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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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pk
Level 14
Level 14

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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2 Replies
pk
Level 14
Level 14

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?
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