자리톡 월세환급 신청Currently, the monthly rent market is increasing due to concerns about jeonse fraud. Accordingly, let’s find out how to receive a refund of monthly rent by utilizing the monthly rent refund system.
The monthly rent refund system refers to a system in which a portion of the monthly rent paid during the year is deducted.
There are two methods: tax deduction and income deduction.
Method: Deduct a portion from the calculated tax amount
Applicants: Non-householding householders with a total salary of KRW 70 million or less (exclusive area of 85 m2 or less, houses of KRW 400 million or less), tenants or families with no income
Deduction amount: 15~17% deduction (maximum 7.5 million won)
Method: Deduction of tax base by partial deduction of income
Eligibility for application: Non-homeowner householders or household members with a total salary of 70 million won or less or workers with a comprehensive income of 60 million won or less
Deduction amount: Varies depending on total income (maximum 3 million won deduction)
You can apply for a monthly rent refund through tax deduction or income deduction method non-face-to-face at Hometax.
The monthly rent tax credit is a system that deducts from taxes the monthly rent paid during one year.
For example, if a homeless person with a total salary of 30 million won pays 600,000 won per month in monthly rent, or 7.2 million won for one year, a total tax amount of 1.224 million won can be deducted.
1. Non-household head of household or household member with total salary of 70 million won or less or worker with comprehensive income of 60 million won or less
2. The size of the residential house is 85㎡ or less and the standard price is 400 million won or less.
3. The address on the rental agreement and resident registration address must be the same, and the move-in report has been completed.
4. The annual maximum monthly rent tax deduction is 7.5 million won.
ID card. You can prepare a copy of the rental agreement and proof of monthly rent payment and apply in person at the tax office or apply non-face-to-face through the National Tax Service’s Home Tax Service.
Below is how to apply for home tax.
1. After accessing Hometax, proceed with simple authentication login.
2. After logging in, click Report/Pay and select Comprehensive Income Tax during tax reporting.
3. After clicking Earned Income Report, select Request for Correction on the right, enter the necessary information in the income deduction and tax credit form, and then move on.
4. Apply after calculating tax deduction
Income deduction is a system that reduces the standard taxable amount by deducting monthly rent expenses from total income.
If you receive a monthly rent cash receipt and submit it to the company at year-end tax settlement, you can receive an income deduction.
1. After accessing Home Tax, apply in the order of consultation/report ▷ Cash receipt complaint ▷ Housing rent (monthly rent)
※ Monthly rent tax credit and income deduction cannot be received simultaneously, so you must choose one that suits your situation. If you can choose only one of the two methods, the tax credit is more advantageous.
An app has also appeared that allows tenants to conveniently receive monthly rent refunds.
The landlord’s contact information is requested during the service sign-up process, but this is not for the purpose of receiving a refund, so you can apply without any burden.
1. Search for JariTalk in the Naver search bar.
2. Select a Zari Talk tenant and press Monthly Rent Refund and Start Zari Talk.
3. Enter the deposit and monthly rent and the estimated refund amount will be automatically calculated.
※ To prevent personal information leakage, it is recommended to ask the landlord for permission and send your contact information.
If you do not know that there is a monthly rent refund system or do not know the proper procedure, you can receive a refund up to 5 years ago through a request for correction.
For example, if you were unable to apply for a refund in 2022, you can receive it through a rectification request until May 2027.
1. National Tax Service Hometax ▷ Report/Payment ▷ Comprehensive income tax ▷ Earned income report ▷ Rectification request
You can save valuable money by utilizing the monthly rent refund system.
Anyone can easily receive a refund for monthly rent by using Hometax or ZariTalk to efficiently handle cumbersome procedures.
In difficult economic times, it is important to take advantage of these benefits to save valuable money.
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