---
title: O.C.G.A. § 48-7-27.1. Tax credits for taxpayers electing certain itemized nonbusiness deductions.
collection: code
id: 48-7-27.1
cite_as: O.C.G.A. § 48-7-27.1 (2025)
canonical_url: https://georgiacommons.org/code/48-7-27.1
md_url: https://georgiacommons.org/code/48-7-27.1.md
text_url: https://georgiacommons.org/code/48-7-27.1/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t48-ch7-8-(v37)-2024-pdf.pdf?sfvrsn=1ff964a3_0#page=112
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/48-7.md
previous: https://georgiacommons.org/code/48-7-27.md
next: https://georgiacommons.org/code/48-7-28.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: REVENUE AND TAXATION / INCOME TAXES / IMPOSITION, RATE, COMPUTATION, EXEMPTIONS, AND CREDITS
---

# O.C.G.A. § 48-7-27.1. Tax credits for taxpayers electing certain itemized nonbusiness deductions.

(a) As used in this Code section, the term “eligible itemizer” means any resident taxpayer who files an individual income tax return for a taxable year and makes the election under subparagraph (a)(1)(A) of Code Section 48-7-27 to deduct the itemized nonbusiness deductions used in computing such taxpayer’s federal taxable income.

(b) For taxable years beginning on or after January 1, 2024, each eligible itemizer shall be entitled to a credit in the amount of $300.00 per taxpayer against the tax imposed by Code Section 48-7-20.

(c) The tax credit claimed allowed by this Code section shall be deducted from such taxpayer’s individual income tax liability, if any, for the tax year in which it is properly claimed; provided, however, that in no event shall:

(1) The total amount of the tax credit under this Code section for a taxable year exceed such taxpayer’s income tax liability; or

(2) Such credit amount be allowed to be carried forward to the taxpayer’s succeeding years’ tax liability or applied against prior years’ tax liability.

## History

Code 1981, § 48-7-27.1, enacted by Ga. L. 2023, p. 335, § 2-5/SB 56, effective January 1, 2024.

## Editor's Notes

Ga. L. 2023, p. 335, § 4-1(a)/SB 56, not codified by the General Assembly, provides, in part, that the amendment of this Code section by that Act shall be effective on January 1, 2024, and shall be applicable to all taxable years beginning on or after January 1, 2024.

Ga. L. 2023, p. 335, § 4-1(b)/SB 56, not codified by the General Assembly, provides: “Tax, penalty, and interest liabilities and refund eligibility for prior taxable years shall not be affected by the passage of this Act and shall continue to be governed by the provisions of Title 48 of the Official Code of Georgia Annotated as they existed for such prior taxable years.”

## Effective Date

This Code section became effective January 1, 2024. See Editor’s notes for applicability.