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Teaching Privates Legally

 
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Hadit



Joined: 01 Feb 2010

PostPosted: Fri Nov 26, 2010 7:45 pm    Post subject: Teaching Privates Legally Reply with quote

Is there any way to do it legally?

I would love to be able to claim these as taxable earnings for my Roth IRA so I can contribute to it.
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redaxe



Joined: 01 Dec 2008

PostPosted: Fri Nov 26, 2010 8:01 pm    Post subject: Reply with quote

You need to give Immigration written permission from your employer who is sponsoring your E-2 visa
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Fri Nov 26, 2010 8:35 pm    Post subject: Re: Teaching Privates Legally Reply with quote

Hadit wrote:
Is there any way to do it legally?

I would love to be able to claim these as taxable earnings for my Roth IRA so I can contribute to it.


If you are on an E2 the answer is a simple and unequivocal "NO, there is NO way to do it legally."

The best you could hope for (to be legal) would be to workout a deal with your boss whereby you teach them in the hakwon (and it is presumed that your boss would take a chunk as "rent").

If you are on an F2/4/5 then it is a different matter and you should be aware of board policy on the matter:
http://forums.eslcafe.com/korea/viewtopic.php?t=157583

.
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