What is the Peace Corps? The benefits are nice once you finish but the compensation during service is subsistence level, you are a volunteer. Yes, but very little by any standard. Consult a tax adviser for additional information. Two months before your departure, you will have the option to designate a financial point of contact to whom the Peace Corps would release a copy of your W-2. You'll have to give up some hobbies or habits and exchange them for others. What information do I need to complete my tax return? If you join the Peace Corps, you can postpone or eliminate part of your student loans and get a chunk of cash at the end of your two-year stint. As AmeriCorps NCCC is a federal program, all Corps Members and staff are expected to comply with federal law. You may have to poop in a hole. Peace Corps is not a normal job, you are expected to be "on the clock" 24/7 and you get as much as you give. 1000% worth it. My income is around 1.5 million guaranies, which, at the time of posting, is 242.53 USD. If you are expecting for Peace Corps to serve you up with a worthwhile experience, not really gonna happen without a lot of effort on your part to make it into the best experience that you can, on your terms, whatever that means to you. The Peace Corps is a federal agency which calls itself, “a leader in international development and citizen diplomacy for more than 50 years across more than 139 countries.” The Peace Corps had 1,004 employees in 2015 with an average pay (base salary + bonus) of $100,125.06. Honored here are those volunteers who died while in service to their country. You'll suffer a lack of privacy or be faced with different work ethics. Click on any underlined name below to learn more about a fallen volunteer. that an extension of time to file is NOT an extension of time to pay. In most Peace Corps countries, you may stand out and get an unusual amount of attention for it. Visit PayScale to research Peace Corps salaries, bonuses, reviews, benefits, and more! You are the creator of your experience in many ways. The Peace Corp will pay for you living expences while you are working for them, as well as cover your medical expecnces. You may use any of these forms to report Peace Corps income. The most common occupation was miscellaneous administration and program, followed by information technology management.The most common payscale is Foreign Service Personnel. In addition to any other tax documents you may have, you’ll need your Peace Corps W-2 and 1095-C. A positive test on a drug screen for any substance (including marijuana) at any time during service, will result in dismissal from the program, so please plan accordingly. You can file your taxes yourself or have them filed by someone else. Also, after your service you are given $6,000 to help you transition back to your life, but you can spend it any way you want. 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