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Education
Maybe. If you meet the following requirements, then you can take the Student Loan Interest Deduction. Even if your student loan is being paid to a lender in another country.
- The loan was taken only to pay qualified education expenses, which includes tuition, fees, room and board, books, equipment, and transportation
- The school you attended participates in the Department of Education student loan programs
- You are attending school at least half-time
- You are seeking a degree, certification, or participating in another qualified program
- You are not claimed as a dependent on someone else's tax return
- You are legally obligated to repay the loan
See this TurboTax FAQ for additional information. Click "See entire answer" for the full page view.
‎June 6, 2019
2:06 AM