Form It 511 - Individual Income Tax 500 And 500ez Forms And General Instructions - 2013 Page 28

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SCHEDULE FOR ESTIMATING GEORGIA INCOME TAXES
(Figures may be rounded off.)
1. Federal Adjusted gross income expected during the current year
$
.
2. Social Security
$
.
(See Line 9 instructions on page 11)
3. Railroad Retirement
$
.
(See Line 9 instructions on page 11)
4. Other deductions
(
$
.
See instructions on pages 11-12)
5. Balance (
$
.
Subtract Lines 2 - 4 from Line 1)
6. Personal exemption and
exemption for dependents
$
.
7. Balance
$
.
(Subtract Line 6 from Line 5)
8. Additions to income
$
.
(See instructions on page 11)
9. Balance
$
.
(Add lines 7 and 8)
10. Applicable Retirement Exclusion
(Worksheet on page 14)
$
.
11. Taxable income
$
.
(Subtract Line 10 from Line 9)
12. Tax on amount on Line 11
$
.
(See Georgia tax rate schedule below)
13. Withholding Tax and other credits
$
.
14. Amount from prior year’s return to
be credited to this year’s estimate
$
.
15. Estimated Tax due this year
$
.
(Subtract Lines 13 and 14 from Line 12) (See 500ES on page 27)
GEORGIA TAX RATE SCHEDULE
SINGLE
If Georgia taxable income is
Amount of Tax is
Not Over $
750 .....................................................
1% of Taxable Income
Over
$
750 ............ But not over ...........$2,250
$
7.50 ............ plus 2% of the amount over............$
750
Over
$ 2,250 ............ But not over ...........$3,750
$ 37.50 ............ plus 3% of the amount over............$ 2,250
Over
$ 3,750 ............ But not over ...........$5,250
$ 82.50 ............ plus 4% of the amount over............$ 3,750
Over
$ 5,250 ............ But not over ...........$7,000
$ 142.50 ............ plus 5% of the amount over............ $ 5,250
Over
$ 7,000 ..............................................
$ 230.00 ............ plus 6% of the amount over............$ 7,000
MARRIED FILING JOINT OR HEAD OF HOUSEHOLD
If Georgia taxable income is
Amount of Tax is
Not Over $ 1,000 ..............................................
1% of Taxable Income
Over
$ 1,000 ............ But not over ........... $ 3,000
$ 10.00 ............. plus 2% of the amount over........... $ 1,000
Over
$ 3,000 ............ But not over ........... $ 5,000
$ 50.00 ............. plus 3% of the amount over........... $ 3,000
Over
$ 5,000 ............ But not over ........... $ 7,000
$ 110.00 ............. plus 4% of the amount over........... $ 5,000
Over
$ 7,000 ............ But not over ........... $ 10,000
$ 190.00 ............. plus 5% of the amount over........... $ 7,000
Over
$10,000 ..............................................
$ 340.00 ............. plus 6% of the amount over........... $10,000
MARRIED FILING SEPARATE
If Georgia taxable income is
Amount of Tax is
Not Over $
500 ...............................................
1% of Taxable Income
Over
$
500 ............ But not over...........$1,500
$
5.00 ............. plus 2% of the amount over........... $
500
Over
$ 1,500 ............ But not over...........$2,500
$ 25.00 ............. plus 3% of the amount over........... $ 1,500
Over
$ 2,500 ............ But not over...........$3,500
$ 55.00 ............. plus 4% of the amount over........... $ 2,500
.........$
Over
$ 3,500 ............ But not over...........$5,000
$ 95.00 ............. plus 5% of the amount over
3,500
Over
$ 5,000 ..............................................
$ 170.00 ............. plus 6% of the amount over........... $ 5,000
Page 24

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