Questions tagged [georgia]
Use this tag for questions related to rules and experiences specific to the State of Georgia in the United States.
16
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How were these values calculated for Federal and State Income tax on my pay stub?
My pay stub says:
Gross Pay $5,833.96
Federal Income Tax $681.00. <== ?
Employee Social Security $361.71
Employee Medicare $84.59
GA State Income Tax $295.20. ...
2
votes
1
answer
62
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Do post-year contributions to solo 401ks determine in which year the income is taxed?
I am an independent contractor with my own single-member LLC. I completed a lump-sum work contract in late 2021, invoiced the client at that time, but was not paid until January of 2022. I have a solo ...
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1
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101
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How soon can I use 529 for paying college
I enrolled into college. I'm thinking to enroll into 529 plan to pay my college fees for the coming semester. This is with an intent that I will be able to save tax on the money used for tuition.
Is ...
1
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1
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113
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Does Georgia (USA) tax unemployment income, dividends, and capital gains that was earned during months where the taxpayer was in a different state?
I'm doing my 2020 taxes in tax software on which I purchased the state return for CA and GA. I moved to CA from GA in mid-Jan 2020. During the year of 2020, I earned employment income, unemployment ...
3
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0
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75
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Capital gains tax in Georgia
I have a property in Atlanta, Georgia that I am about to sell. I used to live in this house for 5 years until I moved out of state last year. Because this was my principal residence for more than 2 of ...
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0
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115
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Employee benefits not signed up by hr
I enrolled in life insurance for myself and my husband on hire and open enrollment. He now has passed away. The life insurance company said hr never enrolled him. So no policy. Do I have any recourse?
...
2
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1
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107
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Can I qualify for ACA subdisies if I don't have current employment income, but have interest/dividend income, other income and capital gains?
My understanding is that individuals with income < FPL don't qualify for ACA subsidies. I have made around 10-15k this year from a previous job, but currently don't have a job (by choice, but I ...
0
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1
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178
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Lump sum payment for balance on loan on totaled car
It is my understanding from auto insurance company (State Farm- in Georgia) that we will be responsible for a lump sum payment on difference between estimated value of vehicle and loan value(totaled ...
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1
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634
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Can landlord/property change unit after approval and payment of fees?
My boyfriend and I are currently in the process of moving across the country, about 650 miles. On September 2nd we visited a property in the area we will be moving to and we really liked it. After ...
4
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2
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5k
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How do I recover income tax withheld to wrong state (where my home state has no income tax)
I had been working as a contract to hire, working for Company A, employed by Company B. I was then directly hired by Company A, all within a tax year.
Shortly after the transition, it was found that ...
2
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1
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766
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What taxes are involved for LLC in Georgia?
My life partner* and I just started an LLC in Georgia this month (Mar 2017), and we're trying to figure out what kind of taxes we need to pay and when (and how that changes if we ask the IRS to tax it ...
3
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7k
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Moving out of state, and car is under parents' names
So I'm currently living in New York, but will be relocating to Atlanta next month for a job. I will be taking the car my parents bought me; it is titled under their names, as is the insurance. What I ...
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5k
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Using my deed as collateral to buy another house
Will a bank give me a loan if I put up a deed on my property and I know they won't give me a loan with just my credit?
19
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4
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71k
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Only my husband's name is on the car title. How can I protect my ownership in case of divorce or death?
My husband bought a car. Only his name is on the title because my credit is not good, but his is very good. But I am going to pay the car loan and the insurance.
I would like to know if it's ...
3
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1
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967
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Is my car overinsured if my net worth is high enough?
My net worth is approx. 200k (distributed in checking for emergency, bonds indices for bigger emergency, and stocks for retirement) and I make between 15k-35k per year (it varies). I've been accident-...
2
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1
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141
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Can my contribution to 529 plan vary monthly?
I want to start a 529 plan for my son. I am not sure if monthly contribution has to be fixed or I can increase/reduce my contribution as per my financial situation.
E.g. if I lose my job I may decide ...