Taxes
Korean tax guides made simple
Taxes
12 posts
Find Unclaimed Tax Refunds — A 5-Minute Self-Check (2026)
They expire after 5 years. Check unclaimed refunds via Hometax, WeTax, and Gov24 in 5 minutes.
Korea Dependent Deduction Explained — Income & Age Rules (2026)
1.5M won each. The 1M-won income and age rules, plus avoiding sibling double-claims — with cases.
Korea EITC & Child Tax Credit 2026 — Eligibility, Amounts, How to Apply
Cash for working households: 1.65M–3.3M won plus up to 1M won per child, filed in May.
Korea VAT Explained 2026 — General vs Simplified, Filing & Refunds
VAT is tax you collect and remit. Simplified (<104M won) vs general, plus the 48M exemption.
Korea Comprehensive Income Tax 2026 — Who Files, Rates, How-To
Freelance, side, or rental income means a May filing. The 2026 bracket table and tax-saving tips.
Korea's Tax Calendar — What's Due in Every Month
This month's deadlines appear automatically. The dates repeat annually, so save it once.
Amended Returns — Reclaiming Missed Deductions Within Five Years
Missed something at year-end settlement? You have five years, and you file it yourself.
Korean Inheritance Tax — Facts, Not Headlines (2026)
The 500M won child deduction and 40% top rate are proposals that never passed. Here's the law in force.
Korea's Automobile Tax Prepayment — Discounts and How to Apply
About 4.6% in January, 2.5% in June, 1.3% in September. And you must reapply every year.
Get Your Korean Year-End Tax Refund — Prep Before December
The settlement is in February, but the result is set before December. Check your card ratio, pension savings and rent early.
How US Tax Brackets Actually Work (2026)
'I'm in the 24% bracket so I pay 24%' — wrong, and the myth costs people money.
US State Taxes 2026: The Truth About 'No Income Tax' States
Nine states have no income tax — but that doesn't mean low taxes. Here's what they charge instead.