For a reasonable price, an
experienced Certified Public Agent
or Enrolled Agent will complete
your tax return based on the
Form 1040 Questionnaire
you completed.
CATEGORY | KRW | USD | NOTE |
STANDARD | ₩180,000 | $165.00 | Earned income of less than $100,000 Income source : wages, interest, dividend Standard deduction / Foreign Tax Credit applied Ineligible for Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) + \80,000/$70 for first-year returns due to change in status + \80,000/$70 for each state return you must file+ \50,000 for 10 stock transactions / \2,500 per additional transaction + CPA Certification fee if eligible for special tax deduction taken for refund + Extra fees may be incurred per source of income found during the preparation process not outlined in the standard category (ex. rental income, individual or business income) | |
DELUXE | ₩340,000 | $320.00 |
2) Capital gain or loss from sources other than stocks (ex. sale of property) 3) Earned income exceeding $100,000 (regardless of filing status) 4) Rental income 5) Miscellaneous investment income (ex. K-1, partnership) 6) Purposely use itemized deduction instead of standard deduction 7) IRA rollover / 401K early withdrawal (IRA contribution excluded) + \100,000/$90 for first-year returns due to change in status + Additional service fee per additional rental income/investment income etc. that needs to be reported + CPA Certification fee if eligible for special tax deduction taken for refund + Extra fees may be incurred per source of income found during the preparation process not outlined in the standard category (ex. rental income, individual or business income) NOTE: The minimum quoted service fee assumes that only one item from (1) to (7) applies to you. If more than one item applies, additional fees may occur after you pay the minimum quoted service fee. | |
PREMIUM | ₩540,000~ (separate service fee quote required) | $500.00~ (separate service fee quote required) | Standard or deluxe service + if any of the following applies 1) Income from individual business (has deduction of expenses) 2) Shares in a foreign corporation above 10% but below 50% OR registered as a executive of a foreign corporation 3) Gift and inheritance related transactions Additional fees may be incurred if any of the following applies: + \150,000/$135 for first-year returns due to change in status + CPA Certification fee if eligible for special tax deduction taken for refund + A separate service fee quote is required if you own more than 50% of a foreign corporations NOTE: After paying the service fee, premium clients are required to have a separate consultation meeting with a tax professional to go through the additional documents and information the client needs to prepare. In addition, the minimum quoted service fee assumes that only one item from (1) to (3) applies to you. If more than one item applies, additional fees may occur after you pay the minimum quoted service fee. | |
FATCA | ₩80,000 (for 10 accounts) | $70.00 (for 10 accounts) | \5,000 per additional foreign financial account | |
APPLY FOR EXTENSION OF TIME TO FILE FORM 1040 | ₩35,000 | $30.00 | If you have an SSN or ITIN, we will prepare Form 4868 and electronically file it. If you do not have an SSN or ITIN, we will prepare Form 4868. You may mail it yourself or request us to mail it for a fee. | |
APPLY FOR ITN (CERTIFYING ACCEPTANCE AGENT) | ₩400,000 (refer to notes) NOTE: International shipping fee included | $370 | ♣ Please kindly note that the price listed only applies to clients wo are filing their tax return with Uncle Sam. Below is a list of the services included: - Explanation of documents needed - Completion of ITIN application (Form W-7) - Attachment of Form 1040/1040-NR: A separate fee for preparing the tax return exists and is not included. - Certifying Acceptance Agent service: You do not need to mail your passport with your ITIN application. ♣ In certain situations, ITIN applications may not be processed together with a tax return. If this is not the case, service fees in addition to the standard rate may incur depending on the documents that are needed based on the specific situations. The exact fee will be determined after the client has had the chance to talk to a tax professional over the phone. An ITIN application CANNOT be processed together with a tax return if the application is being submitted for any one of the following reasons: - To elect a tax treaty for a tax return - To fill out withholding related forms OR submit documents to institutions - To apply for tax exemption benefits - To establish a business as a foreign shareholder or member of a U.S. corporation - Other miscellaneous reasons that are not for the purpose of complying with U.S. reporting requirement under the Internal Revenue Code |