Let’s take a look at the specific method of predicting the refund amount and setting deduction items efficiently by fully utilizing the 2025 year-end tax settlement preview function.
As the year-end tax settlement season approaches, many people are looking for ways to maximize the amount of refund they will receive. The year-end tax settlement preview function is a very useful tool provided by the National Tax Service’s Hometax, which allows you to predict your refund amount in advance and effectively manage various income deductions and tax deduction items to obtain the optimal refund effect.
How to fully utilize the 2025 year-end tax settlement preview function: Estimating refund amount and optimizing deduction items
How to fully utilize the 2025 year-end tax settlement preview function: Estimating refund amount and optimizing deduction items
Table of contents
1. How to estimate refund amount with the year-end tax settlement preview function
1.1 Overview of the year-end tax settlement preview function
1.2 How to use the year-end tax settlement preview function
1.3 Tax-saving strategies based on the year-end tax settlement preview estimated refund amount
2. Setting year-end tax settlement deduction items that increase refund amount
2.1 Increase tax-saving effect by setting income deduction items
2.2 Setting and optimizing tax deduction items
3. Establishing tax-saving strategies by calculating the expected refund amount
3.1 Simulation of refund amount and deduction amount
3.2 Establishing year-end tax settlement tax-saving strategies
4. Tips for utilizing the year-end tax settlement preview function
4.1 Checking additional deduction items
4.2 Checklist of frequently made deduction items
4.3 Tips for preparing deduction supporting documents
FAQ
1. Using the year-end tax settlement preview function to estimate refund amount How to Expect
You can predict your year-end tax settlement refund in advance and establish tax-saving strategies through the year-end tax settlement preview function. This service from the National Tax Service Hometax helps you check the predicted refund amount and optimize deduction items. This allows you to set detailed items and achieve actual tax-saving effects.
Go to Hometax
1.1 Overview of the year-end tax settlement preview function
Year-end tax settlement preview service procedure
How to use the year-end tax settlement preview
The year-end tax settlement preview function is a year-end tax settlement tool provided by the National Tax Service Hometax website. Users can input various deduction item information such as their income information, credit card spending history, medical expenses, education expenses, and donations to check the expected refund amount.
This allows you to check each item and check the possibility of additional deductions, and receive accurate deductions without missing any deduction items. It is especially useful when you want to maximize your refund amount.
1.2 How to Use the Year-end Tax Settlement Preview Function
To use the year-end tax settlement preview function, follow a few simple steps.
Year-end tax settlement preview
Hometax access and login: Access the National Tax Service Hometax and log in using a certified certificate or simple authentication.
Year-end tax settlement preview menu selection: Select the Year-end tax settlement preview function from the menu, then enter deductible items such as income information, credit card usage history, medical expenses, and education expenses.
Check expected refund amount: Based on the entered information, the expected refund amount and tax to be paid are automatically calculated and displayed. This allows you to know in advance how much the actual refund amount will be.
1.3 Year-end tax settlement preview Tax saving strategy based on expected refund amount
After checking the expected refund amount in the Year-end tax settlement preview, you can establish an appropriate tax saving strategy based on this. For example, if an item that can maximize income deduction and tax deduction is missing or the deduction requirements are not met, you can plan additional spending to supplement this or devise a plan to meet the conditions. You can increase the refund amount more efficiently by reorganizing the deductible items by referring to the expected refund amount.
How to double your year-end tax refund and a summary of deduction limits
Year-end tax settlement is an important tax-saving event that provides employees with a chance to get a tax refund, so much so that it is called the ‘13th month’s salary.’ According to the tax law that changes every year, the 2024 year-end tax settlement (implemented in early 2025) includes several deductions
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2. Setting year-end tax settlement deduction items that increase the refund amount
In order to maximize your refund, it is essential to set appropriate deduction items. By carefully setting deduction items, you can maximize your income deduction and tax deduction items to obtain actual tax-saving effects. This allows you to prepare for year-end tax settlement more efficiently.
2.1 Increasing tax-saving effects by setting income deduction items
Income deductions have the effect of lowering the 🔎tax base, which ultimately reduces the taxable amount. You can maximize tax-saving effects in year-end tax settlement by setting major income deduction items well.
Know the difference between year-end tax settlement income deduction and tax deduction! How to get benefits without mistakes
Do you know the difference between year-end tax settlement income deductions and tax deductions? In this article, we will compare and learn the concepts and differences so that you can clearly understand them, and we will also look at common mistakes and learn how to get benefits without mistakes
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Personal deductions: Personal deductions based on yourself and your family members are the most basic deduction items, and additional deductions are possible if you have dependents such as a spouse, children, or parents.
