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phoenixstorm
Joined: 06 Mar 2007
Location: Seoul, South Korea
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 Posted: Sun Dec 14, 2008 6:47 pm Post subject: Tax Refund Musing |
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| Okay I'm paid a month later like the rest of you I'm assuming. So the month of December that I will work will not be paid till January next year. Does this mean that my income of December should be factored into my tax refund or not because I don't actually receive that money until 2009? |
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maingman
Joined: 26 Jan 2008
Location: left Korea
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tired of LA
Joined: 06 Nov 2006
Location: Seoul
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| Posted: Wed Dec 17, 2008 5:45 pm Post subject: Re: Tax Refund Musing |
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| phoenixstorm wrote: |
| Okay I'm paid a month later like the rest of you I'm assuming. So the month of December that I will work will not be paid till January next year. Does this mean that my income of December should be factored into my tax refund or not because I don't actually receive that money until 2009? |
According to my employer last year, the tax year in Korea ends in November. So the tax year that you would get a refund for this year would be December 2007 to Novermber 2008. |
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Whistleblower
Joined: 03 Feb 2007
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eslteacherlooking
Joined: 12 Oct 2008
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| Posted: Tue Jan 06, 2009 5:23 pm Post subject: |
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So if your school is on the job and has submitted your taxes when should you expect your refund?
Also weren't they supposed to give me some kind of form? Has anyone been given a form from your school about your taxes? Do you know the name of it?
Has anyone actually received their refund yet? |
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inthewild
Joined: 28 Mar 2004
Location: Korea
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| Posted: Fri Jan 23, 2009 3:30 pm Post subject: |
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| I'm curious about the refund as well, if anyone has any more info on it. Anyone get any money back from it last year? |
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Whistleblower
Joined: 03 Feb 2007
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| Posted: Fri Jan 23, 2009 4:22 pm Post subject: |
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| No one has even bothered looking at the link that I provided. It is in English and they have the form you require included by adobe pdf. You just need to print it out, fill it in and then give it to your employer. |
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dcwm81
Joined: 18 Sep 2007
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| Posted: Fri Jan 23, 2009 5:19 pm Post subject: |
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| I received a refund last year. I think I got it around April sometime. |
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inthewild
Joined: 28 Mar 2004
Location: Korea
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| Posted: Fri Jan 23, 2009 5:43 pm Post subject: |
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| dcwm81 wrote: |
| I received a refund last year. I think I got it around April sometime. |
How much was it? Or, what percent of your income was it?
I'm trying to figure out if this is even worth the time.
How exactly did you do it? |
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moosehead
Joined: 05 May 2007
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| Posted: Fri Jan 23, 2009 5:49 pm Post subject: Re: Tax Refund Musing |
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| phoenixstorm wrote: |
| Okay I'm paid a month later like the rest of you I'm assuming. So the month of December that I will work will not be paid till January next year. Does this mean that my income of December should be factored into my tax refund or not because I don't actually receive that money until 2009? |
what do you mean exactly?
I'm paid the same month I work - actually for all days not worked yet since we're paid thru the end of the month even tho paid on the 25th.
are you serious about not being paid until the next month?  |
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dcwm81
Joined: 18 Sep 2007
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| Posted: Fri Jan 23, 2009 5:49 pm Post subject: |
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| Last year it was about 950,000 won. It was what was on par with the government rebate page told me I should have received. It's a calculator to tell you if you receive or owe money. I can't remember the link. Check some threads here and look. |
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