The "Income Tax Calculator" was created based on the simple waged income tax amount revised in February 2021.
The calculation results of this program are for reference only and may differ from the actual tax collected.
-Monthly salary is the amount excluding non-taxable income.
-"Number of dependents (including the person)" is the number of dependents who are eligible for basic deduction, including the person.
-"Number of children under the age of 20" is the number of children aged 7 to 20 who are eligible for the basic deduction.
-If the annual income exceeds 1 million won, it is excluded from the basic deduction.
Children aged 7 to 20 years old are excluded from the number of children if their annual income exceeds 1 million won.
* Workers can select the withholding tax amount from 80%, 100%, and 120% of the tax amount according to the income tax amount table.
(You must submit the'Income Tax Withholding Tax Adjustment Application' to the withholding agent.)
The calculation results of this program are for reference only and may differ from the actual tax collected.
-Monthly salary is the amount excluding non-taxable income.
-"Number of dependents (including the person)" is the number of dependents who are eligible for basic deduction, including the person.
-"Number of children under the age of 20" is the number of children aged 7 to 20 who are eligible for the basic deduction.
-If the annual income exceeds 1 million won, it is excluded from the basic deduction.
Children aged 7 to 20 years old are excluded from the number of children if their annual income exceeds 1 million won.
* Workers can select the withholding tax amount from 80%, 100%, and 120% of the tax amount according to the income tax amount table.
(You must submit the'Income Tax Withholding Tax Adjustment Application' to the withholding agent.)
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