From b3afcd748fabcc8307d7f87141ae051aed897dc1 Mon Sep 17 00:00:00 2001 From: vrathi101 <72925608+vrathi101@users.noreply.github.com> Date: Tue, 5 Nov 2024 02:57:51 +0000 Subject: [PATCH] Georgia Income Tax Rate 2024 --- changelog_entry.yaml | 4 ++++ .../gov/states/ga/tax/income/main/head_of_household.yaml | 4 +++- .../parameters/gov/states/ga/tax/income/main/joint.yaml | 4 +++- .../parameters/gov/states/ga/tax/income/main/separate.yaml | 4 +++- .../parameters/gov/states/ga/tax/income/main/single.yaml | 4 +++- .../gov/states/ga/tax/income/main/surviving_spouse.yaml | 4 +++- 6 files changed, 19 insertions(+), 5 deletions(-) diff --git a/changelog_entry.yaml b/changelog_entry.yaml index e69de29bb2d..2e5aa2eefb4 100644 --- a/changelog_entry.yaml +++ b/changelog_entry.yaml @@ -0,0 +1,4 @@ +- bump: minor + changes: + added: + - Georgia 2024 income tax rate update. diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/head_of_household.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/head_of_household.yaml index 4d5b1aa529b..680dc5be4a8 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/head_of_household.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/head_of_household.yaml @@ -11,13 +11,15 @@ metadata: # Georgia transitioned to a flat tax rate, starting in 2024 - title: Official Code of Georgia Annotated | CH17 Income Taxes | O.C.G.A. § 48-7-20 (2)(C) href: https://law.justia.com/codes/georgia/2022/title-48/chapter-7/article-2/section-48-7-20-d-1/ + - title: House Bill 1015 (AS PASSED HOUSE AND SENATE), SECTION 1. (a.1)(1) + href: https://www.legis.ga.gov/legislation/66260 brackets: - threshold: 2022-01-01: 0 rate: 2022-01-01: 0.01 - 2024-01-01: 0.0549 + 2024-01-01: 0.0539 2025-01-01: 0.0539 2026-01-01: 0.0529 2027-01-01: 0.0519 diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/joint.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/joint.yaml index f46e2a24783..2f039c124d1 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/joint.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/joint.yaml @@ -11,13 +11,15 @@ metadata: # Georgia transitioned to a flat tax rate, starting in 2024 - title: Official Code of Georgia Annotated | CH17 Income Taxes | O.C.G.A. § 48-7-20 (2)(C) href: https://law.justia.com/codes/georgia/2022/title-48/chapter-7/article-2/section-48-7-20-d-1/ + - title: House Bill 1015 (AS PASSED HOUSE AND SENATE), SECTION 1. (a.1)(1) + href: https://www.legis.ga.gov/legislation/66260 brackets: - threshold: 2022-01-01: 0 rate: 2022-01-01: 0.01 - 2024-01-01: 0.0549 + 2024-01-01: 0.0539 2025-01-01: 0.0539 2026-01-01: 0.0529 2027-01-01: 0.0519 diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/separate.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/separate.yaml index 1c3240f6433..03ebd6c82cf 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/separate.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/separate.yaml @@ -10,12 +10,14 @@ metadata: # Georgia transitioned to a flat tax rate, starting in 2024 - title: Official Code of Georgia Annotated | CH17 Income Taxes | O.C.G.A. § 48-7-20 (2)(C) href: https://law.justia.com/codes/georgia/2022/title-48/chapter-7/article-2/section-48-7-20-d-1/ + - title: House Bill 1015 (AS PASSED HOUSE AND SENATE), SECTION 1. (a.1)(1) + href: https://www.legis.ga.gov/legislation/66260 brackets: - threshold: 2022-01-01: 0 rate: 2022-01-01: 0.01 - 2024-01-01: 0.0549 + 2024-01-01: 0.0539 2025-01-01: 0.0539 2026-01-01: 0.0529 2027-01-01: 0.0519 diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/single.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/single.yaml index 4ce5a33ab51..b5dfaeab7e2 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/single.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/single.yaml @@ -10,13 +10,15 @@ metadata: # Georgia transitioned to a flat tax rate, starting in 2024 - title: Official Code of Georgia Annotated | CH17 Income Taxes | O.C.G.A. § 48-7-20 (2)(C) href: https://law.justia.com/codes/georgia/2022/title-48/chapter-7/article-2/section-48-7-20-d-1/ + - title: House Bill 1015 (AS PASSED HOUSE AND SENATE), SECTION 1. (a.1)(1) + href: https://www.legis.ga.gov/legislation/66260 brackets: - threshold: 2022-01-01: 0 rate: 2022-01-01: 0.01 - 2024-01-01: 0.0549 + 2024-01-01: 0.0539 2025-01-01: 0.0539 2026-01-01: 0.0529 2027-01-01: 0.0519 diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/surviving_spouse.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/surviving_spouse.yaml index b1e6b0ca73a..52435f86063 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/surviving_spouse.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/surviving_spouse.yaml @@ -11,13 +11,15 @@ metadata: # Georgia transitioned to a flat tax rate, starting in 2024 - title: Official Code of Georgia Annotated | CH17 Income Taxes | O.C.G.A. § 48-7-20 (2)(C) href: https://law.justia.com/codes/georgia/2022/title-48/chapter-7/article-2/section-48-7-20-d-1/ + - title: House Bill 1015 (AS PASSED HOUSE AND SENATE), SECTION 1. (a.1)(1) + href: https://www.legis.ga.gov/legislation/66260 brackets: - threshold: 2022-01-01: 0 rate: 2022-01-01: 0.01 - 2024-01-01: 0.0549 + 2024-01-01: 0.0539 2025-01-01: 0.0539 2026-01-01: 0.0529 2027-01-01: 0.0519