All apps / Year-End Tax Calculator guides

Missed something in February?
Fix it in May or within five years

The February settlement is just your employer doing the paperwork for you. Your right to a deduction does not end there.

NFM Apps guide · 2026-10-02

When and how

WhenHowNotes
1–31 May of the next yearComprehensive income tax returnAdd deductions missing from the settlement
Within 5 years after thatCorrection claim (gyeongjeong cheonggu)Amend the filed figures on Hometax and request a refund

Both can be done on Hometax yourself, without going through HR.

This guide is general tax information and a walk-through of how the numbers work, not tax advice. Deduction rules change every year and depend on your residency status and situation. Confirm what applies to you with the National Tax Service (Hometax year-end settlement preview and simplified service, NTS helpline 126) and your employer’s payroll or HR team. The app’s result is an estimate covering major items only and has no legal effect.

Commonly missed items

Steps

  1. Look up last year’s settlement (withholding receipt) on Hometax.
  2. Collect proof for the missing items.
  3. In May use the income tax return; after that, the correction claim menu. Change the deduction amounts and Hometax recalculates the refund.

If instead you over-claimed (a dependent claimed twice, for example), amending before the NTS finds it keeps penalties lower.

Estimating the extra refund

Saved tab scenario card
Original result
1

Save the original result

Enter figures matching your withholding receipt and save the scenario as “original”.

2

Add the missing items and compare

Add the missing medical or card amounts, save as “with missed items”, and compare. The app covers medical, card, housing savings and dependents only; education and donations are not modelled.

The app’s English screens show amounts with the Korean won sign, and the saved-scenario card keeps a few Korean labels in the current version.

FAQ

Will my employer know?

No. The correction claim is filed by you on Hometax.

What about years older than five?

Once the deadline passes, a refund is generally no longer possible. Start with the oldest year.

Sources: eToday, missed deductions can be claimed for 5 years (Korean) · NTS Hometax

Year-End Tax Calculator

No sign-up, works offline, and your salary data stays on your phone. Free on Android, in English and Korean.

Get it on Google Play