turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can a resident alien claim their student loan interest? For example, can a Canadian with a student loan from Canada claim that interest?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
pk
Level 15
Level 15

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 ).

View solution in original post

2 Replies
pk
Level 15
Level 15

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 ).

Can a resident alien claim their student loan interest? For example, can a Canadian with a student loan from Canada claim that interest?

Thank you so much pk! Seems like the US Dept of Education doesn't have a list of recognized foreign universities..do you have a link to where I can find that database?
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies