뉴스코리아

Don't Miss Out on Your Income Tax Refund! Easy Refund Methods

  • Written Language: Korean
  • Country: All Countriescountry-flag
  • Economy

Created: 2024-11-18

Created: 2024-11-18 01:06

Income tax refund available to anyone with freelance income!The National Tax Service (NTS) informs eligible taxpayers every year, but many still miss out on their refunds. This article explains everything about income tax refunds and guides you through a simple process to receive yours.

Why should I receive an income tax refund?

  • Get your taxes back: Overpaid taxes should be returned.
  • Simple procedure: You can easily check and apply through the NTS Hometax website.
  • Help with living expenses: The refunded amount can be used for living expenses or savings.

Who is eligible for an income tax refund?

  • Freelancers subject to the simplified expense rate: Such as door-to-door salespeople, insurance agents, academy instructors, and delivery riders.
  • No other income: You must have no other income besides freelance income.

How do I receive an income tax refund?

Income Tax Refund Inquiry and Application

Income Tax Refund Inquiry and Application

1. Access the NTS Hometax website: Access the website and log in.
2. Select the comprehensive income tax return menu: Go to the 'Fill-in/Simplified Expense Rate Reporting' menu.
3. Check for refunds: Click the 'Comprehensive Income Tax Refund Inquiry' button to check.
4. Apply for a refund: If there is a refund, follow the instructions to apply.

Precautions when receiving an income tax refund

  • Check for additional deductions: Check for additional deductions such as spouse and child deductions and apply if applicable.
  • Enter bank account information accurately: You must accurately enter the bank account information where the refund will be deposited.
  • Apply within the deadline: There is a refund deadline, so you must apply within the deadline.

Frequently Asked Questions (FAQ) about Income Tax Refunds

  • When can I receive the refund? It will be deposited into your account within the following month after application.
  • Can I apply using a smartphone? Yes, you can apply through the NTS Hometax app.
  • How much refund will I get? It varies depending on individual income and deduction items, so please check directly.
  • Can I get help if I have trouble applying? You can contact a tax accountant or the NTS call center.

Don't miss out on your income tax refund!

Access the NTS Hometax website now to check your eligibility for an income tax refund and exercise your right to a refund!

Comments0