Hello, I’m a two-person family.
We share information on how to self-report foreign stock capital gains tax in FY21
The Doo Doo family using Samsung Securities filed a foreign stock transfer tax return on their behalf last year.
The transfer tax was handled as a self-report after the deadline for reporting the transfer tax on overseas stocks at Samsung Securities.
For those of you who are experiencing difficulties, we would like to inform you about the transfer tax self-report method.
Please note that the deadline for payment of capital gains tax is May 31, so please pay within the deadline.Samsung Securities overseas stock transfer tax reporting agency schedule: 22.01.24 ~ 22.04.22
Overseas stock capital gains tax payment period: 22.05.09 ~ 22.05.31
The table of contents for self-reporting of overseas stock capital gains tax is as follows.
Download the 21st year overseas stock transfer tax data from each securities company.
Proceed in the order of reporting and payment to Hometax > Capital gains tax > Final return > Periodic filing.
Complete the tax return by organizing and uploading the overseas stock transfer tax data downloaded from the securities company in Excel.
Submit securities company data as proof and file a personal local income tax return. 해외주식 양도소득세 신고 방법
Pay capital gains tax on foreign stocks.
If you read the following articles in order and follow them, you can proceed without difficulty in filing your own overseas stock transfer tax return.
Download the pdf of Samsung Securities’ 21st year overseas stock transfer tax.
Click Samsung Securities Homepage > Trading > Overseas Stocks > Transfer Tax Inquiry.
Select for proof > Inquire > Proceed in the order of printing.
Print and print transfer tax data for the entire year of 2021.
Click the Save button to save it as a pdf file. (You will need to submit a pdf file as proof of transfer tax later.)
2. Log in to Hometax, follow the steps below and download the Excel form.
Click File/Payment > Tax Return > Capital Gains Tax. 부자되는 습관
Click Final Report > Periodic Report.
When a pop-up appears, after checking the contents,
Check Confirmed.
Enter the transfer asset type in the basic information input
It is set as foreign and foreign stocks.
After entering information in the Reporter (Transferee) field, click Save and Go to Next.
When transferring listed stocks, it is possible to transfer without entering the transferee information (save and then move to the next).
So, just click Save and then Go to Next.
Scroll down and click Download Upload Form to fill out the excel upload file.
Fill out the 21-year transfer tax data for securities companies in the Hometax Excel upload form.Tips for self-reporting capital gains tax!!!
1. Code number
tax rate 61,
Stocks, etc. 61,
Transfer item type 01,
Batch set as acquisition type 09
2. Acquisition date: set as 2021-01-01 (set as January 1 of every year)
3. Enter all transfer dates for each sale date!!!
By referring to the details by transfer date in the details of the securities company data, even if it is the same stock, enter it by transfer date.
(In the pdf data of securities companies, enter all of them into Excel as No. 2 (details by transfer date) instead of No. 1 (by item).)Those who have done a lot of trading may need simple labor work.
The two families had to enter about three pages of detailed information.
As shown below, I entered by stock and transfer date.
* Samsung Securities can only be received as a pdf file, not an excel file, so it is cumbersome to manually enter it.
Contact the Samsung Securities customer center to find out that you have to enter each transfer date, so we share accurate information!
3. Excel form
Set cell borders
Transfer date Fill in the form yyyy-mm-dd
Enter as acquisition type 01, 09 (Do not enter as 1, 9, etc.)
Transfer Amount: Enter in Korean Won, and delete the decimal point.
If you are determined to make enough profits to pay overseas stock capital gains tax every year, and it is not difficult to self-file the transfer tax, you will be able to complete the transfer tax self-report successfully!
There may be times when you are mentally disturbed…
This kind of situation sometimes occurs when doing simple input work.
(If you have finished entering the date, but there are still spaces…)
(If you entered all the numbers, but there are still numbers…)
The idea of reducing the trading of overseas stocks in 2022,
Next year, I think I will have to entrust the agency.
Rich people say that time is the most important asset than money, but I ended up repeating the work as these thoughts ran through my head.
Everyone who finished Excel after reading this article worked hard!3. Upload Excel and submit supporting documents
Delete unnecessary blank rows and columns before uploading.
Find File > Upload the handwritten Excel file.
After uploading, check if there are any errors.Checklist
1. After uploading, check whether the list of stock transfer income calculation statements is well displayed.
2. Check whether the total amount of capital gains and the calculation details of the securities company match.
Don’t worry about the items above, click Save and Go to Next. On the next page, there is a box to enter the income deduction of 250,000 won.
Enter the number of 2,500,000 in the Capital Gains Basic Deduction.
After confirming the amount, click the Register button.
After confirming that it appears in the tax rate summation details on the statement, click Save and Go to Next.
Check the amount once again in the report submission section.
Whether the amount of capital gains is consistent with the data of the securities company
Whether you have entered the basic deduction for capital gains of 2,500,000 won
Find out how much tax you are willing to pay.
If you check all the amounts,
Click Submit Report.
Confirm that the report submission has been completed.
4. Separate personal local income tax return and submit supporting documents.
Click Home Tax > Report/Payment > Capital Gains Income, and the following screen appears.
1) Separate personal local income tax return: Click the red square (inquiry of report details (receipt/payment form))
2) Submit the pdf file downloaded from the securities company as proof: Click the blue square (attached to the report/submit supporting documents)
1) Click Report Details Inquiry (Receipt/Payment Form) > Inquire > Go to Local Income Tax Report.
Check the amount of tax reported and file a local income tax return.
Check through Report > Report History.
Swipe down to pay immediately.
Note on local income tax: Please refer to the table of the Local Tax Act Tax Calculation Act.
2) Click Report/Payment > Tax Return > Capital Gains Income > Report Attachment/Submit Evidence to attach the attached documents.
The tax items are set as capital gains tax, and after inquiring, attach the attached documents.
Alternatively, click Submit Tax Return > General Information on Capital Gains > Submit Proof of Capital Gains Tax to submit.
Attach the file received from Samsung Securities [2021_overseas stocks_transfer income amount_calculation details pdf file] and submit.
5. Payment of capital gains tax and local income tax!!
Hometax > Report/Payment > National Tax Payment > Inquiry/Payment of the amount of tax to be paid > Inquire and pay with Giro online.
Please note that capital transfer income tax and local income tax can be paid in three ways: account transfer, credit card, and simple payment (credit card) by selecting the payment method.
To all those who completed the self-report of overseas stock capital gains tax, you worked hard, and congratulations!
Each year, I wrote and shared the manual in detail so that I could file a self-report of capital gains tax on overseas stocks.
All payments are due by the 31st of May.
Let’s do our best to pay capital gains tax on overseas stocks next year!
[Source] A complete master of how to self-report capital gains tax on overseas stocks, detailed explanation, and tips|Written by Dudu Family