Enter the acquisition price, transfer price, acquisition/transfer dates, residence period, whether this is your only home, and whether it's in a designated speculation-control area to check 1-house tax exemption eligibility (2-year holding, plus 2-year residence in control areas) and estimate your capital gains tax.
Enter the acquisition price, transfer price, and both dates to calculate the result.
This is a simplified estimate only, based on Korea's Income Tax Act rules for a single-house household (1세대1주택) as of the 2023-2024 revisions: full exemption on a transfer price of ₩1.2 billion or less when held 2+ years (plus 2+ years of residence for homes acquired in a designated speculation-control area after August 3, 2017), with the excess above ₩1.2 billion for higher-priced homes taxed using the long-term special deduction table for high-value 1-house owners (up to 40% for holding + up to 40% for residence, 80% max). Non-exempt disposals use the short-term flat rates (70% under 1 year, 60% for 1-2 years) or, for 2+ years, the general long-term special deduction table (up to 30% at 15+ years) with the standard progressive rate (6-45%), plus a ₩2.5 million annual basic deduction and 10% local income tax. It does not reflect the heavy tax rates for multiple homes in control areas (currently suspended and subject to change), presale rights (분양권) or relocation rights (조합원입주권), inherited/gifted acquisition cost carryover rules, or various regional and first-time-buyer exceptions. Confirm your exact tax liability via Hometax or a licensed tax professional before filing. This is not legal or tax advice.