Georgia State Income Tax Withholding

Reference Number: NFC-24-1704318468
Published: April 3, 2024
Effective: Pay Period 04, 2024

Summary

The income tax withholding formula for the State of Georgia includes the following changes:

• The Standard Deduction for employees who claim Married Filing a Joint Return - One Spouse Working has changed from $7,100 to $24,000.
• The Standard Deduction for employees who claim Single or Head of Household has changed from $5,400 to $12,000.
• The Standard Deduction for employees who claim Married Filing Separate or Married Filing a Joint Return - Both Spouses Working has changed from $3,550 to $12,000.
• The personal allowance deductions for employee and spouse have been removed and replaced by the higher standard deduction amounts.
• The graduated tax tables based on marital status have been replaced by a flat tax rate of 5.49%.

No action on the part of the employee or the personnel office is necessary.

Tax Formula

State Abbreviation:	GA
State Tax Withholding State Code:	13
Acceptable Exemption Form:	G-4 or W-4
Basis for Withholding:	State Exemptions
Acceptable Exemption Data:	S/M/N/H, Number of Exemptions
TSP Deferred:	Yes
Special Coding:	Determine the Total Number of Allowances Claimed field as follows: First Position - S = Single; H = Head of Household; M = Married, Filing Joint Return (One Spouse Working); N = Married, Filing Separate Returns or Joint Return (Both Spouses Working). Second and Third Positions - Enter the total number of allowances claimed. If less than ten (10), precede with zero (0).
Additional Information:	Number of Exemptions are:  Dependents and additional allowances (excluding personal exemption for Taxpayer & spouse) Any remaining number of exemptions become dependent/additional allowances.

Withholding Formula (Residents) (Effective Pay Period 04, 2024)

1. Subtract the nontaxable biweekly Thrift Savings Plan (TSP) contribution from the gross biweekly wages.
2. Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program and Flexible Spending Account — health care and dependent care deductions) from the amount computed in step 1.
3. Add the taxable biweekly fringe benefits (e.g., taxable life insurance) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.
4. Multiply the adjusted gross biweekly wages by the number of pay dates in the tax year to obtain the gross annual wages.
5. Determine the standard deduction by applying the following guideline and subtract this amount from the gross annual wages:

   Single - S or Head of Household - H	Married - N (Filing Separate or Joint Return - Both Spouses Working)	Married - M (Filing Joint Return - One Spouse Working)
   $12,000	$12,000	$24,000

6. Determine the dependent allowance and any additional allowances by applying the following guideline and subtract this amount from the result of step 5:

   Dependent Allowance = $3,000 x Number of Dependents and additional allowances.

7. Multiply the result of step 6 by 5.49 percent to obtain the amount of annual Georgia tax withholding.
8. Divide the annual Georgia tax withholding by the number of pay dates in the tax year to obtain the biweekly Georgia tax withholding.

Resources

To view the updated tax formula, go to the HR and Payroll Clients page from the MyNFC drop-down menu on the National Finance Center (NFC) Home page. Select the Publications tab and select Taxes from the Publications Library section to launch the tax map. Select the desired State from the map provided for the formula.

Previous Tax Bulletin

Inquiries

For questions about NFC processing, authorized Servicing Personnel Office representatives should contact the NFC Contact Center at 1-855-NFC-4GOV (1-855-632-4468) or via the customer service portal at ServiceNow Portal for Federated Users and at ServiceNow Portal for Non-Federated Users.