Official Notice
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2025 Year-End Tax Settlement
Writer : 관리자
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Date : 2026.01.15
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Hit : 28
2025 Year-End Tax Settlement
(Income Deduction Report & Supporting Document Submission)
This notice provides important information regarding the 2025 Year-End Tax Settlement, including income deduction reporting and supporting document submission for foreign faculty members.
Please review the information below carefully and follow the procedure that applies to your situation.
1. Administrative Support for Year-End Tax Settlement
Foreign faculty members who wish to receive administrative assistance for the year-end tax settlement are requested to visit the Year-End Tax Settlement Support Team during the designated support period.
- Support Period: January 19–23, 2026
To ensure efficient processing and avoid congestion, each faculty member will be assigned a specific visit date.
Please prepare all required documents in advance and visit the support team on your assigned date.
- Location: Woosong Building (W7), Room 211
- Year-End Tax Settlement Support Team
2. Required Documents (Mandatory)
All documents listed below must be prepared before your visit.
(1) Identification Documents
- Digital Identification Certificate (Joint Certificate / 공동인증서)
→ Issued by your bank
- Certificate of Alien Registration (외국인등록사실증명서)
→ Must be issued in 2026
→ Obtainable from your local community center (주민센터)
(2) Income Deduction Report & Supporting Documents
While some data (e.g., credit card, debit card, and cash receipt usage) can be automatically downloaded from the Hometax system, additional supporting documents must be submitted for deductions not reflected in the National Tax Service (NTS) system.
Please prepare the Income Deduction Report and all required supporting documents in accordance with the attached guideline.
Examples of Additional Supporting Documents
① Monthly Rent Tax Credit (월세 세액공제)
If you reside in private rental housing, please submit:
- A copy of the Lease Contract, and
- Proof of rent payment, such as:
▶ Bank transfer transaction history, or
▶ Internet/mobile banking transfer confirmation
※ Cash payments are generally not accepted.
※ University-provided faculty housing is not eligible for this deduction.
② Children’s Education Expense Deduction (자녀 교육비)
If you claim education expenses for your child, please submit:
- An official Tuition Payment Certificate, or
- An Education Expense Payment Confirmation issued by the educational institution
The document must clearly indicate:
▶ Student’s name
▶ School name
▶ Payment amount
▶ Payment period (2025)
(English documents issued by overseas schools are acceptable.)
Deductible Scope of Education Expenses
A. Domestic Education (Within Korea)
✅ Deductible:
▶ Legally recognized kindergartens
▶ Elementary, middle, and high school tuition
▶ Undergraduate university tuition
▶ Private academy (hagwon) expenses for children aged 6 or younger
❌ Not deductible:
▶ Hagwon expenses for children aged 7 or older
▶ Graduate school tuition
▶ Dormitory fees, living expenses, transportation, textbooks
B. Overseas Education (Outside Korea)
✅ Deductible:
▶ Elementary, middle, and high school
▶ Undergraduate (college) programs
❌ Not deductible:
▶ Kindergarten / preschool
▶ Graduate programs (Master’s / PhD)
3. Self-Processing of Year-End Tax Settlement
Faculty members who choose to complete the year-end tax settlement independently must ensure that:
- All forms and supporting documents are fully completed,
- Finalized materials are printed, and
- Submitted by the designated deadline.
Submission Location:
- Woosong Building (W7), Room 220-2
- General Affairs Office
Contact Person:
- Mr. Young-Ho Cho
- Tel: 042-630-9652
- Email: zzskshwl@wsu.ac.kr
4. If You Miss the Year-End Tax Settlement Deadline
If the year-end tax settlement is not completed by the deadline, tax processing will be conducted by the University with basic deductions only.
However, unless you have opted for the flat tax rate (19%), you may still claim additional deductions by filing an individual Comprehensive Income Tax Return in May of the following year.
Comprehensive Income Tax Return (May Filing)
- Filing Period: May 1 – May 31, 2026
- Filing Method:
▶ Online via the National Tax Service (Hometax), or
▶ In person at your local tax office
During this process, you may submit supporting documents for deductions not included in the year-end settlement, such as:
- Children’s education expenses
- Monthly rent expenses
- Medical expenses
- Donations, and other eligible deductions
If applicable, an additional tax refund may be issued after the May filing.
Important Notice
Failure to submit complete documents by the deadline may result in delays or disadvantages in tax settlement processing.
If you have any questions, please contact the HR Office in advance.
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