Georgia Withholding Tax Information - Form W-2 & 1099


Withholding refers to that portion of wages deducted by employers to pay individual income tax on behalf of their employees. Employers are required to withhold Georgia income tax from the wages of residents for services performed inside or outside of this state and from nonresidents for services performed in Georgia.

The withholding tax rate ranges between zero and six percent. The Georgia Department of Revenue is pleased to announce a new Georgia Tax Center (GTC) that allows business customers to file returns and pay taxes electronically. Beginning January 1, employers can file withholding tax returns and make payments using this system.



Forms Due Dates Notes
Paper Filing Electronic Filing
Form 1099-MISC - March 31st Form 1099-MISC is for reporting miscellaneous income for service performed for a business by people not treated as its employees, such as payments to subcontractors, rent payments, or prizes.
Form W-2 - February 28th Form W-2 is a summarization of an individual employee’s wages, tips, any other applicable compensation, or taxes withheld
Form G-1003 February 28th February 28th Form G-1003 Income Statement Transmittal Form
Form G-7(4th Quarter) January 31st January 31st Form IT-550 may be used to request a refund of withholding, corporate, and individual income taxes






Georgia Withholding Reporting Requirements



Employers who withhold or are required to withhold Georgia income tax. There are several tiers of filing based on tax liability:


Annual Return

Employers whose tax withheld or tax required to be withheld is $800 or less per year can remit payment with Form G-7 Quarterly Return on or before January 31 of the following year, unless they are required to remit such payment electronically.


Quarterly Return

Employers whose tax withheld or tax required to be withheld is $200 per month or less, but more than $800 per year, is required to file and remit payment with Form G-7 Quarterly Return on or before the last day of the month following the end of the quarter, unless they are required to remit such payment electronically. Form G-7 is required even if there was no tax withheld for the quarter.


Monthly Return

Employers whose tax withheld or tax required to be withheld exceeds $200 per month, is required to remit payment with Form GA-V Payment Voucher on or before the 15th day of the following month, unless they are required to remit such payment electronically.


Georgia requires that the employer file Annual Reconciliation Form G-1003 along with their W-2/1099 filing.

E-filing with ExpressTaxFilings puts the filer in control and enables them to quickly file their state returns. ExpressTaxFilings offers the unique advantage of seamless and simple electronic filing for both your W-2s and 1099s.

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Georgia State Form W-2 Filing Requirements



Employers are required to submit copies of W-2, 1099, and other income statements with Form G-1003 reflecting payments that are subject to Georgia income tax withholding.

Form W-2, Wage and Tax Statement
, is used to report wages paid to employees and the taxes withheld from them. Every employer engaged in a trade or business who pays compensation for services performed by an employee, including non-cash payments of $600 or more for the year, must file a Form W-2 for each employee (even if the employee is related to the employer).



What to File?

You may file the following withholding tax forms using GTC:

  • Original G-7 forms (For Monthly, Quarterly and Semi-weekly Payers)
  • Amended G-7 forms (For Monthly, Quarterly and Semi-weekly Payers)
  • Original G-1003 Income Statement Transmittal
  • Amended G-1003 Income Statement Transmittal

Reconcillation Forms

Form G-7, Quarterly Return for Monthly Payer, is for the reconciliation of Georgia taxes withheld quarterly. The due date for Form G-7 is either on or before the last day of the month following the end of the quarter for both monthly and quarterly filers, or on or before January 31 of the following year for annual filers.


Form G-1003, Income Statement Transmittal, is for the reconciliation and submission of Forms W-2 and 1099. G-1003 is due on February 28th of the calendar year following the taxable year for paper filing, however a 30 day extension is allowed for electronic filing. Forms W-2 and/or 1099 must be submitted with Form G-1003. This form may be paper filed at:

Processing Center
Georgia Department of Revenue,
P.O. Box 105682,
Atlanta, GA 30348-5685.

Monthly filers can mail their return to:

Processing Center
Georgia Department of Revenue,
P.O. Box 105482,
Atlanta, GA 30348-5482.

How to File?

Electronically:

If you file and pay electronically, you must file the form G-1003 and related income statements electronically. Also, employers who are federally required to file income statements electronically must file them electronically for Georgia purposes.

Online submission: https://gtc.dor.ga.gov/_/#1


Form W-2 can be filed electronically or by paper filing. The SSA encourages all employers to e-file. ExpressTaxFilings.com is a convenient and secure way to e-file your Form W-2.



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Form W-2C

An amended return for the period in question and applicable W-2Cs (if the year has ended) should be attached to the Form IT-550. To amend Form G-7, check the “Amended Return” box near the top of the form and write the corrected information in the appropriate fields.

