Freelancer Tax Calculator

2026 Self-employed Income Tax Calculation

Calculate comprehensive income tax for freelancers and self-employed. Deduct business expenses from 3.3% withheld amount and check actual tax payable.

💼 What is Freelancer Tax?

Freelancers are classified as business income and must file comprehensive income tax. While 3.3% (3% income + 0.3% local) is withheld, this is just prepayment. The actual tax is settled in May when you deduct business expenses.

📋 Income Tax Calculator

Gross Income

5000만원

Taxable Income

3625만원

Total Tax

460만원

Effective: 9.2%

After-tax

4540만원

📊 Tax Breakdown

Tax Payable

Income Tax4,177,500
Local Tax (10%)417,750
Total Tax4,595,250

Tax by Bracket

0M ~ 14M (6%)840,000
14M ~ 50M (15%)3,337,500

📈 2024 Income Tax Brackets

Taxable IncomeRateDeduction
0원 ~ 1400만원6%0
1400만원 ~ 5000만원15%1,260,000
5000만원 ~ 8800만원24%5,760,000
8800만원 ~ 1.5억원35%15,440,000
1.5억원 ~ 3.0억원38%19,940,000
3.0억원 ~ 5.0억원40%25,940,000
5.0억원 ~ 10.0억원42%35,940,000
10.0억원 over45%65,940,000
💰

Income Tax Result

Total Tax 460만원

9.2% effective rate

Based on 5000만원 annual income

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Note

This calculator is for estimation purposes. Actual tax may vary by individual circumstances. Please consult a tax professional for accurate calculations.

📐 Freelancer Tax Calculation

Business Income = Total Revenue - Business Expenses

Taxable Base = Income - Deductions

Calculated Tax = Base × Progressive Rate (6-45%)

Final Tax = Calculated - Credits - Prepaid (3.3%)

📝 How to Calculate

  1. Enter annual total revenue
  2. Enter business expenses (actual or standard rate)
  3. Enter personal exemptions and deductions
  4. Enter tax credits (pension, medical, etc.)
  5. Check prepaid tax (3.3% withholding)
  6. View final tax payment or refund

📊 Estimated Tax by Revenue (60% expense rate)

RevenueExpensesTaxableTaxPrepaidDue/Refund
$24K$14.4K$8.1K$480$790Refund $310
$36K$21.6K$12.9K$900$1.19KRefund $290
$48K$28.8K$17.7K$1.47K$1.58KRefund $110
$60K$36K$22.5K$2.21K$1.98KDue $230
$80K$48K$30.5K$3.65K$2.64KDue $1.01K
$100K$60K$38.5K$5.41K$3.3KDue $2.11K

💡 Freelancer Tax Tips

  • Keep all expense receipts (equipment, utilities, transport)
  • Standard expense rate: 60-80% depending on industry
  • Pension savings for tax credits (up to 7M KRW)
  • Join Yellow Umbrella for deductions + protection
  • Business registration allows VAT refunds
  • Under 48M income: maximize standard deductions

📚 Länderbezogener Rechenleitfaden

Formellogik

Verwendet öffentliche Standards für Finanzen, Darlehen, Quoten und Umrechnung.

Quellenrahmen

Bezug auf öffentliche Standards und übliche Praxis je Land.

Annahmen

Steuern, Gebühren, Zinssätze und Grenzen variieren nach Region/Institut.

Result Interpretation

Nutzen Sie das Ergebnis als Basisszenario. Vor Entscheidungen mit echtem Angebot und lokaler Steuerlage abgleichen.

Lokale Voreinstellung

Währung: EUR

Einheiten: metric

Steuermodell: US payroll estimate

Regulatorischer Hinweis

Dieses Tool nutzt regionale Voreinstellungen zur Schätzung. Reale Vertragsbedingungen und gesetzliche Grenzen variieren je nach Institut und Rechtsraum.

Empfohlene nächste Schritte

  • Vergleichen Sie vor Abschluss mindestens 2-3 lokale Anbieter.
  • Prüfen Sie Gebühren, Steuerwirkung und Vorfälligkeitsklauseln schriftlich.
  • Simulieren Sie ein Stressszenario mit +1-2% Zins.

Vor realen Entscheidungen bitte die aktuellen lokalen Regeln prüfen.

Richtliniendetails anzeigen