Georgia brokerage account growth calculator

What a taxable index-fund account is actually worth after expense-ratio drag and after Georgia takes its share of the gain — which, in most states, is not at the federal preferential rate.

Georgia taxes your gains as ordinary income

There is no state equivalent of the federal preferential rate here — a long-term gain is charged at Georgia's normal income brackets, exactly like wages. This is the common case, and it surprises people who assume the federal 15% carries over. Taxed as ordinary income at the flat 4.99% rate, with no preferential rate, no exclusion and no separate schedule. Confirmed structurally rather than by a statement: Georgia starts from federal adjusted gross income at Form 500 Line 8 and applies a single multiplication at Line 16 -- for 2025 'Tax (Multiply Line 15c by 5.19%)', for 2026 the same line at 4.99% -- and nothing in Form 500 or the IT-511 creates a capital-gains rate or subtraction. Capital gains appear in Georgia's return only as one category of UNEARNED income inside the retirement income exclusion worksheet, which is an age-gated exclusion available to those 62 and older, not a capital-gains preference. A 45-year-old Georgian pays the full flat rate on a long-term gain.