What type of credits are available on my Georgia return?

Listed below are credits that are available on your Georgia tax return:

Low Emission Credit 

Only carry-over credit amount from a previous year can be claimed.

Qualified Caregiving Credit

Nonrefundable credit that cannot exceed $150. For more information, click here.

Qualified Education Expense Credit

Credit limits per year are:

• $1,000 for Single or Head of Household filers (may not exceed tax liability)
• $2,500 for Married filing joint return
• $1,250 for Married filing separate return

For more information about this credit, click here. 

Disaster Assistance Credit

The amount of the credit is the lesser of $500 or the amount of assistance received

Rural Physicians Credit 

Rural Physicians may qualify for a $5,000 tax credit on their return.

• The credit cannot be claimed for more than five tax years.
• The credit cannot be carried forward or backward.
• The credit cannot exceed the taxpayer's liability.

The physician must meet the following conditions to qualify:

• Start working in a rural county after July 1, 1995
• Must practice and reside in a rural county; See www.dor.georgia.gov for a list of rural counties
• Must be licensed to practice in Georgia, primarily admit patients to a rural hospital, practice medicine in the following fields: Family practice, obstetrics, gynecology, pediatrics, internal medicine, or general surgery.

Adoption of a Foster Child 

The amount of the Adoption of a Foster Child Credit is $2,000 per qualifying adopted child. The credit commences in the the year in which the adoption becomes final, and ends when the adopted child turns 18.

Eligible Single Family Residence Tax Credit

Taxpayers that purchased an eligible single family residence located in Georgia in 2009 may qualify to carry forward the unused portion of the credit (if any) to the current return. The credit must have been claimed in 2009 to claim the carry forward credit.

The credit is allowed for a purchase of one eligible residence between June 1, 2009 and November 30, 2009. The credit amount is 1.2% of the purchase or $1,800 - whichever is less. The amount of the credit that may be claimed and allowed in a single tax year is the lesser of 1/3 of the credit or the taxpayer's income tax liability amount. Unused credits can be carried forward.

To enter these credits on your Georgia return, follow the steps below:

1. State Section
2. Credits
3. Credits from IND-CR

For more information regarding these credits, please review Georgia instructions, here.