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Can a resident alien claim their student loan interest? For example, can a Canadian with a student loan from Canada claim that interest?
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Can a resident alien claim their student loan interest? For example, can a Canadian with a student loan from Canada claim that interest?
Only time the student loan interest can be claimed as an adjustment to the gross income is when you have made payments to the loan. If you are being treated as a resident for tax purposes , then interest on qualified educational loans ( for studying at US department of education recognized institutions -- US and Foreign ) can be recognized. Please check US Dpet. Of Education site for whether the univ you went is recognized or not ( many are indeed so ).
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Can a resident alien claim their student loan interest? For example, can a Canadian with a student loan from Canada claim that interest?
Only time the student loan interest can be claimed as an adjustment to the gross income is when you have made payments to the loan. If you are being treated as a resident for tax purposes , then interest on qualified educational loans ( for studying at US department of education recognized institutions -- US and Foreign ) can be recognized. Please check US Dpet. Of Education site for whether the univ you went is recognized or not ( many are indeed so ).
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Can a resident alien claim their student loan interest? For example, can a Canadian with a student loan from Canada claim that interest?
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