Updated September 4, 2026. Quick answer: Georgia will terminate its recognition of an S election if even one nonresident shareholder fails to sign Form 600 S-CA, and separately taxes S-corps under a net worth tax, up to $5,000 a year, that an LLC taxed as a partnership is explicitly exempt from.
Does this state require its own election
Yes. Georgia recognizes the federal election conditionally: every nonresident shareholder must sign a consent agreeing to pay Georgia tax on their share of the corporation’s Georgia income, filed with the corporation’s first required return.
“In order for the s corporation election to be recognized, nonresident shareholders must execute an agreement (Form 600 S-CA) where the shareholders agree to pay Georgia income tax on their proportionate part of the corporation’s Georgia taxable income or the s corporation election will be terminated.”
Georgia Department of Revenue, S-corporations FAQ
What it costs at the entity level
Georgia’s corporate net worth tax reaches S-corps (Form 600S filers) on the same graduated schedule as C-corps; DOR’s own FAQ states an LLC filing as a partnership owes none of it.
| What Georgia charges | Figure |
|---|---|
| Rate | Graduated table from $0 at net worth of $100,000 or less up to $5,000 at net worth above $22,000,000 |
| Minimum | $0 at the lowest bracket, but a return must still be filed every year |
“Is an LLC who files as a partnership subject to Georgia net worth tax? No. There is no net worth tax on partnerships. Is an LLC who files as a corporation subject to net worth tax in Georgia? Yes.”
Georgia Department of Revenue, Net Worth Tax FAQ
The comparison against a plain LLC
An Arkansas-style consent filing (Georgia’s own version, Form 600 S-CA) is mandatory for any nonresident shareholder, and the entity separately owes a net worth tax, up to $5,000 a year at the top bracket, that a partnership-taxed LLC is named by DOR as exempt from.
What this does not model
This page does not model the net worth tax at every bracket, only the floor and ceiling; a mid-size business should compute its own bracket from DOR’s table before relying on either figure.
No federal tax modelling is repeated here; see the federal S-corp election calculator for the payroll-tax and QBI mechanics this page assumes but does not recompute. No personal Georgia income tax on the pass-through income itself is modelled either.
Sources
Every figure on this page is read from the text quoted above, fetched directly from the state’s own site or code, as read on September 4, 2026.
| What it establishes | Source |
|---|---|
| Whether Georgia requires its own S-corp election | Georgia Department of Revenue, S-corporations FAQ |
| What Georgia charges an S-corp at the entity level | Georgia Department of Revenue, Net Worth Tax FAQ |
General consumer information, not financial, tax or legal advice. State rules are as published by the cited source on September 4, 2026 and change; your own facts govern, and an S-corporation election is a decision to take with a tax professional who has seen your books.