Pension savings deductions: You can receive tax deductions through pension savings accounts or IRP accounts, and you can enter the pension savings subscription amount in the preview function to check the deduction effect and maximize the use of pension savings.
Housing fund income deductions: Funds used for housing subscriptions, jeonse loans, etc. are also included as income deduction items, and you can especially get tax savings on funds spent for the purpose of housing stability.
2.2 Setting and optimizing tax deduction items
Tax deductions play a very important role in increasing the refund amount because they directly reduce the amount of tax to be paid. If you set the main tax deduction items properly, the actual refund amount can be increased even more.
National Tax Service Income, Tax Deduction Items
Credit Card Usage Deduction: Some credit card and check card usage amounts can be deducted in the year-end tax settlement. If you use a card for housing expenses, medical expenses, education expenses, etc., you can receive additional tax deductions, so it is recommended to carefully check these items.
Donation Deduction: Donations are also tax deductible items. This allows you to check the donation deduction in advance and receive additional deductions. In particular, if you plan to donate at the end of the year, you can enter the donation amount in the relevant item to check the expected deduction effect in advance.
3. Establish a tax-saving strategy by calculating the expected refund amount
After checking the expected refund amount through the preview function, you can expect a greater refund effect by establishing a tax-saving strategy based on this. It is important to adjust detailed deduction items while simulating various scenarios.
3.1 Simulation of refund amount and deduction amount
The preview function allows you to simulate the refund amount by setting various deduction scenarios. For example, you can adjust your credit card usage or add medical expenses to see how your deductions change. This will help you intuitively see how each deduction item affects your refund amount and help you add or optimize the necessary deduction items.
3.2 Establishing a tax-saving strategy for year-end tax settlement
You can establish a strategy to maximize your refund amount by adjusting your spending items based on your expected refund amount. You can maximize your tax-saving effects in year-end tax settlement by preparing additional deduction items or securing necessary supporting documents in advance. Use the preview function to check your refund potential before year-end tax settlement and develop specific strategies to increase your tax-saving potential.
4. Tips for using the year-end tax settlement preview function
Here are some tips for efficiently utilizing the preview function. If you know and prepare in advance how to be more advantageous in year-end tax settlement, you can enjoy more benefits.
4.1 Check additional deduction items
In addition to the deduction items confirmed through the preview function, you can further increase your tax-saving effects by additionally reviewing various deduction items provided by the National Tax Service. It is recommended to additionally check and set items such as medical expenses, education expenses, and housing fund deductions in advance. If you carefully check and set deduction items that are easy to miss without missing anything, the actual refund amount can increase.
4.2 Checklist of frequently mistaken deduction items
If you check deduction items that are often mistaken during the year-end tax settlement in advance, you can prevent mistakes from missing deduction items. For example, there are items that are easy to miss in the simplified service, so it is important to check them yourself. In particular, medical expenses and education expenses are often overlooked, so it is recommended to prepare in advance to prevent deduction omissions.
Year-end tax settlement checklist
Tips for preventing omission of essential documents and deduction items for the simplified year-end tax settlement service
The year-end tax settlement season is approaching. Many office workers are having difficulties preparing for the year-end tax settlement. What are the documents that should not be missed in the year-end tax settlement that is repeated every year and how can you prepare all the deduction items without missing anything?
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4.3 Tips for preparing deduction supporting documents
If you have set deduction items using the preview function, it is important to thoroughly prepare the supporting documents required for the deduction. If you secure documents such as medical expense receipts, donation receipts, and education fee payment certificates in advance, you can receive deductions without omission when filing your year-end tax settlement. Preparing these supporting documents well will help you receive the expected refund amount.
FAQ
Q1. Can I check all deduction items in the year-end tax settlement preview function?
A1. Most deduction items can be checked, but some items may need to be entered separately. You need to check whether additional deductions are possible in addition to the deduction items provided by the National Tax Service.
Q2. When is it best to use the preview function?
A2. The year-end tax settlement preview function is usually provided at the end of the year, and it is best to use it in January. It is advantageous to check the expected refund amount in advance during this period and establish tax-saving strategies before the final report.
Q3. Will the actual year-end tax settlement be automatically reflected if I use the preview function?
A3. The preview function is a reference tool, and since you need to enter the information yourself when filing your final year-end tax settlement, it will not be automatically reflected.
Q4. What deduction items should I set in advance to increase the refund amount?
A4. There are personal deductions, credit card deductions, pension savings deductions, donation deductions, etc., and