[2026-01-24]Key Points and Common Mistakes in Korea’s Year-End Tax Deductions

The National Tax Service has highlighted common mistakes in year-end tax deductions for employees.
Key updates include dependent income limits, requirements for rent, housing loans, and medical expense deductions.
Over-claimed deductions may result in additional taxes and penalties, so careful review is essential.

[2026-01-16]2024 Year-End Tax Settlement Service Launches with Expanded AI Support

The National Tax Service launched the year-end tax settlement simplified service on January 15, allowing integrated access to income and tax deduction documents.
This year, 45 types of documents are provided, and both AI phone and generative AI chatbot consultations have been introduced to improve response quality.
Guidance on dependents exceeding income limits has become more precise, and final confirmed data will be available from January 20.