Georgia Paycheck Calculator

More than one million businesses are operating in Georgia, with more than 4.7 million employed residents.

Since tax rates are different based on your salary, things get a bit complicated to learn how much money you can take home.

Georgia paycheck calculator will help you find the amount you can get after all the deductions of taxes on your income.

This also includes whether your income lies in the taxable category.

How to Register a Business in Georgia?

First, you need to decide on your business structure. This will help you decide on organizing the business, your liability, payable taxes, and how your business will legally operate.

After that, you must gather the following information:

• A unique business name
• Name and address of the person registering the business (owner)
• Registered agent’s name and mail address
• Payment form

Once done, you can either register online or send these documents by mail to the Department of Administrative Services.

Discover more about Limited Liability Company (LLC) 

Georgia Tax Overview

As long as your income source is from Georgia, you have to pay taxes regardless of whether you are a resident or non-resident. 

Georgia's state income tax rate starts from 1% and reaches up to 5.75% based on how much you earn. 

Keep in mind that federal taxes are different from state taxes, and the federal tax in Georgia is still at 22.00% (but it's not a flat rate for everyone.)

Georgia's sales tax rate is 4%, and the local sales tax rate is 3.19%. However, if you wish to pay them together, the combined sales tax rate is 7.35% (but it's not the overall average for the entire state).

Employers need to file a form W-2 containing information about the wages paid to each employee and a form W-3 containing the total and taxable wages and tax withheld.

Employees file a form-1099 with information about all the payments they receive from sources that are not their employers.

Taxable Base Wage

Georgia's taxable wage is $9,500 in 2024, which hasn’t changed since 2021.

Year	Georgia Taxable Base Wage
2023	$9,500
2022	$9,500
2021	$9,500

SUTA Rates

Georgia SUTA rates for 2024 range from 0.04% to 8.10%, and the new employer rate is 2.64%. Additionally, there is an administrative assessment of 0.06% for most employers.

You should also know that the SUI (State unemployment insurance) rate is 0.04% to 7.56% in 2023, whereas new employers have to pay 2.7%.

Year	Georgia SUTA Rates
2024	0.04% to 8.10% and 2.64%
2023	0.04% to 7.56% and 2.7%
2022	0.04% to 8.1 and 2.65%
2021	0.04% to 8.1% and 2.5%

FUTA Rates

Employers need to pay 6% of the first $7,000 of each employee’s taxable income as FUTA (Federal Unemployment Tax) for 2024 in Georgia.

Year	Georgia FUTA Rates
2023	6%
2022	6%
2021	6%

However, employers can usually take a credit of up to 5.4% against their FUTA tax liability if they paid their state unemployment taxes in full and on time. This results in a net FUTA tax rate of 0.6% for most employers.

There is also a 0.6% surcharge applied to the first $7,000 of wages to fund state unemployment benefits. This surcharge may be reduced or eliminated based on a state's unemployment experience

FICA Taxes

The FICA tax rates for 2024 in Georgia remain the same as in previous years:

• Medicare Tax: 1.45% of your wages (your employer also pays 1.45%)
• Social Security Tax: 6.2% of your wages up to a maximum taxable earnings base of $160,200 (your employer also pays 6.2%)

Year	Georgia FICA Taxes
2023	2.9%-12.4%
2022	2.9%-12.4%
2021	2.9%-12.4%

Georgia Payroll Taxes Withholding

For payroll taxes, your employer withholds 1.45% and 6.2% for Medicare and Security taxes each pay period, respectively.

Georgia Paycheck Calculator

Your gross pay contains the overall amount before tax deduction, and after paying the tax, you get the net pay.

You can calculate your paycheck by deducting federal, state, local, and FICA and State Insurance taxes from your gross earning. 

If you have LTD: long-term disability insurance, 401(k), medical insurance, FSA, or HSA, they are all added to the pre-tax deduction category and taken from your salary after-tax deduction.

 Good to Know:  Paycheck Stub Abbreviation 

After that, you can remove the post-tax deduction, and in the end, you’ll have your take-home salary.

Georgia Hourly Paycheck Calculator

For hourly tax deduction, everything remains the same except that you must calculate your gross wages. You can multiply your hourly rate by the hours you worked. 

For example, let's check the Atlanta paycheck calculator to see how much tax you will pay. 

Here are the conditions and tax rates:

• Marital status: Married
• Pay period: Monthly
• Hourly wage: $19
• Hours (per pay period): 174
• 401 (k): $280
• HSA: $320

Based on these conditions here is the deductions:

• The federal income tax will be 8.79% = $290
• The state income tax will be 2.01% = $67
• The social security will be 5.6% = $185
• The Medicare will be 1.31% =  $43  
• The pre-tax deduction will be 18.15%= $600

No other taxes are applied to the paychecks. So, the remaining take-home money will be approximately $2121.

