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2011년 3월 13일 일요일

3/10 Talk about filing taxes at the end of the year.

Koreans who earn a monthly salary have to file their taxes.
* file one's taxes: 소득세 신고를 하다.
ex> Tax attorneys get extra busy when people have to file their taxes.

The income tax rate is progressive
* progressive tax rate: 누진세율
ex> Wealthy people have to pay more taxes with the progressive tax rate system.

There are various deductions people can get.
* deduction: 소득 공제
ex> You must document the money you spent to get deductions.

Money spent on supporting family, and donations are all deductible.
* deductible: 공제 가능한
ex> Try to find a good deductible insurance plan to cover you and your family.

After all the deductions have been made, you find out whether you're eligible for a tax refund.
* be eligible for: ~할 자격이 되다.
ex> If your online purchase exceeds 200,000 won, you can be eligible for free shipping and handling.

If you're not, you have to shell out additional income tax.
* shell out: spend, 지불하다.(어쩔 수 없이)


@ I'm itching to go on a trip.  여행 가고 싶어 근질근질해.
I'd love to just get away for a bit.  잠깐 좀 일상에서 벗어나서 쉬고 싶어.

1. I filed my taxes by myself for the first time.
2. The Government imposes a progressive tax rate on people's income.
3. Donations are deductible.
4. You will find out whether you are eligible for a tax refund.


I also filed taxes last month at my workplace.
I've gotten a tax refund every year.
I felt I was given a extra money, when tax refund was given.
I don't know how much tax refund will be done.
Anyway, I prepared all document of deduction item.

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