Georgia also allows taxpayers to exclude up to a maximum amount of retirement income from their Georgia adjusted gross income. For 2015, those who are 65 or older can exclude up to $65,000 of certain types of income, while those between 62 and 64 or who are permanently disabled can exclude up to $35,000.
Once you know your adjusted gross income, you then have to make allowances for personal exemptions and other deductions. These amounts differ from their federal counterparts. In 2015, married couples are allowed personal exemptions of $3,700 each, while single filers can claim a $2,700 exemption amount. An additional $3,000 is allowed for each dependent in the household.