- Benefit
- Basic deduction of KRW 1,500,000 per year for yourself, your spouse and each dependent. The current income requirement is an annual income amount of KRW 1,000,000 or less (gross salary of KRW 5,000,000 or less for earned income only). The 2026 tax reform proposal relaxes this to an income amount of KRW 3,000,000 or less and gross salary of KRW 7,500,000 or less (government proposal before National Assembly deliberation, scheduled to take effect in 2027). Dependent age: direct ascendants 60, direct descendants 20, siblings 20 or 60 and older.
- Who is eligible
- Employees and family members who live together with them and meet the income requirement
- When to apply
- Year-end tax settlement (January-February); report changes in dependents to your company during the year
- How to apply
- At your company's year-end tax settlement, check and report dependents' income and age requirements (family relation certificate if needed)
- Important notes
- Requirements are judged as of the end of the tax period (Dec 31)
- Note
- Whether a person is a basic deduction person determines who is eligible for medical, education and card deductions. For dual-income couples, only one person can claim the same dependent. Additional deductions (senior citizens, persons with disabilities, etc.) are separate.
Based on official sources as of 2026년 10월. Amounts and requirements may change, so please confirm with the official guide before applying.