Georgia Job Tax Credits
$4,000 Georgia Job Tax Credit for 2022 Available for Eligible Athens-Clarke County Businesses
Any business located within Athens-Clarke County that created at least two new net full-time jobs in the past tax year may be eligible for a $4,000 per job tax credit through the Georgia Job Tax Credit Program.
The credit can be taken for five years beginning with tax year 2022 when they were created and for the four immediately succeeding taxable years.
The jobs must be newly created within this 2022 tax year, require a minimum of 35 hours worked per week, offer health insurance upon employment, and pay an average wage of at least $602/week or $31,304/year.
To claim the credit, complete the IT-CA 2012 Georgia Job Tax Credit Form and attach it to the Georgia Income Tax Return for your business when you submit it to the state.
Note that Athens-Clarke County was classified as a Tier 1 county ($3,500 tax credit) for 2022 and
participates in a Joint Development Authority (JDA - $500 bonus tax credit), so the available tax credit is $4,000 per eligible job created.
Job Tax Credit Tier Status Change for Athens Clarke County for 2023
Annual changes in an area’s designation could have an impact on the incentives available to businesses locating or expanding in that particular community. Athens-Clarke County has been reranked from #31 (Tier 1; Bottom 40 county) to #72, and is now in Tier 2.
Businesses currently planning job creation in Athens-Clarke County are eligible to preserve 2022 JTC benefits by filing a Notice of Intent (NOI) prior to the March 31, 2023 deadline. NOIs are filed directly with DCA to prevent adverse effects to a business based on changes in county tier rankings or reranking out of the Bottom 40 counties. Changes for 2023 are largely due to the fact that the 2020 Census data was made available through the information used for the current year rankings. Any company seeking to utilize the currently available 2022 eligibility and benefits may use the NOI process to secure these benefits for the next three years (2023, 2024, and 2025).
You can access the NOI Form here. For questions regarding the JTC, please contact Kristen Miller at kmiller@georgia.org or 678.303.8439. Completed NOIs must be postmarked by March 31, 2023 and mailed to DCA at: Georgia Dept. of Community Affairs Attn: Tricia DePadro, 60 Executive Park South, NE, Atlanta, GA 30329. Completed NOIs may also be emailed by March 31, 2023 to: oed@dca.ga.gov.