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Freelancers’ Self-Filing Guide for Comprehensive Income Tax: How to Get a Refund and Pay Less—These Are Things You Absolutely Must Know!!

Comprehensive Income Tax Self-Filing Navigation User Guide for Freelancers

(5.0) 2 reviews

11 learners

Level Beginner

Course period 12 months

    Taxation Business
    Taxation Business
    Accounting
    Accounting
    Financial Management
    Financial Management
    Financial Technology
    Financial Technology
    Online Class
    Online Class
    Taxation Business
    Taxation Business
    Accounting
    Accounting
    Financial Management
    Financial Management
    Financial Technology
    Financial Technology
    Online Class
    Online Class

    What you will gain after the course

    • You’ll learn why it’s advantageous for freelancers to file a comprehensive income tax return.

    • You’ll learn the entire process, from withholding tax on freelance income to filing your tax return and receiving a refund.

    • In my case, I understand how I should file my comprehensive income tax return.

    • You can determine the meanings of taxpayers required to use double-entry bookkeeping, taxpayers eligible for simplified bookkeeping, the simplified expense rate, and the standard expense rate, as well as whether they apply.

    • You will learn how business income earners, such as insurance planners, report their year-end tax settlement.

    • You will learn how to look up the necessary documents on the National Tax Service’s Hometax and file your comprehensive income tax return yourself.


    Are you currently working as a freelancer?

    Do you properly file your tax return—in other words, your comprehensive income tax return—every year?

    Is it because tax-related matters are somewhat difficult and such a headache that you haven’t been doing it?

    Have you never filed a tax return before and assumed that there haven’t been any problems?

    And do you think, “What could possibly go wrong?” and that you can continue not filing in the future?

    Around May every year, when the notice to file your final comprehensive income tax return arrives, do you feel a little apprehensive, yet quietly set it aside, just as you have done until now?


    If you only file your comprehensive income tax return

    Did you know that you can get a refund for taxes you have already paid?




    Freelancers receive their business income after a 3.3% business income tax is withheld.

    For example, you have already paid 330,000 won in income tax on 10 million won of income. This is called “tax paid in advance,” or 'tax already paid'. If you can get this tax paid in advance refunded, it would be a wonderful feeling. It would feel like getting some extra pocket money for free, wouldn’t it?

    There is something you must do to happily receive this tax refund.

    You simply need to file your comprehensive income tax return.


    Of course, depending on the amount of income, there are cases where you have to pay additional taxes instead of getting a refund of the taxes you already paid. There’s no need to be too upset about paying more taxes. You’re paying more because you earned more than others.

    Even if you have to pay additional taxes, you must file an annual comprehensive income tax return.

    If you owe additional taxes but do not file your comprehensive income tax return, you will be charged both an “underreporting penalty” and a “nonpayment penalty.” The underreporting penalty is 20% of the additional tax owed, which is a considerable amount.



    I want to file my comprehensive income tax return, but I have no idea where to start.......

    However, even if you’ve made up your mind to file your comprehensive income tax return, you may have found yourself feeling overwhelmed and unsure where to start.


    Freelancers who have never filed a tax return before

    Freelancers who have now decided to file their tax returns


    Before long, you’ll find yourself filing your comprehensive income tax return on your own!!

    How?? Why??

    Because we’ve been learning and sharing our thoughts together here~





    Recommended for
    these people

    Who is this course right for?

    • A freelancer who doesn’t know why they need to file a comprehensive income tax return

    • A freelancer new to freelancing who chose self-employment after working at a company

    • A freelancer who has never filed a comprehensive income tax return.

    • A freelancer planning to file their comprehensive income tax return themselves

    • A freelancer whose income has increased dramatically compared to the previous year

    • Year-end tax settlement for business-income freelancers – insurance agents, beverage delivery workers, and door-to-door salespeople

    Curriculum

    All

    8 lectures ∙ (2hr 17min)

    Published: 
    Last updated: 

    Reviews

    All

    2 reviews

    5.0

    2 reviews

    • jxminh님의 프로필 이미지
      jxminh

      Reviews 31

      ∙

      Average Rating 4.9

      5

      38% enrolled

      It feels like a required class. Thanks!

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