Gift Tax Calculator
Calculate Korean gift tax instantly using the latest 2026 tax rates.
Enter the amount received in Korean won.
Total gifts received from the same person in the past 10 years, excluding this gift.
Tax Due
No tax due
- Taxable Amount
- 0KRW
- Tax Rate
- 0%
- Progressive Deduction
- 0KRW
- Effective Rate
- 0.00%
- Lineal ascendant deduction applied
- Amount is within the deduction limit — no tax due.
What is Gift Tax?
Korean gift tax applies when you receive property for free from another person. As of 2026, spouses receive a ₩600 million exemption and adult children receive a ₩50 million exemption. Gifts are aggregated over a 10-year period, making gift planning important.
Gift Tax Deduction Limits (2026)
| Relationship to donor | Deduction Limit |
|---|---|
| Spouse | 600,000,000KRW |
| Lineal ascendant (parent, grandparent) | 50,000,000KRW |
| Adult lineal descendant (child, grandchild) | 50,000,000KRW |
| Minor lineal descendant (child, grandchild) | 20,000,000KRW |
| Other relative (sibling, etc.) | 10,000,000KRW |
| Other / Unrelated | 0 |
Frequently Asked Questions
- When is the gift tax filing deadline?
- You must file within 3 months from the end of the month in which the gift was received. Filing before the deadline entitles you to a 3% reduction on the calculated tax.
- Is there no tax if I receive ₩50 million from my parents?
- If the total gifts received from lineal ascendants (parents, grandparents) over 10 years is ₩50 million or less, no gift tax applies. However, this is a cumulative 10-year limit, so prior gifts must be included.
- How much can I receive from my spouse tax-free?
- Gifts from a spouse are deductible up to ₩600 million over 10 years. The portion exceeding ₩600 million is subject to tax rates of 10–50%.
- Can I use this calculator for tax filing?
- This calculator is for reference only. Please consult a tax professional or the National Tax Service before filing. Actual tax amounts may vary based on individual circumstances.
This calculator is for informational purposes only and has no legal effect. Actual tax amounts may differ based on individual circumstances and legal interpretations. Please consult a qualified tax professional.