As December approaches and the year-end settlement season begins, many people seem to want to know in advance how to collect more refunds and how much money I will get back.So this time, I’d like to inform you of both, but first of all, I’ll briefly talk about how to inquire about the year-end tax adjustment refund.
year-end settlement refund inquiry method
use of IRS home tax
In fact, I can tell you that there is nothing difficult about the year-end tax adjustment refund inquiry method.This is because if you enter the IRS HomeTax, you will see all the functions.Enter the site, click “Inquiry/Issuing” among the menus above, and click “Preview of Year-end Settlement” on the year-end settlement tab to proceed.
However, if you do that, you have to get some information or fill it out in order to actually see the amount you’re going to get.This may be a little inconvenient, but it’s not as difficult as I thought, so anyone can easily use the year-end tax refund inquiry method.
Year-end tax adjustment refund available time
Basically, from October at the end of the year, the service will be open for pre-question.It’s already November, so if you want, you should be able to get a rough estimate of your refund.
How to get a lot of year-end tax refunds.
previous story
Last time, I explained the details related to the year-end tax adjustment refund.At that time, I told you how to allocate credit cards, debit cards, and cash receipts.
2022.11.04 – [Various information] – How to get a lot of refunds for year-end tax adjustments. Start now.
How to get a lot of refunds for year-end tax adjustments. Start now.
How to get a lot of year-end tax adjustment refunds You’ve probably heard a lot about the year-end tax adjustment refunds called the 13th salary of office workers.But some have to get back and some have to pay more.
slns2.tistory.com
This time, I would like to explain a more advanced strategy.
strategies for raising parents of both families
This is a way to increase the number of dependents.Of course, you should be able to afford to proceed like that, but it’s good to know that you can get more income deductions than you think if you use them properly.At this time, the criteria for receiving the maximum income deduction due to dependents are children under the age of 20 or parents over the age of 60. In this case, each person will receive a personal deduction of 1.5 million won.
family strategy
In order to include dependents, it is recommended to drive double-income couples to the higher income side.This is because it is possible to lower the target of high-paying workers.In addition, there is no limit to deductions due to dependents, so the more children and the more families support, the more advantageous it is.
However, if your annual income exceeds 1 million won, including retirement income, you will lose your dependents’ qualifications, so please refer to this. Instead, if you only have earned income, up to 5 million won is okay.
If you’re a family that spends a lot of money on medical care,
In this case, even if you are a double-income couple, the answer may be to drive dependents to the low-income side.This is because the calculation method of medical expenses is slightly differently.In the case of the medical expenses tax deduction, the tax is deducted by multiplying the salary used in excess of 3% of the total salary by 15%. However, if the annual salary is low, it is easy to exceed 3% of the total salary, so it is recommended that the person with the low annual salary has a dependent even through the year-end tax adjustment refund inquiry method.
implementation of year-end settlement two-month strategy
Expenditure: Check card-oriented expenditure and high-paying households.
Low-consumption households: Credit card consumption that benefits a lot and use a lower-paid card.
Households with dependents: Put both parents as dependents under a high salary.
If you are preparing for retirement together: Get a tax credit of up to 1.05 million won by signing up for pension savings and retirement pension.
If you are a monthly rent tenant: Monthly rent tax credit can be deducted up to 900,000 won.