Georgia Child Support Calculator

In Georgia, you can calculate child support by finding the basic child support obligation, and the mother and father have to pay based on their share of the total salary they earn.

Scenario:

• Parent 1 (Custodial):
• Gross Monthly Income: $4,000
• Adjusted Gross Monthly Income (after taxes, etc.): $3,200
• Parent 2 (Non-Custodial):
• Gross Monthly Income: $6,000
• Adjusted Gross Monthly Income: $4,800
• Number of Children: 2

Calculation:

1. Combined Adjusted Gross Income: $3,200 + $4,800 = $8,000
2. Percentage of Income:
• Parent 1: ($3,200 / $8,000) * 100 = 40%
• Parent 2: ($4,800 / $8,000) * 100 = 60%
3. Basic Child Support Obligation: Based on the combined income and the number of children, the court consults the Georgia child support guidelines. Let's assume the base amount for 2 children and a combined income of $8,000 is $1,500.
4. Each Parent's Basic Obligation:
• Parent 1: $1,500 * 40% = $600
• Parent 2: $1,500 * 60% = $900
5. Additional Expenses:
• Health Insurance Premium: $300 per month (Parent 2's employer provides)
• Daycare Costs: $1,200 per month
• Total Additional Expenses: $1,500
6. Allocation of Additional Expenses (Pro Rata):
• Parent 1: $1,500 * 40% = $600
• Parent 2: $1,500 * 60% = $900
7. Total Child Support Obligation:
• Parent 1: $600 (basic) + $600 (expenses) = $1,200
• Parent 2: $900 (basic) + $900 (expenses) = $1,800

Result:

In this example, Parent 2 would be obligated to pay Parent 1 $1,800 per month in child support. This covers their share of the basic child support obligation plus their portion of the additional expenses.

Important Notes:

• This is a simplified example. Actual calculations may be more complex, with adjustments for various factors like parenting time and extraordinary expenses.
• The Georgia child support guidelines are complex and change periodically. Always consult with an attorney or use a reliable child support calculator for the most accurate information.

Labor Laws in Georgia

Minimum Wage:

• Georgia follows the federal minimum wage of $7.25 per hour. The state does not have a higher minimum wage.
• Tipped employees can be paid a lower cash wage of $2.13 per hour, as long as their tips bring their total earnings up to at least the minimum wage.

Overtime:

• Employees covered by the Fair Labor Standards Act (FLSA) must be paid overtime at a rate of 1.5 times their regular rate of pay for any hours worked over 40 in a workweek.

Sick Leave:

• Georgia does not have a state-mandated sick leave law. Some employers may offer paid sick leave as part of their benefits package.

Child Labor:

• Georgia has specific laws regarding child labor:
• Minimum age for most employment is 14 years old.
• 14 and 15-year-olds have restrictions on hours and types of work.
• 16 and 17-year-olds have fewer restrictions but cannot work in hazardous occupations.

 

Most importantly, child labor is a crime.

 

Georgia Paystub Generator

The Paystub generator gathers the monthly gross pay of all employees, deducts all the taxes, and shows the net income.

Since it takes lots of time to calculate all this information, you can use an online Paystub generator like Real Check Stubs to finish the job in minutes. This website keeps you safe from fake paystub generators.

Georgia Tax Resources 

Georgia Department of Revenue

GTC (Georgia Tax Center) is the safe and best way for businesses and individuals to take care of their tax needs.

• Website: https://dor.georgia.gov/
• Address: 1800 Century Blvd NE, Atlanta, GA 30345, United States
• Phone: +1 877-423-6711

Frequently Asked Questions (FAQs)

• How much tax is taken from paycheck in Georgia?

Georgia transitioned to a flat income tax rate in 2024. As of January 1, 2024, the rate is 5.49%. However, due to an acceleration in legislation, the rate will be reduced to 5.39% starting from January 1, 2024

• How do I calculate a paycheck in Georgia?

For this, you must get details of your gross income, match the tax slab it lies in, deduct all the taxes, and make adjustments like pre and post-taxes to get the net income you can take home.

• Can I use the Georgia paycheck calculator for free?

Absolutely, there are many websites available offering an Augusta paycheck calculator for free.

Final Words

With our Georgia paycheck calculator, you can easily calculate the amount you can take home. In addition, this post covered details about taxation in Georgia that an employer and employee must know.

Since Georgia has a progressive income tax system, the amount of taxes you pay depends on your income level. This can make it tricky to calculate your take-home pay.