Georgia 2011: Retirement Income Exclusion
Updated: 2/21/2013
Article ID: SLN59170
Taxpayers who are either age 62 or older or disabled may avoid paying state tax on a portion of their income, when certain conditions are met.
Certain customers, who were age 62 or older or disabled, and reported gambling winnings, may have filed an incorrect Georgia tax return.
TurboTax has fixed this issue.
How to tell if you may be impacted
You may be affected if ALL of the following are true:
- You filed a 2011 Georgia Income Tax Return prior to February 11, 2012 AND
- You and/or your spouse were age 62 or older OR disabled during 2011 AND
- You reported gambling winnings on federal Form 1040, Line 21 AND
- You had an amount on Form 500 (Individual Income Tax Return , Page 4, Line 6a or 6b – Retirement Income Exclusion
If you are affected, you may have underpaid your Georgia tax. You will need to amend your Georgia tax return.
You can make the corrections yourself.
- To do it yourself, please follow these step-by-step instructions.
- After you make the changes to your tax return, you will need to mail a copy of your amended state return.
- Your printed return will include instructions on how and where to mail it.
- If you need assistance, call us at the phone number in the email.
Or let us do the work for you.
- Please download and print this Authorization Form.
- Complete the form and fax it to us at the number printed at the top of the form.
- A TurboTax representative will contact you (within 15 days) when your corrected return is ready to be securely emailed back to you.
- You can print, sign, and mail the corrected return to the state taxing authority.
If you need to contact us, please use the phone number in the email from TurboTax and tell the representative you’re calling about the Georgia 2011: Retirement Exclusion.
