1. WHAT ?
– How to make year-end settlement for those who leave mid-term
For those who quit their job last year, it may feel a bit burdensome to settle the year-end settlement. If you have worked at one job for the past year, you can do it easily if you submit the documents as the company guides you, but it is difficult to do it yourself. However, even mid-term retirees can make year-end tax settlement without difficulty. This is because the National Tax Service system is well established, and there is also a way to file a global income tax return in May. You can do it according to your own situation. It’s not difficult.
2. WHO ?
This applies to those who resigned last year and changed jobs in the same year, and those who resigned and did not find a job.
3. How?
So, let’s take a closer look at the year-end tax settlement method for mid-term retirees. It can be divided into two cases as follows. 중도퇴사자 연말정산
◆ Those who resigned and moved in the same year: Submit the year-end settlement data (income deduction and tax deduction data) and the withholding tax receipt of the former employer to the current workplace. 좋은뉴스
Earned income withholding tax receipt? There seems to be a lot of people asking the question. When leaving the company, if you are considering a job change, you must obtain the issuance in advance. However, there is no need to worry about those who have left the company without receiving the wage and salary withholding tax receipt (slip of payment). Because there is a way.
◆ Those who have left the company and have not found a job: You can file a report during the global income tax return in May. To file a global income tax return, you need the wage and salary income withholding tax receipt and data from the National Tax Service’s year-end tax settlement simplification service. Earned income withholding tax receipt? This will reappear. See below for how to get it. 🙂
※ How to receive the withholding receipt for wage and salary income of the retiree
1. Ask your former employer. If you have a well-established employee management process, it will not be difficult for you to receive it. One of the duties of the year-end settlement department is to provide relevant documents to those who leave mid-term.
2. If it is not possible to make a request to your former employer, you can download it from Hometax in the following way after the former company electronically reported the employee’s payment statement in March of the year following your resignation.
※ How to receive the wage and salary income withholding tax receipt (stipulation of payment of wage and salary income) for mid-term retirement (available in March of the year following the resignation)
How to get wage and salary income withholding tax receipt 1
1. Log in and go to My Hometax.
How to get the wage and salary income withholding tax receipt 2
2. Download it from ‘Submission details such as payment statement’.
◆ Take advantage of the May global income tax period
Early retirement, freelancers, self-employed people, and all other people with undeductible amounts can replace the year-end settlement through the final income tax return in May. You can easily do this through the National Tax Service Hometax, and if you have earned income from last year, you can report it in the following way.
How to file global income tax 1
1. Click ‘Global Income Tax’ in the Report/Payment tab.
How to file global income tax 1
2. You can file an electronic report in the ‘Regular report preparation’ of the wage and salary income tax return.
◆ Items that can be deducted regardless of the items that can be deducted only for the period of service
In principle, year-end settlement is deducted only during the period of service provided. When searching for deduction data, you can search for the following items by dividing the working period.
Items that can be deducted only during the working period
Items that can be deducted regardless of the working period
# To summarize very simply, you must receive a wage and salary income withholding tax receipt when you leave mid-term. The rest can be done at Hometax. I hope that all those who resigned mid-term should take good care of their year-end tax settlement and get a refund. 🙂