Donation Tax Credit Calculator
Estimate your Korean year-end donation tax credit instantly
도구를 불러오는 중…
🔒 Everything runs 100% in your browser. Your files and input are never uploaded to any server.
This calculator estimates the tax credit refund from charitable donations under Korea's year-end tax settlement (yeonmaljeongsan) system, covering political funds, statutory, designated, and religious organization donations. It's useful for salaried workers in Korea who want a quick estimate of their donation-related tax savings before gathering official receipts, and every calculation runs entirely in your browser with no data sent to a server.
How to use
- Enter your annual gross income.
- Enter the amounts donated to political funds, statutory bodies, designated charities (non-religious), and religious organizations.
- The total estimated tax credit, split into political and general legal/designated/religious credit, appears automatically at the top.
- Adjust the figures to compare how different donation plans affect your estimated credit.
FAQ
- Will this match my actual year-end tax settlement exactly?
- This tool applies Korea's standard credit rates (90.9% up to 100,000 KRW for political donations, 15%/25% above that; 15% up to 10 million KRW and 30% above for statutory, designated, and religious donations) as an approximation — actual results from the National Tax Service can differ based on your other deductions and credits.
- What's the difference between designated and religious donation limits?
- Designated donations (excluding religious organizations) are capped at 30% of your income amount, while religious organization donations are capped at 10%; amounts above these limits are not eligible for the credit.
- Is my income or donation data stored anywhere?
- No. All calculations happen locally in your browser and nothing is sent to or stored on a server.