Miami, FL asked in Tax Law for Georgia

Q: So, 48-5-42.1 (Georgia) mean that we do not have to file the return, if value is $7500 or less, or still have to file?

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1 Lawyer Answer
John S LaRose
John S LaRose
  • Licensed in Georgia

A: The code section you cite has nothing to do with the requirement to file a personal income tax return. O.C.G.A. § 5-42.1 refers to ad valorem tax on personal property (other than motor vehicles, trailers and mobile homes). The relevant code section for income tax is O.C.G.A. § 48-7-50, which says that any GA resident who is required to file a federal tax return must file a Georgia income tax return, but you may also be required to file a GA return even if you don't have to file a federal return. See O.C.G.A. § 48-7-50(a)(5).

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