Rental Income Tax Calculator

2026 Real Estate Rental Income Tax

Calculate taxes on rental income from houses, shops, and officetels. Compare separate vs comprehensive taxation and check expense deductions.

🏠 What is Rental Income Tax?

Rental income tax is levied on income from property rentals. Housing rental income under 20M KRW annually can choose between separate taxation (14%) or comprehensive taxation. Commercial property rentals are always subject to comprehensive taxation.

📋 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.

📐 Rental Tax Calculation

Rental Income = Annual Rent Revenue - Expenses

Expenses = Depreciation + Repairs + Property Tax + Insurance + Interest

Separate Tax = (Rent - 4M deduction) × (1-60%) × 14%

Comprehensive = (Rental + Other Income) × Progressive Rate (6-45%)

📝 How to Calculate

  1. Enter annual rental income (monthly rent × 12)
  2. Enter expenses (repairs, property tax, insurance)
  3. Add deemed rent from deposits if applicable
  4. Check if combining with other income is beneficial
  5. Choose between separate vs comprehensive taxation

📊 Estimated Tax (Separate vs Comprehensive)

Annual RentSeparate (14%)ComprehensiveBetter Option
$10K$336~$150Comprehensive
$15K$616~$400Comprehensive
$20K$896~$730Comprehensive
$25KN/A~$1.12K-
$30KN/A~$1.58K-
$50KN/A~$3.8K-

💡 Rental Tax Strategies

  • Housing rent under 20M: Separate taxation (14%) often better
  • Standard expense rate: 42.6% or documented actual expenses
  • Depreciation: 2.5-5% of building value annually
  • Loan interest fully deductible
  • Property taxes fully deductible
  • Registered landlord gets 30-75% tax reduction

📚 Guía local de cálculo

Lógica de fórmula

Se aplican fórmulas públicas de finanzas, préstamos, ratios y conversión.

Alcance de fuentes

Tomamos como referencia estándares públicos y prácticas habituales por país.

Supuestos

Impuestos, comisiones, tasas y límites cambian según región e institución.

Result Interpretation

Usa este resultado como escenario base. Antes de decidir, compáralo con oferta real y fiscalidad local.

Configuración local

Moneda: EUR

Unidades: metric

Modelo fiscal: US payroll estimate

Aviso normativo

Esta herramienta usa valores locales para estimación. Las condiciones reales y límites legales dependen de la entidad y del país.

Acciones recomendadas

  • Compara al menos 2-3 entidades locales antes de contratar.
  • Verifica por escrito comisiones, impuestos y cláusulas de prepago.
  • Simula un escenario de estrés con +1-2% de interés.

Antes de decidir, verifica las reglas actualizadas de la entidad local.

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