Georgia February Net Tax Collections Down 0.1%

press-releases

Published March 10th, 2026

Detected March 17th, 2026

Summary

Georgia's net tax collections for February 2026 decreased by 0.1%, or $2.4 million, compared to February 2025, totaling $2.12 billion. Year-to-date collections increased by 1.6%. The decrease was primarily driven by lower individual and corporate income tax collections, partially offset by increases in sales and use tax.

View original document View source feed page

What changed

The State of Georgia's Department of Revenue has released its February 2026 net tax collection report, indicating a slight overall decrease of 0.1% ($2.4 million) compared to the previous year, bringing total collections to $2.12 billion for the month. This decline is attributed to a significant drop in individual income tax collections (-$41.9 million) and corporate income tax collections (-$17 million), despite an increase in sales and use tax collections (+$44.6 million).

This report serves as an informational notice regarding state revenue performance. While it does not impose new compliance obligations or deadlines, it provides insight into economic trends that may affect businesses operating within Georgia. Compliance officers should note the shifts in income and sales tax revenues as potential indicators of broader economic activity and consumer spending patterns within the state.

Source document (simplified)

The State of Georgia’s net tax collections in the month of February totaled $2.12 billion, for a decrease of $2.4 million, or 0.1%, compared to February 2025, when net tax collections approached $2.13 billion for the month . Year-to-date, net tax revenue collections through eight months totaled roughly $21.88 billion, for an increase of 343.2 million, or 1.6%, compared to FY 2025, when net tax collections totaled $21.53 billion.

The changes within the following tax categories account for February’s overall net tax revenue decrease:

Individual Income Tax: Individual Income Tax collections for the month totaled $967.5 million, for a decrease of $41.9 million, or 4.1%, compared to last year, when net Individual Tax revenue totaled $1.01 billion.

The following notable components within Individual Income Tax combine for the net decrease:

Individual Income Tax refunds issued (net of voided checks) increased by $50.2 million or 12.5%.
Income Tax Withholding payments were up by $10.8 million, or 0.8%, over February 2025.
Individual Income Tax Return payments decreased by $0.6 million, or 1.4%, from FY 2025.
All other Individual Tax categories, including Estimated Tax payments, were down a combined $1.9 million. Sales and Use Tax: Gross Sales and Use Tax collections in February totaled $1.49 billion, for an increase of $42.5 million, or 2.9%, over FY 2025. Net Sales and Use Tax increased by $44.6 million, or 6.5%, compared to last year, when net Sales Tax totaled $682.8 million. The adjusted Sales Tax distribution to local governments totaled $757.5 million for an increase of $5.2 million, or 0.7%, while Sales Tax refunds declined by $7.3 million.

Corporate Income Tax: Corporate Income Tax collections for February decreased by almost $17 million, or 22.8%, compared to FY 2025, when net Corporate Tax revenues totaled $74.4 million for the month.

The following notable components within Corporate Income Tax make up the net decrease:

Corporate Tax refunds issued (net of voided checks) were down $5.8 million or 27.4% from FY 2025.
Corporate Income Tax Return payments declined by $17.8 million, or 53.6%, compared to FY 2025.
All other Corporate Tax payments, including Corporate Estimated payments, were down a combined $5 million. Motor Fuel Taxes: Motor Fuel Tax collections during the month increased by $6.2 million, or 3.5%, from last year when motor fuel tax collections totaled $180.4 million in February of FY 2025.

Motor Vehicle – Tag, Title & Fees: Motor Vehicle Tag & Title Fee collections decreased by nearly $0.5 million, or 1.1%, while Title ad Valorem Tax (TAVT) collections decreased by $2.4 million or 3%.

[email protected]