Georgia January Net Tax Collections Decrease

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Published February 19th, 2026

Detected March 17th, 2026

Summary

The State of Georgia reported that net tax collections for January 2026 decreased by 0.6% to $3.03 billion, a drop of $18.1 million compared to January 2025. This decrease was primarily driven by lower individual income tax and corporate income tax collections, partially offset by an increase in sales and use tax revenue.

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What changed

The State of Georgia's Department of Revenue has released its January 2026 net tax collection figures, indicating a 0.6% decrease to $3.03 billion compared to the previous year. This decline of $18.1 million is attributed to a 1.7% decrease in individual income tax collections ($27.4 million) and a significant 23.7% decrease in corporate income tax collections ($38.1 million). These decreases were partially offset by a 4% increase in net sales and use tax collections ($36.3 million).

This notice serves as an informational update on state revenue performance. While the document details specific tax category changes, it does not impose new obligations or deadlines on regulated entities. Compliance officers should note the trends in income and sales tax collections as potential indicators of economic activity within the state. No specific actions are required based on this release.

Source document (simplified)

The State of Georgia’s net tax collections in the month of January totaled $3.03 billion, for a decrease of $18.1 million, or 0.6%, compared to January 2025, when net tax collections totaled $3.05 billion for the month . Year-to-date, net tax revenue collections through seven months totaled roughly $19.75 billion, for an increase of 345.6 million, or 1.8%, compared to FY 2025, when net tax collections totaled almost $19.41 billion.

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

Individual Income Tax: Individual Income Tax collections in January totaled nearly $1.57 billion, down from a total of roughly $1.59 billion in fiscal year 2025, for a decrease of $27.4 million, or 1.7%.

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

Individual Income Tax refunds issued (net of voided checks) increased by $25 million or 44.1%
Income Tax Withholding payments decreased by $59.1 million, or 4.4%, compared to last year
Individual Income Tax Estimated payments increased by $37.9 million, or 18.4%, over January 2025
All other Individual Tax categories, including Tax Return payments, were up a combined $18.8 million Sales and Use Tax: Gross Sales and Use Tax collections in January approached $1.93 billion, for an increase of $79.1 million, or 4.3%, over FY 2025. Net Sales and Use Tax increased by $36.3 million, or 4%, compared to last year, when net Sales Tax totaled $910.4 million. The adjusted Sales Tax distribution to local governments totaled $952.2 million, for an increase of $21.8 million. Sales Tax refunds increased by $21 million, or 348.2%.

Corporate Income Tax: Corporate Income Tax collections for the month totaled $122.8 million, which was a decrease of $38.1 million, or 23.7%, from last year, when net Corporate Tax revenues totaled $160.9 million.

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

Corporate Income Tax refunds issued (net of voided checks) were up $1.5 million or 4.1%
Corporate Income Tax Estimated payments decreased by $27.5 million, or 26.7%, from last year
Corporate Income Tax Return payments decreased by $10 million, or 24.1%, from January 2025
All other Corporate Tax payments, including S-Corporation payments, were up a combined $0.9 million Motor Fuel Taxes: Motor Fuel Tax collections during the month increased by $0.3 million, or 0.2%, compared to last year, when motor fuel tax collections totaled $193.6 million in January FY 2025.

Motor Vehicle – Tag, Title & Fees: Motor Vehicle Tag & Title Fee collections for the month decreased by $3.8 million, or 10.8%, while Title ad Valorem Tax (TAVT) collections increased by $0.2 million, or 0.3%.

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