The mailing address for a withholding tax related IT-550 is

Withholding Tax Unit,
P.O. Box 49432,
Atlanta, GA 30359.


For additional information, contact the Withholding Tax Unit at 404-417-2311.


Filers may use ExpressTaxFilings to easily edit and fix any incorrect W-2s originally filed with ExpressTaxFilings.com.



Georgia State Form 1099 Filing Requirements



Form 1099 is filed electronically with the state of State of Georgia by us, but you must file the annual reconciliation form G-1003 directly with the State of Georgia.

Only non-wage statements reporting payments that did not have Georgia income tax withheld can be filed under CF/SF program. All statements containing Georgia income tax withholding must be reported directly to the Department of Revenue

A form 1099 is used to report a variety of unique income payment types to the IRS. This form is typically used when the taxpayer has received income from sources other than a wage-paying job. There are several different variations to the 1099 forms themselves.

The specific 1099 form is determined depending on the type of income being reported.

Combined Federal/State Filing Program

Georgia participates in the Combined Federal/State Filing (CF/SF), but only for non-wage statements. All statements contain Georgia income tax withholding must be reported directly to the Department of Revenue.


ExpressTaxFilings is a tax E-File software that helps you file and furnish 1099 Forms including 1099-MISC, 1099-INT and 1099-DIV Forms to your recipients all in one place.


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Form 1099 MISC

1099-MISC forms to report miscellaneous income to the IRS for the following:

  • Income earned by an independent contractor, but not an employee (also known as non-employee compensation)
  • Fees, commissions, rents, or royalties paid
  • Payment for prizes, awards, or legal services
  • Excess golden parachute payments
  • Medical and health care payments

The most common type of miscellaneous income is non-employee compensation.


Send your 1099-MISC to:
Georgia Department of Revenue
Processing Center,
PO Box 105685a,
Atlanta, GA 30348-5685.


With Holding Penalty and Interest

Penalty of $25.00 plus 5% of the tax due on the return is imposed for late payment and 5% of the tax due before any payments or credits for late filing. Penalties accrues monthly, or a fraction thereof, not to exceed $25.00 plus 25% of the tax due before payments or credits. Interest accrues at the rate of 1% per month, or fraction thereof, until payment is received. This is in addition to any other applicable penalties.


You can avoid these penalties by E-Filing your 1099 & W-2 or Form 8809 using ExpressTaxFilings by the March 31 deadline. ExpressTaxFilings is a tax E-File software that helps you file and furnish 1099 Forms including 1099-MISC, 1099-INT and 1099-DIV Forms to your recipients all in one place.



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Resources



State Resources

Georgia Department of Revenue:

https://etax.dor.ga.gov/

Georgia Withholding Tax:

https://etax.dor.ga.gov/BusinessTaxes/Withholding_Tax_TSD.aspx

Georgia Withholding Income Statement Transmittal:

Form G1003

Form G-7 Withholding Quarterly Return:

Form G-7

Employer’s Tax Guide:

https://etax.dor.ga.gov/taxguide/2013_Employers_tax_guide_02112013.pdf

Claim for Refund of Georgia Income Tax Erroneously 

Form IT-550


Help Videos

IRS Information Returns

An information return is a tax document businesses are required to file to report certain business transactions to the IRS. Some of the most common types of Information Returns include:

  • 1099-MISC
  • 1099-DIV
  • 1099-INT
  • W-2

How to E-File a Form 1099?

After logging in, you will be brought to the dashboard. On the Dashboard, you can select which 1099 Form you need to file.


The Form itself is fairly straightforward. All you need to do is enter a Payer, a Recipient, & Generate an Account Number.


After a return is created, the payer & recipient will be saved within your account, so that in the future, you can use this information with just a click.





Express Tax Filings

ExpressTaxFilings is a tax E-File software that helps you file and furnish 1099 Forms including 1099-DIV, 1099-MISC, 1099-INT and W-2 Forms to your recipients all in one place. Our IRS authorized E-File system allows you to file your forms quickly and easily. We are a secured web based service so your 1099 forms and W-2 forms will be available to you at any time from any location. As experienced tax professionals within the industry you can rest assured your Form 1099-DIV and other forms will be E-Filed quickly and simply.


ExpressTaxFilings is a part of the ExpressTaxZone line of IRS Authorized products which also includes Express Extension for E-Filing of Form 7004, Form 4868, Form 8868, ExpressTruckTax for E-Filing of Form 2290, Form 2290 Amendments, Form 8849, Schedule 6 and ExpressIFTA for state IFTA report generation. With Express TaxFilings you can E-File Form 1099-DIV, Form 1099-MISC, Form 1099-INT and Form W-2.



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