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

📚 Guia de cálculo local

Lógica da fórmula

Aplicamos fórmulas públicas de finanças, empréstimos, razão e conversão.

Escopo das fontes

Referências seguem padrões públicos e práticas comuns de cada país.

Premissas

Impostos, taxas e limites variam por região e instituição.

Result Interpretation

Use este resultado como cenário base. Antes de decidir, compare com proposta real e regras fiscais locais.

Padrão local

Moeda: BRL

Unidades: metric

Modelo tributário: US payroll estimate

Aviso regulatório

Esta ferramenta usa presets regionais para estimativa. Termos reais e limites legais variam por instituição e legislação local.

Próximas ações recomendadas

  • Compare pelo menos 2-3 instituições locais antes de fechar.
  • Confirme por escrito taxas, impostos e cláusulas de amortização antecipada.
  • Rode cenário de estresse com +1-2% de juros.

Antes de uma decisão real, confirme as regras atuais da instituição local.

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