The year-end settlement service will open on the 15th of next month...Marriage tax credit for marriage registration during this year

Marriage registration during this year, tax credit of 500,000 won

Full tax exemption of up to two childbirth support funds

Child Tax Credit...Two or more children, deductible amount of 50,000 won ↑

The National Tax Service's year-end tax settlement simplification service will begin on the 15th of next month.

The National Tax Service said that if you register your marriage or make a payment to your pension account or housing subscription savings within this month, you need to carefully look at the tax savings points as you can enjoy the last-minute income and tax credits.

From this year's end tax settlement, 500,000 won can be deducted for marriage registration this year due to the establishment of a new marriage tax credit.

It will be applied retroactively from January 1st, and will be eligible for benefits only once in a lifetime regardless of first marriage or re-marriage, and will continue until marriage registration on December 31st, 2026.

In addition, childbirth support funds, which are salaries received under common regulations within two years of the child's birth, are not fully taxed up to two times in relation to the child's birth.

For the child tax credit, if you have two or more children between the ages of 8 and 20, the deduction amount will increase by 50,000 won from the previous one.

Medical expenses are included in the full deduction for those under the age of six, and workers whose total salary exceeds 70 million won can also deduct postpartum care expenses up to 2 million won.

The payment limit for the housing subscription savings deduction will be expanded from 2.4 million won to 3 million won per year.

If you pay extra funds to your pension account, housing subscription savings, or youth long-term collective investment securities savings by the end of this month, you can receive income and tax credits.