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Earned Income Tax Credit To help the livelihoods of low-income households who work A system in which the government provides cash support no see.

Eligibility: Households whose income and assets do not exceed certain standards (e.g., single-person household income less than 22 million won, assets less than 240 million won).

Maximum payout: Annually depending on household type 1.65 million won ~ 3.3 million won payment

Application Period: annually May (Regular) or March · September (half-year) Select and apply

Go to Earned Income Tax Credit Eligibility and Application Method