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October 31, 2022
Question

What is georgia's capital gains tax rate

  • October 31, 2022
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what is georgia's capital gains tax rate on sale of primary residence

1 reply

Critter-3
October 31, 2022

For individuals the standard capital gain tax rate is 20%. Gains from sale of residential property held for more than two years is tax exempt.     https://www.worldwide-tax.com/georgia/georgia-taxes.asp#:~:text=For%20individuals%20the%20standard%20capital,individual%20is%20taxed%20at%205%25.