions. We called these adjustments. You will also take either the standard deductions or itemized. Later, you will reach your Georgia taxable income which is your adjusted gross income less your personal exemptions and standard or itemized deductions. Tax rates of between 1% and 6% ( which is a lot lower than federal tax rate) will then apply depending on your tax bracket to determine your total tax due.
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