Mortgage Interest Deduction in Georgia
State income tax rate
5.19%
Itemized deductions allowed
✅ Yes
State-Level Mortgage Interest Deduction
Georgia has a flat 5.19% income tax and follows federal itemized deductions. Mortgage interest is fully deductible at the state level if you itemize federally.
Combined Federal + Georgia Savings
If you paid $18,000 in mortgage interest last year and itemize on both returns, your combined tax savings would be approximately:
- Federal (22% bracket): $3,960
- Georgia (5.19% rate): $934
- Total estimated savings: $4,894
These are estimates based on a 22% federal bracket. Your actual savings depend on your specific tax situation.