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Depositing and Reporting Withheld Taxes: Georgia

Depositing and Reporting Withheld Taxes requirements for other states

Federal law and guidance on this subject should be reviewed together with this section.

Author: Vicki M. Lambert, The Payroll Advisor

Summary

  • The deposit thresholds and due dates are based on each employer's lookback period. Certain employers must deposit by the next banking day. See Deposit Thresholds and Schedules.
  • Employers that do not deposit electronically must complete the appropriate form. Quarterly reconciliation returns are also required. See Forms.
  • Penalties are imposed for failure to comply with the income tax depositing and filing requirements. See Penalties.
  • Certain employers are required to make deposits by electronic funds transfer (EFT). See Electronic Deposit Requirements.
  • Georgia employers must file an annual reconciliation return along with Forms W-2 by January 31 for the prior year. See Annual Reconciliation Forms and Filing Deadlines.
  • Certain employers must file Forms W-2 electronically, by January 31 for the prior year. If state income taxes are withheld from payments made to independent contractors, a Form 1099 must be provided by January 31. See Information Return Reporting Requirements.